City Index is better than Fineco Bank.
Trying to decide between City Index and Fineco Bank? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Overall Rating | 8.7 / 10 | 7.7 / 10 | 8.7 / 10 |
| Account Type | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | No | Yes |
| Islamic Account | No | Yes | Yes |
| Copy Trading | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Social Trading / Copy Trading | Yes | No | Yes |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Cryptocurrency | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Cryptocurrency (CFD) | Yes | No | Yes |
| Bitcoin | Yes | No | Yes |
| ethereum | Yes | No | Yes |
| Forex Trading | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | City Index | Fineco Bank | XTB |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | Yes | No | No |
| Social Trading / Copy Trading | Yes | No | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | Yes | No | Yes |
| ETF | Yes | Yes | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Apple iOS App | Yes | Yes | Yes |
| Android App | Yes | Yes | Yes |
| Proprietary Platform | Yes | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes | Yes |
| Web Platform | Yes | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | No | Yes |
| MetaTrader 5 (MT5) | No | No | No |
| Regulatory Licenses | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Tier-1 Licenses | 3 | 1 | 1 |
| ASIC Authorised (Australia) | Yes | No | No |
| IIROC Authorised (Canada) | No | No | No |
| FCA Authorised (U.K.) | Yes | Yes | Yes |
| SFC Authorised (Hong Kong) | No | No | No |
| MAS Authorised (Singapore) | Yes | No | No |
| FINMA Authorised (Switzerland) | No | No | No |
| CFTC Registered (USA) | No | No | No |
| Tier-2 Licenses | 1 | 0 | 3 |
| Tier-3 Licenses | 0 | 0 | 1 |
| Research, Education | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Trading Central (Recognia) | Yes | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | Yes | No | Yes |
| Autochartist | No | No | No |
| Investor Dictionary (Glossary) | Yes | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes | Yes |
| Trading Costs | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Minimum Initial Deposit | £100.00 | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.1 (August 2021) | N/A | 0.9 (Q3 2021) |
| All-in Cost EUR/USD - Active | 1.1 (August 2021) | N/A | 0.9 (Q3 2021) |
| Active Trader or VIP Discounts | Yes | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No | Yes |
| Trading Tools | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Watchlists - Total Fields | 20 | 8 | |
| Mobile Watchlist | Yes | No | Yes |
| Charting - Indicators / Studies (Total) | 139 | 90 | 39 |
| Mobile Charting - Indicators / Studies | 88 | N/A | 39 |
| Trust Factors | City Index | Fineco Bank | XTB |
|---|---|---|---|
| Year Founded | 1983 | 1999 | 2002 |
| Publicly Traded (Listed) | Yes | Yes | Yes |
| Bank | No | Yes | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 92 | 95 |
