| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| City Index | $150 Minimum Deposit | MT4, Web Trader Trading Platforms | 6300+ Markets To Trade | City Index offers MT4 (including automated trading) and provides a user friendly Web Trader and mobile app, with wide range of markets to trade About |
| Titan FX | $200 Minimum Deposit | MT4, MT5 Trading Platforms | 220+ Markets To Trade | Titan FX provides infrastructure for scalping, automated trading and high frequency trading, offering both MT4 and MT5 as well as copy trading About |
City Index and Titan FX Comparison
City Index offers a wide range of markets. Titan FX is an ECN broker with a smaller number of markets available. Titan FX can offer low spreads with a commission charge as well as STP spreads without a commission charge, while City Index provides tight spreads without a commission charge (except for Shares CFDs).
Both brokers provide MT4. Titan FX additionally offers MT5 (the successor to MT4). City Index additionally provides its user friendly Web Trader.
Quick comparison
Titan FX is an ECN broker, offering CFD trading on MT4 and MT5. City Index has a wide range of markets to trade. They have a similar number of markets on MT4. But on its Web Trader, City Index has many more.
Quick Description
- Titan FX: An MT4 and MT5 ECN broker.
- City Index: A broker with a large number of markets available.
Minimum deposit and account types
The minimum deposit for City Index is $150. The minimum deposit for Titan FX is $200.
- City Index provides SMART Signals (which analyses markets to look for trading opportunities), News & Analysis, Trading View analysis, Performance Analytics from Chasing Returns (to analyse trader's performance), an Economic Calendar and SMS Volatility Alerts.
- Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports signal trading via MetaTrader.
- Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
- Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).
Markets
- City Index provides Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks, Options, ETFs, Bonds, IPOs and Interest Rates, with 6300+ CFDs available.
- Titan FX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities and Stocks, with 220+ CFDs available.
City Index offers 80+ Forex pairs (on MT4), Titan FX offers 55+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Titan FX Broker | MT4, MT5 Trading Platforms | Titan FX provides MT4 and MT5 with trading infrastructure to facilitate rapid order processing, scalping and automated trading Description |
| City Index Broker | MT4, Web Trader Trading Platforms | City Index offers a wide range of markets on its user freindly Web Trader and mobile app as well as providing MT4, with automated trading Description |
Spreads and leverage
City Index provides Forex spreads from 0.5 without a commission charge. Titan FX offers Forex spread from 1 without a commission charge and from 0 with a commission charge.
Maximum leverage for City Index is . Maximum leverage for Titan FX is 1000:1.
Online trading platforms
City Index offers MT4 and its Web Trader. Titan FX offers MT4 and MT5. Each offer mobile apps. Both brokers have a minimum trade size of 0.01 lots for Forex on MetaTrader.
Why City Index or TitanFX ?
Traders who want to trade on MetaTrader 4 (MT4) may do so at either broker, though Titan FX is an ECN broker. Traders who want to trade on MetaTrader 5 (MT5) can do so at Titan FX. Traders who want to trade on a user friendly trading Web Trader with many markets to trade may do so at City Index.
Comparison summary
- Both provide CFD trading
- Both offer MT4
- Titan FX additionally provides MT5
- City Index additionally offers its user friendly Web Trader
- City Index provides considerably more markets to trade
- Titan FX is an ECN broker
