Broker to Trading

Vantage (formerly Vantage FX) is an ECN CFD broker. City Index is a CFD broker, offering a large number of markets to trade on its Web Trader. Both offer MT4, while Vantage additionally provides MT5 and ProTrader (powered by TradingView).

Both brokers support the use of automated trading via Expert Advisors on MT4. City Index's Web Trader is suited to traders who execute their own trades as is Vantage's ProTrader. Vantage offers a wide range of platform for social and copy trading.

Quick comparison

City Index can offer many more markets to trade, but Vantage has a relatively large number for an ECN broker. Both provide MT4, while City Index has its Web Trader, while Vantage also offers MT5 and ProTrader.

Minimum deposit and account types

The minimum deposit for City Index is $150. The minimum deposit for Vantage is $50.

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.
Vantage offers Standard STP, Raw ECN, Islamic and Pro ECN accounts. The STP account has a minimum deposit of $50, the Raw ECN account has a minimum deposit of $50 and the Pro ECN account has a minimum deposit of $10,000. The minimum trade size is 0.01 lots.
Vantage's Standard STP account does not charge commissions, while the Raw and Pro ECN accounts do charge commissions. All accounts allow scalping. Vantage supports social and copy trading via ZuluTrade, Myfxbook Autotrade, DupliTrade and Vantage Social Trading (on the Vantage mobile app). The Pro ECN account offers lower commission charges and access to Interbank price feeds.

Markets

• City Index offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs, Bonds, Options, IPOs and Interest Rates, with 6300+ CFDs available.
• Vantage offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 400+ CFDs available.

City Index provides 80+ Forex pairs. Vantage provides 45+ Forex pairs.

Cryptocurrency CFDs

• City Index provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash CFDs.
• Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Uniswap, Cardano, Chainlink, Polkadot, Binance Coin, Algorand, Solana, Dogecoin, Polygon, Avalanche, Cosmos, EOS, Zcash, The Sandbox, SHIB, Tezos, BAT, TRON, IOTA, NEO, Axie Infinity, Curve, Ethereum Classic, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony, Sushi and Uniswap CFDs.

Spreads and leverage

• City Index offers Forex spreads from 0.5, without a commission charge. Vantage may offer very low Forex spreads for the most liquid Forex pairs, plus a commission charge. Vantage also offers Forex spreads without a commission charge from 1.0.

Maximum leverage for City Index is . Maximum leverage for Vantage (CIMA regulated) is 500:1.

Commissions

• City Index does not charge commissions, except for Shares CFDs.
• Vantage has a commission charge of $3 per lot per side for ECN trading, except for its Pro ECN account which has a commission charge of $1.50 per lot per side.

Trading Platforms

City Index provides a web trader (called Web Trader) and MT4. Vantage offers MT4, MT5 and ProTrader.

Why City Index or Vantage ?

Traders who want to trade on MT4 may do so at either, however Vantage provides accounts for those who use automated trading, scalping and high volume trading. Those who want to trade on a user friendly platform can do so at either, however City Index provides a wide range of markets on its platform. Traders who want to social and copy trade can find a wide range of platforms at Vantage.

Comparison summary

• Both offer CFD trading
• Each provides MT4
• City Index additionally offers its Web Trader
• Vantage additionally provides ProTrader (powered by TradingView)
• City Index offers many more markets to trade
• Vantage provides social and copy trading platforms