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Title City Index vs eToro USA | Broker Comparison

Rating
Take Me To Broker Read Full Review
Rating
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk. Read Full Review

Basic Information

Year Founded

First broker:

1983

Second broker:

2007

Headquarters Location

First broker:

UK (US Parent) + Global Offices

Second broker:

Cyprus, Israel, UK

Publicly Traded (Entity or Parent)

First broker:

YES

Second broker:

No

Regulated?

First broker:

YES

Second broker:

YES

Primary Regulator

First broker:

FCA

Second broker:

CySEC

Minimum Deposit

First broker:

£100

Second broker:

$50

Fixed Spreads?

First broker:

NO

Second broker:

NO

Trading Type

First broker:

Market Maker

Second broker:

Market Maker, NDD, STP

Commissions on Trades

First broker:

NO

Second broker:

YES

CFD Loss Rate

First broker:

72% loss rate on CFDs

Second broker:

76% loss rate on CFDs

Maximum Leverage

First broker:

1:30

Second broker:

1:1

Currency Pairs Offered

First broker:

84

Second broker:

47

General Average Rating - 3 scale

First broker:

2,28

Second broker:

1,68

Background

Value

Score

Value

Score

Year Founded

First broker:

1983

3,0

Second broker:

2007

3,0

Headquarters location + Offices

First broker:

UK (US Parent) + Global Offices

3,0

Second broker:

Cyprus, Israel, UK

2,0

Publicly traded?

First broker:

Owned by GAIN Capital (Yes)

3,0

Second broker:

Private

1,5

Size Measure

First broker:

800+ employees worlwide

2,5

Second broker:

Over 5 million accts

3,0

Summary Score

First broker:

2,88

Second broker:

2,38

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

YES

3,0

Second broker:

YES

3,0

Primary regulator

First broker:

FCA

3,0

Second broker:

CySEC

2,0

Multiple compliance

First broker:

ASIC, Singapore, Dubai,

3,0

Second broker:

FCA, ASIC, ESMA

3,0

Safety of Deposits

First broker:

UK protect, no additional ins

2,5

Second broker:

Offshore, No crypto protect

1,5

Summary Score

First broker:

2,88

Second broker:

2,38

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Average

2,0

Second broker:

Spreads can widen

1,5

General

First broker:

High transparency, options fees?

2,0

Second broker:

Overnight and weekend apply

1,5

Spreads

First broker:

Fixed and variable confusing

2,0

Second broker:

High on average

1,5

Summary Score

First broker:

2,00

Second broker:

1,33

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

4 000

2,5

Second broker:

Medium

1,5

Forex - Breadth

First broker:

Average

2,5

Second broker:

47 pairs

2,5

Other: Comm, Crypto, Spread, CFD?

First broker:

Comm, Cryp, CFD, Spread Betting

3,0

Second broker:

Primary CFD, cryptos

2,0

Summary Score

First broker:

2,67

Second broker:

2,0

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

MT4

3,0

Second broker:

None, only proprietary

1,0

Proprietary options

First broker:

Web and AT Pro platforms

2,5

Second broker:

Single platform

1,5

Special Advanced?

First broker:

Reuters feed, advanced tools

2,0

Second broker:

No streaming news

1,0

Summary Score

First broker:

2,50

Second broker:

1,17

Special Features

Value

Score

Value

Score

Feature A

First broker:

Still operates dealing desk

1,0

Second broker:

Heavy focus on social trading

2,5

Feature B

First broker:

No volume discounts

1,5

Second broker:

No volume discounts

1,5

Feature C

First broker:

No social trading

1,0

Second broker:

Loss protect only at high level

1,0

Summary Score

First broker:

1,17

Second broker:

1,67

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Above average research portal

2,5

Second broker:

Minimal

1,0

Technical Anlaysis

First broker:

In-house analyst updates

2,5

Second broker:

Minimal

1,0

Other Guidance

First broker:

Trading ideas, stratagies

2,0

Second broker:

Social Trading

2,5

Summary Score

First broker:

2,33

Second broker:

1,50

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Basic to Broad coverage

2,0

Second broker:

Basic Minimal

1,0

Webinars/Support

First broker:

Webinars, videos, articles

2,0

Second broker:

Some access

1,5

General

First broker:

72% loss rate on CFDs

1,5

Second broker:

76% loss rate on CFDs

1,5

Summary Score

First broker:

1,83

Second broker:

1,33

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

YES

3,0

Second broker:

No Live Chat, ticket system

1,0

Responsiveness

First broker:

Better than Average

2,5

Second broker:

Average

1,5

FAQs? Quality?

First broker:

More than adequate

2,5

Second broker:

Sufficient

2,0

Summary Score

First broker:

2,67

Second broker:

1,50

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Competitive pricing

2,0

Second broker:

Pioneer in social trading

2,5

Pro #2

First broker:

Large product offering

2,5

Second broker:

Good charting tools

2,0

Pro #3

First broker:

Excellent training/support

2,5

Second broker:

Broad crypto coverage

2,0

Con #1

First broker:

Focus on begin and mid-level

2,0

Second broker:

Poor education area

1,0

Con #2

First broker:

Advanced API integration weak

1,0

Second broker:

Poor cust service access

1,0

Con #3

First broker:

No social trading

1,0

Second broker:

Designed for low skill traders

1,0

Summary Score

First broker:

1,83

Second broker:

1,58

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

2,28

Second broker:

1,68

Broker links

First broker: Take Me To Broker Read Full Review
Second broker: Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk. Read Full Review

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