We have compared City Index and ForexTime to see what the key differences are between these brokers.
Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.
Below is a comparison of City Index VS ForexTime
During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.
Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers City Index vs ForexTime?
At broker City Index you can trade a total of 65 currency pairs, in total you can find over 4500+ instruments.
At broker ForexTime you can trade a total of 35 of currency pairs, in total you will find over 250+ instruments.
Broker City Index provides
Has Education – CFDs,
Has Education – Forex.
Broker ForexTime offers trading platforms of type
MetaTrader 4 (MT4),
MetaTrader 5 (MT5).
Investments
| # |
City Index |
ForexTime |
| Currency Pairs (Total Forex pairs) |
65 |
35 |
| CFDs – Total Offered |
4500+ |
250+ |
|
Options
CFD
|
No
|
No
|
|
Share CFDs
|
Yes
|
Yes
|
|
Forex
CFD
|
Yes
|
Yes
|
|
Commodities
CFD
|
Yes
|
Yes
|
|
ETF
CFD
|
Yes
|
Yes
|
|
Indicies
CFD
|
Yes
|
Yes
|
|
Cryptocurrency traded as actual
|
No
|
No
|
|
Cryptocurrency traded as CFD
|
Yes
|
Yes
|
| Real Stocks and ETFs |
No
|
No
|
| Investments rating |
75%
|
75%
|
| Winner |
|
|
Cost
| # |
City Index |
ForexTime |
|
Average Spread EUR/USD
* Spread is dated 02.01.2024 12:00, spread amount is subject to change.
|
1.1 |
1.5 |
| Deposit from |
100 |
200 |
| Account fee |
No
|
No
|
| Inactivity fee |
Yes
|
Yes
|
| Active Trader or VIP Discounts |
No
|
No
|
| Withdrawal fees |
No
|
No
|
| Deposit fees |
No
|
No
|
| Cost rating |
80%
|
80%
|
| Winner |
|
|
Trading Platforms
| # |
City Index |
ForexTime |
| Desktop Platform (Windows) |
No
|
No
|
| Web Platform |
No
|
No
|
| Social Trading / Copy-Trading |
Yes
|
No
|
| MetaTrader 4 (MT4) |
Yes
|
Yes
|
| MetaTrader 5 (MT5) |
No
|
Yes
|
| Currenex |
No
|
No
|
| cTrader |
No
|
No
|
| Trading Platforms rating |
100%
|
100%
|
| Winner |
|
|
Trading Tools
| # |
City Index |
ForexTime |
| Financial leverage |
Yes
|
Yes
|
| Virtual Trading (Demo) |
Yes
|
Yes
|
| Alerts – Basic Fields |
Yes
|
Yes
|
| Charting – Indicators / Studies (Total) |
Yes
|
Yes
|
| Charting – Drawing Tools (Total) |
Yes
|
Yes
|
| Charting – Trade From Chart |
Yes
|
Yes
|
| Stop-Loss |
Yes
|
Yes
|
| Finacial Calendar |
No
|
Yes
|
| Daily financial news |
No
|
Yes
|
| Order Type – Trailing Stop |
No
|
No
|
| Trading Tools rating |
70%
|
90%
|
| Winner |
|
|
Mobile Trading
| # |
City Index |
ForexTime |
| Android App |
Yes
|
Yes
|
| Apple iOS App |
Yes
|
Yes
|
| Alerts – Basic Fields |
No
|
Yes
|
| SMS alerts |
No
|
No
|
| Mobile Trading |
No
|
No
|
| Mobile Trading rating |
40%
|
60%
|
| Winner |
|
|
Research
| # |
City Index |
ForexTime |
| Daily Market Commentary |
No
|
Yes
|
| Forex News (Top-Tier Sources) |
Yes
|
Yes
|
| Weekly Webinars |
No
|
Yes
|
| Social Sentiment – Currency Pairs |
No
|
No
|
| Economic Calendar |
Yes
|
No
|
| Research |
Yes
|
No
|
| Research rating |
50%
|
50%
|
| Winner |
|
|
Education
| # |
City Index |
ForexTime |
| Has Education – Forex |
Yes
|
Yes
|
| Has Education – CFDs |
Yes
|
Yes
|
| Client Webinars |
No
|
Yes
|
| Videos – Advanced Trading Videos |
No
|
No
|
| Investor Dictionary (Glossary) |
No
|
No
|
| Education |
No
|
Yes
|
| Education rating |
33%
|
67%
|
| Winner |
|
|
Major Forex Pairs
| # |
City Index |
ForexTime |
| GBP/USD |
Yes
|
Yes
|
| USD/JPY |
Yes
|
Yes
|
| EUR/USD |
Yes
|
Yes
|
| USD/CHF |
Yes
|
Yes
|
| USD/CAD |
Yes
|
Yes
|
| NZD/USD |
Yes
|
Yes
|
| AUD/USD |
Yes
|
Yes
|
| Major Forex Pairs rating |
100%
|
100%
|
| Winner |
|
|
Commodities
| # |
City Index |
ForexTime |
| Gold |
Yes
|
Yes
|
| Silver |
Yes
|
Yes
|
| WIT Oil |
Yes
|
Yes
|
| Brent Oil |
Yes
|
Yes
|
| Coffee |
No
|
No
|
| Cocoa |
No
|
No
|
| Soybeans |
No
|
No
|
| Rice |
No
|
No
|
| Corn |
No
|
No
|
| Platinum |
Yes
|
Yes
|
| Palladium |
Yes
|
Yes
|
| Commodities rating |
55%
|
55%
|
| Winner |
|
|
Indices
| # |
City Index |
ForexTime |
| DAX 30 |
Yes
|
Yes
|
| S&P 500 |
Yes
|
Yes
|
| Nasdaq |
Yes
|
Yes
|
| Dow Jones |
Yes
|
Yes
|
| Nikkei |
Yes
|
Yes
|
| Indices rating |
100%
|
100%
|
| Winner |
|
|
Cryptocurrencies
| # |
City Index |
ForexTime |
| Bitcoin |
Yes
|
Yes
|
| Litecoin |
No
|
Yes
|
| Ethereum |
Yes
|
Yes
|
| Ripple |
No
|
No
|
| Neo |
No
|
No
|
| Stellar |
No
|
No
|
| Cardano |
No
|
No
|
| Tron |
No
|
No
|
| Monero |
No
|
No
|
| EOS |
No
|
No
|
| Cryptocurrencies rating |
20%
|
30%
|
| Winner |
|
|
Regulations
| # |
City Index |
ForexTime |
| Cysec |
No
|
Yes
|
| ASIC (Australia) |
No
|
No
|
| FCA (UK) |
Yes
|
Yes
|
| Authorised in the European Union (EU) |
No
|
No
|
| CFTC Registered (USA) |
No
|
No
|
| FINMA (Switzerland) |
No
|
No
|
| Regulations rating |
17%
|
33%
|
| Winner |
|
|
Support
| # |
City Index |
ForexTime |
| Chat |
No
|
Yes
|
| Phone |
Yes
|
Yes
|
| Mail |
Yes
|
Yes
|
| Support rating |
67%
|
100%
|
| Winner |
|
|
Overall
