City Index vs Trade Nation

City Index or Trade Nation – which is better for UK traders 2025? Compare City Index and Trade Nation in this detailed breakdown of their platforms, features and fees.

City Index vs Trade Nation Comparison Table 2025

City Index	Trade Nation
4.4	4.4
City Index is ranked #17 among CFD brokers.	Trade Nation is ranked #12 among CFD brokers.
Review	Review
Founded in 1983, City Index is a prestigious broker, now under the Nasdaq-listed StoneX Group. It excels in forex, CFDs, and spread betting. With access to over 13,500 instruments, City Index provides a dynamic Web Trader platform, exceptional educational materials, and round-the-clock support five days a week, ensuring a thorough trading experience.	Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	67.3% of retail investor accounts lose money when trading CFDs with this provider.
Pros
City Index is under the regulation of leading authorities, such as the FCA in the UK, ASIC in Australia, and MAS in Singapore. Its parent company, StoneX Group Inc., is publicly listed, which enhances its credibility. City Index has significantly improved the trading experience. In 2024, they introduced Performance Analytics, providing insights into trades and discipline. The revamped mobile app now includes integrated market research and swipe-access news. City Index offers access to over 13,500 markets, including forex, indices, shares, commodities, bonds, ETFs, and interest rates. The platform's inclusion of niche markets such as interest rates provides traders with unique opportunities not commonly available on other platforms. City Index offers adaptable trading platforms suited to every expertise level. For newcomers, the Web Trader platform is straightforward and user-friendly. For more in-depth analysis and automated features, MetaTrader 4 (MT4) and TradingView are supported, providing a comprehensive trading experience for all traders.	A variety of trading platforms and apps, such as MT4, make the brand suitable for experienced traders. Trade Nation, a highly regarded and well-regulated broker, was formerly known as Core Spreads. Access a comprehensive selection of investments through leveraged CFDs, enabling both long and short strategies. The trading firm provides narrow spreads and a clear pricing structure. Global traders can use accounts in various currencies. Beginners benefit from a modest initial deposit.
Cons
Although many brokers, such as eToro, have broadened their crypto offerings, City Index restricts its clients to crypto CFDs. This limited selection may not meet the needs of traders seeking a wider variety of altcoins. Unlike brokers like AvaTrade and BlackBull, City Index lacks options for passive trading, such as social copy trading or real ownership of stocks and ETFs. This limitation may reduce its appeal to traders seeking a more hands-off approach. City Index does not offer an Islamic account with swap-free conditions, making it less attractive to Muslim traders than brokers such as Eightcap and Pepperstone.	Reduced legal safeguards with an offshore entity.
Awards
Best CFD Provider 2024 - ADVFN International Financial Awards Best Trading Platform 2022 - Online Money Awards
FCA Regulated
Yes	Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting	Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only)
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Payment Methods
Credit Cards Debit Card Maestro Mastercard Visa Wire Transfer	Credit Cards Debit Card Mastercard PayPal Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.1 Lots
Regulator
FCA, ASIC, CySEC, MAS	FCA, ASIC, FSCA, SCB, FSA
Mobile Apps
iOS & Android	iOS & Android
Trading App
The City Index app delivers an accessible mobile trading experience with customised features such as one-swipe trading. Impressively, it includes full-screen TradingView charts with over 60 technical indicators for strategy planning, complemented by real-time price alerts. In 2024, Performance Analytics tools were launched, offering insights into trading metrics to enhance your strategies.
iOS App Rating
3.8	4.1
Android App Rating
3.1	3.5
Margin Trading
No	Yes
Margin Rate
2.5%
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Trade Nation Seychelles provides signals and copy trading, appealing to novices and those preferring a passive trading strategy. Capitalise on experienced traders' insights to engage in popular financial markets like forex, stocks, and commodities.
Social Trading
No	No
Trade Signals
SMART Signals	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
£12	$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP AUD PLN CZK	USD EUR GBP AUD ZAR SEK NOK DKK
Commodities
Gold Oil Silver Copper Livestock Platinum Natural Gas Soybeans Nickel Iron Orange Juice Cannabis Palladium Coffee Cotton Lean Hogs Sugar Wheat	Gold Silver Aluminium Copper Zinc Oil
CFD
City Index offers a comprehensive range of CFDs, enabling traders to seize short-term opportunities across various assets, sectors, and regions. Its 'Trade Ideas' platform is particularly beneficial for active traders seeking data-driven insights. Additionally, the Web Trader platform features advanced charting tools with over 90 technical indicators.	Trade leveraged CFDs on 1,000+ assets, benefiting from competitive spreads. Utilise the broker's integrated signals to decide optimal entry and exit points.
Leverage
1:30	1:500 (entity dependent)
FTSE Spread
1.0	From 0.4
GBPUSD Spread<
1.1	From 0.6
Oil Spread
1.5	From 3.0
Stocks Spread
Variable	Variable
Forex
City Index is a highly respected forex broker, offering traders access to over 80 currency pairs. With tight spreads starting at 0.7 pips, it provides valuable trading alerts and excellent FX market insights. Moreover, 99.99% of trades are executed successfully.	Trade Nation provides more than 30 popular forex pairs with variable spreads. Traders can choose between a user-friendly proprietary platform and MetaTrader 4. Real-time forex market updates and insights are available through 'Smart News'.
Assets
84	33
GBPUSD Spread
1.1	Variable
EURUSD Spread
0.8	Variable
EURGBP Spread
1.0	Variable
Currency Indices
USD
Cryptocurrency
City Index provides a select range of crypto CFDs, such as Bitcoin, Ethereum, and Ripple. However, it distinguishes itself with insightful market analysis and comprehensive news on significant market movements, all supported by a user-friendly web platform.	The broker’s Bahamas entity facilitates access to cryptocurrencies. Traders can utilise a vast array of indicators to customise their strategies, with transparent pricing and no hidden fees.
Spread
0.5% (BTC)	Fixed
Coins
BTC BCH ETH LTC XRP	BTC ETH LTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
City Index	Trade Nation
Review	Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	67.3% of retail investor accounts lose money when trading CFDs with this provider.
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