Compare City Index vs Oanda

City Index City Index
City Index Oanda
City Index Oanda -
Established 1983 Established 1996
Web Web
Country UK Country Japan, New Zealand, Canada, USA, UK, Australia
Regulation FCA (UK) Regulation FCA (UK) ASIC (Australia) CFTC Registered (USA)
Number of CFD asset classes 6 Number of CFD asset classes 4
Broker type MM Broker type MM
Support Phone Mail Support Mail
Deposit from 100 EUR/USD Deposit from 1 EUR/USD
Spreads 1.1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms MetaTrader 4 (MT4) Social Trading / Copy-Trading Platforms MetaTrader 4 (MT4) Social Trading / Copy-Trading
Instruments CFD Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Share CFDs, Forex, Indicies
Funding methods
PayPal Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

We have compared City Index and Oanda 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 Oanda

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 Oanda? At broker City Index you can trade a total of 65 currency pairs, in total you can find over 4500+ instruments. At broker Oanda you can trade a total of 71 of currency pairs, in total you will find over 89+ instruments. Broker City Index provides Has Education – CFDs, Has Education – Forex. Broker Oanda offers trading platforms of type MetaTrader 4 (MT4), Social Trading / Copy-Trading.

Investments

# City Index Oanda
Currency Pairs (Total Forex pairs) 65 71
CFDs – Total Offered 4500+ 89+
Options CFD No No
Share CFDs Yes Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes No
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes No
Real Stocks and ETFs No Yes
Investments rating 75% 50%
Winner

Cost

# City Index Oanda
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1.1 1
Deposit from 100 1
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No Yes
Deposit fees No No
Cost rating 80% 60%
Winner

Trading Platforms

# City Index Oanda
Desktop Platform (Windows) No No
Web Platform No No
Social Trading / Copy-Trading Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) No No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# City Index Oanda
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 Yes
Trading Tools rating 70% 100%
Winner

Mobile Trading

# City Index Oanda
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields No Yes
SMS alerts No No
Mobile Trading No Yes
Mobile Trading rating 40% 80%
Winner

Research

# City Index Oanda
Daily Market Commentary No Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No No
Social Sentiment – Currency Pairs No No
Economic Calendar Yes No
Research Yes No
Research rating 50% 33%
Winner

Education

# City Index Oanda
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No No
Videos – Advanced Trading Videos No No
Investor Dictionary (Glossary) No No
Education No No
Education rating 33% 33%
Winner

Major Forex Pairs

# City Index Oanda
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 No
Major Forex Pairs rating 100% 86%
Winner

Commodities

# City Index Oanda
Gold Yes No
Silver Yes Yes
WIT Oil Yes No
Brent Oil Yes No
Coffee No Yes
Cocoa No No
Soybeans No No
Rice No No
Corn No No
Platinum Yes No
Palladium Yes No
Commodities rating 55% 18%
Winner

Indicies

# City Index Oanda
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes No
Nikkei Yes No
Indices rating 100% 60%
Winner

Cryptocurrencies

# City Index Oanda
Bitcoin Yes No
Litecoin No No
Ethereum Yes No
Ripple No No
Neo No No
Stellar No No
Cardano No No
Tron No No
Monero No No
EOS No No
Cryptocurrencies rating 20% 0%
Winner

Regulations

# City Index Oanda
Cysec No No
ASIC (Australia) No Yes
FCA (UK) Yes Yes
Authorised in the European Union (EU) No No
CFTC Registered (USA) No Yes
FINMA (Switzerland) No No
Regulations rating 17% 50%
Winner

Support

# City Index Oanda
Chat No No
Phone Yes No
Mail Yes Yes
Support rating 67% 33%
Winner

Overall

# City Index Oanda
Link City Index Oanda
Win / Loss % 39% 38%
Winner