City Index
easyMarkets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
City Index was founded in 1983 and is headquartered in UK, while easyMarkets was established in 2003 and is based in Cyprus, Australia. City Index holds licences including Financial Conduct Authority (FCA), while easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. City Index serves 14,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $25 at City Index and $100 at easyMarkets.
| Feature | City Index | easyMarkets |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 1983 | 2003 |
| Country | UK | Cyprus, Australia |
| Clients | 14,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between City Index and easyMarkets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $25 at City Index). City Index charges withdrawal fees while easyMarkets does not, a notable advantage for frequent withdrawers. City Index applies inactivity fees on dormant accounts; easyMarkets does not. City Index charges deposit fees; easyMarkets does not. The two brokers are broadly comparable on fee structure.
| Feature | City Index | easyMarkets |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Index offers MT4, MT5, cTrader, while easyMarkets supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | City Index | easyMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | 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 City Index and easyMarkets compare. easyMarkets runs regular live webinars; City Index does not. easyMarkets has a video library; City Index does not. easyMarkets publishes daily market commentary; City Index does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); City Index does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | City Index | easyMarkets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Index accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while easyMarkets supports 4 (bank transfer, credit/debit card, Skrill, Neteller). City Index uniquely supports PayPal among the two brokers. easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | City Index | easyMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both City Index and easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and easyMarkets supports 5, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |