City Index vs Plus500
Side-by-side comparison of regulation, trading costs, platforms, and account types for City Index and Plus500.
City IndexTrust 8.6/10
FCA
ASIC
Long-established UK broker (operating since 1983) now part of NYSE-listed StoneX Group. Mature proprietary AT Pro platform alongside MT4 and TradingView, with FCA and ASIC oversight.
Plus500Trust 8.3/10
ASIC
FCA
CySEC
FMA-NZ
CFD specialist with proprietary platform. Listed on London Stock Exchange (PLUS.L). 7 global regulators including FMA-NZ. Best for ease of use, not for advanced trading.
Quick verdict
- Trust: City Index has the higher trust score.
- EUR/USD spread: City Index is tighter on EUR/USD.
Side-by-side comparison
| Feature | City Index | Plus500 |
|---|---|---|
| Trust score | 8.6 | 8.3 |
| Regulators | FCA, ASIC | ASIC, FCA, CySEC, FMA-NZ, MAS, FSCA |
| Headquarters | United Kingdom | — |
| Founded | 1983 | — |
| Min deposit | $0.00 | $100 |
| Max leverage | 1:30 | 1:30 |
| EUR/USD spread | 0.50 pips | 0.80 pips |
| Commission per lot | $0.00 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal | — |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal | — |
| Withdrawal speed | 24h | — |
| Base currencies | USD, EUR, GBP, AUD | — |
City Index is best for
Day traders
Swing traders
Stock CFD traders
Plus500 is best for
Beginners
CFD traders
NZ residents wanting FMA-regulated broker