Interactive Brokers is better than City Index.
Trying to decide between Interactive Brokers and City Index? 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 | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Overall Rating | 9.2 / 10 | 8.7 / 10 | 8.7 / 10 |
| Account Type | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | No | Yes | Yes |
| Islamic Account | No | No | Yes |
| Copy Trading | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Social Trading / Copy Trading | No | Yes | Yes |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Cryptocurrency | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Cryptocurrency (Physical) | Yes | No | No |
| Crypto Trading | No | No | No |
| Bitcoin | No | Yes | Yes |
| ethereum | No | Yes | Yes |
| Forex Trading | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | Interactive Brokers | City Index | 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 | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | No | Yes | No |
| Social Trading / Copy Trading | No | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Energies | No | Yes | Yes |
| Agriculturals | Yes | Yes | Yes |
| ETF | Yes | Yes | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | Yes | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | No | Yes | Yes |
| MetaTrader 5 (MT5) | No | No | No |
| Regulatory Licenses | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Tier-1 Licenses | 8 | 3 | 1 |
| ASIC Authorised (Australia) | Yes | Yes | No |
| IIROC Authorised (Canada) | Yes | No | No |
| FCA Authorised (U.K.) | Yes | Yes | Yes |
| SFC Authorised (Hong Kong) | Yes | No | No |
| MAS Authorised (Singapore) | Yes | Yes | No |
| FINMA Authorised (Switzerland) | Yes | No | No |
| CFTC Registered (USA) | Yes | No | No |
| Tier-2 Licenses | 1 | 1 | 3 |
| Tier-3 Licenses | 0 | 0 | 1 |
| Research, Education | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Trading Central (Recognia) | Yes | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | Yes | Yes | 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 | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Minimum Deposit | $0 | £100.00 | $0 |
| Average Spread EUR/USD - Standard | 0.6 (From 09/25/21 - 10/02/21) | 1.1 (August 2021) | 0.9 (Q3 2021) |
| All-in Cost EUR/USD - Active | 0.6 (From 09/25/21 - 10/02/21) | 1.1 (August 2021) | 0.9 (Q3 2021) |
| Active Trader or VIP Discounts | Yes | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes | Yes |
| Trading Tools | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Watchlists - Total Fields | 651 | 20 | 8 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 127 | 139 | 39 |
| Mobile Charting - Indicators / Studies (INTL) | 98 | 88 | 39 |
| Trust Factors | Interactive Brokers | City Index | XTB |
|---|---|---|---|
| Year Founded | 1977 | 1983 | 2002 |
| Publicly Traded (Listed) | Yes | Yes | Yes |
| Bank | No | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 99 | 95 |
