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City Index logo

City Index

7.6/10

Wilsons Advisory And Stockbroking

5.2/10
10/10WinnerRegulation4/10
8/10WinnerFees2/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
6.5/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

City Index was founded in 1983 and is headquartered in UK, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. City Index holds licences including Financial Conduct Authority (FCA), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. City Index serves 14,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $25 at City Index and $100 at Wilsons Advisory And Stockbroking.

City Index wins this category
FeatureCity IndexWilsons Advisory And Stockbroking
Min. Deposit$25$100
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)Unregulated
Founded19832008
CountryUKAustralia
Clients14,000+10,000+

Fees

Fees are a critical factor when choosing between City Index and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Wilsons Advisory And Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $25 at City Index). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Index charges deposit fees; Wilsons Advisory And Stockbroking does not. Overall, City Index scores higher on fees in our assessment.

City Index wins this category
FeatureCity IndexWilsons Advisory And Stockbroking
Min. Deposit$25$100
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

City Index offers MT4, MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCity IndexWilsons Advisory And Stockbroking
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMetatrader 4 - desktop, iOS and Android versions available.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how City Index and Wilsons Advisory And Stockbroking compare. Wilsons Advisory And Stockbroking has a video library; City Index does not. Wilsons Advisory And Stockbroking integrates third-party research tools (Autochartist); City Index does not. Wilsons Advisory And Stockbroking scores higher overall in education and research.

Wilsons Advisory And Stockbroking wins this category
FeatureCity IndexWilsons Advisory And Stockbroking
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.

City Index wins this category
FeatureCity IndexWilsons Advisory And Stockbroking
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillNoNo
NetellerNoNo

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 Wilsons Advisory And Stockbroking offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and Wilsons Advisory And Stockbroking supports 2, giving City Index broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCity IndexWilsons Advisory And Stockbroking
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, German, Arabic, Polish, and ChineseEnglish, and Chinese