City Index
ETX Capital
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Overview
City Index was founded in 1983 and is headquartered in UK, while ETX Capital was established in 2002 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. City Index serves 14,000+ clients worldwide; ETX Capital has 10,000+. The minimum deposit is $25 at City Index and $100 at ETX Capital.
| Feature | City Index | ETX Capital |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA) |
| Founded | 1983 | 2002 |
| Country | UK | UK |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Index and ETX Capital, directly affecting your bottom line as a trader. ETX Capital has a lower barrier to entry with a minimum deposit of $100 (vs $25 at City Index). City Index charges withdrawal fees while ETX Capital does not, a notable advantage for frequent withdrawers. City Index applies inactivity fees on dormant accounts; ETX Capital does not. City Index charges deposit fees; ETX Capital does not. The two brokers are broadly comparable on fee structure.
| Feature | City Index | ETX Capital |
|---|---|---|
| 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 ETX Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which ETX Capital does not offer. The two brokers are closely matched on platform offering.
| Feature | City Index | ETX Capital |
|---|---|---|
| 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, Mac, Mirror Trader, Binary, 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 ETX Capital compare. ETX Capital runs regular live webinars; City Index does not. ETX Capital has a video library; City Index does not. ETX Capital publishes daily market commentary; City Index does not. ETX Capital integrates third-party research tools (Trading Central, Autochartist); City Index does not. ETX Capital maintains an archive of past webinars for on-demand viewing. ETX Capital scores higher overall in education and research.
| Feature | City Index | ETX Capital |
|---|---|---|
| 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 ETX Capital supports 3 (bank transfer, credit/debit card, Neteller). City Index uniquely supports PayPal among the two brokers. ETX Capital uniquely supports Neteller among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | City Index | ETX Capital |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| 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 ETX Capital offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and ETX Capital supports 7, giving ETX Capital broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | ETX Capital |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, French, Spanish, German, Polish, Czech, Greek and Mandarin |