Adamant Finance
City Index
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Adamant Finance was founded in 2008 and is headquartered in Saint Vincent and the Grenadines, while City Index was established in 1983 and is based in UK. Adamant Finance holds licences including Cyprus Securities and Exchange Commission (CySEC), while City Index is regulated by Financial Conduct Authority (FCA) among others. Adamant Finance serves 10,000+ clients worldwide; City Index has 14,000+. The minimum deposit is $100 at Adamant Finance and $25 at City Index.
| Feature | Adamant Finance | City Index |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) |
| Founded | 2008 | 1983 |
| Country | Saint Vincent and the Grenadines | UK |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Adamant Finance and City Index, directly affecting your bottom line as a trader. Adamant Finance has a lower barrier to entry with a minimum deposit of $100 (vs $25 at City Index). City Index charges withdrawal fees while Adamant Finance does not, giving Adamant Finance an edge for frequent withdrawers. City Index applies inactivity fees on dormant accounts; Adamant Finance does not. City Index charges deposit fees; Adamant Finance does not. The two brokers are broadly comparable on fee structure.
| Feature | Adamant Finance | City Index |
|---|---|---|
| Min. Deposit | $100 | $25 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Adamant Finance offers MT5, cTrader, while City Index supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. City Index edges ahead on platform breadth and functionality in our scoring.
| Feature | Adamant Finance | City Index |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Adamant Finance and City Index compare. Adamant Finance runs regular live webinars; City Index does not. Adamant Finance has a video library; City Index does not. Adamant Finance publishes daily market commentary; City Index does not. Adamant Finance integrates third-party research tools (Trading Central, Autochartist); City Index does not. Adamant Finance maintains an archive of past webinars for on-demand viewing. Adamant Finance scores higher overall in education and research.
| Feature | Adamant Finance | City Index |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Adamant Finance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while City Index supports 3 (bank transfer, credit/debit card, PayPal). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | Adamant Finance | City Index |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Adamant Finance and City Index offer live chat support. Both provide phone support. Email support is available at both brokers. Adamant Finance supports 2 languages and City Index supports 6, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | Adamant Finance | City Index |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, German, Arabic, Polish, and Chinese |