B

Bailieu

6.3/10
City Index logo

City Index

7.6/10
7/10RegulationWinner10/10
1/10FeesWinner8/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while City Index was established in 1983 and is based in UK. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while City Index is regulated by Financial Conduct Authority (FCA) among others. Bailieu serves 10,000+ clients worldwide; City Index has 14,000+. The minimum deposit is $10000 at Bailieu and $25 at City Index.

City Index wins this category
FeatureBailieuCity Index
Min. Deposit$10000$25
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Founded20121983
CountryAustraliaUK
Clients10,000+14,000+

Fees

Fees are a critical factor when choosing between Bailieu and City Index, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $25 at City Index). City Index charges withdrawal fees while Bailieu does not, giving Bailieu an edge for frequent withdrawers. City Index applies inactivity fees on dormant accounts; Bailieu does not. City Index charges deposit fees; Bailieu does not. Overall, City Index scores higher on fees in our assessment.

City Index wins this category
FeatureBailieuCity Index
Min. Deposit$10000$25
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bailieu offers MT5, cTrader, while City Index supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which Bailieu does not offer. City Index edges ahead on platform breadth and functionality in our scoring.

City Index wins this category
FeatureBailieuCity Index
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and City Index compare. Bailieu runs regular live webinars; City Index does not. Bailieu has a video library; City Index does not. Bailieu publishes daily market commentary; City Index does not. Bailieu integrates third-party research tools (Trading Central, Autochartist); City Index does not. Bailieu maintains an archive of past webinars for on-demand viewing. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuCity Index
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu 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.

City Index wins this category
FeatureBailieuCity Index
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu and City Index offer live chat support. Both provide phone support. Email support is available at both brokers. Bailieu supports 2 languages and City Index supports 6, giving City Index broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBailieuCity Index
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, German, Arabic, Polish, and Chinese