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City Index vs Swissquote : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

City Index

City Index

VS
Swissquote

Swissquote

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

STP

Years of Existence / Established Year

1983

1996

Customer Base / Number of Accounts

1M + active customers

610,000 accounts


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Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

FINMA CySEC FCA, DFSA

Awards Won (count for the last 2 years)

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

No major awards listed

Security Measures

FSCS

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

9000+ Markets including ETNs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

CFXD Swissquote App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, MT4, Corporate account

Standard Premium Prime Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

€0

Leverage Available

30:1

1:100- 1 : 400

Trade Limit (maximum per trade)

Depends on the assets class

Varies by instrument

Commission (per account type)

€0

€0

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

Wire Transfer Credit/ Debit cards

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Wire Transfer Credit/ Debit cards

Other E-Wallets Supported

Paypal

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

AI generated sentiment analylsis Portfolio performance chart Recurring orders & Securities lending Stress test tool, ESG feature


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Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

Stocks - 0.1%, ETFs - 0.1%, Options / Futures - 2 Euro per contract, OTC Orders/ Grey market / other markets: 0.50%, minimum 100 currencies, Cryptocurrencies- €25 - 10,000 - 1%, Mutual funds - €24.95 minimum commission

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

0.00 pips

Options Contract Fees

NA

€0.85 per transaction

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

1:400


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

NA

Subscription Fees (for premium features, data feeds)

NA

Others- 0.25%Mutual funds - 0.5%

Advisory Fees

NA

€0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

EUWAX Market - 0.1%

Account Opening Fee

NA

€0

Account Maintenance Fee

NA

Quarterly Custody Fees for Cash Asset 0 to 50,000 CHF - 20 CHFAccount fees for precious metal account balances - 0.25%

Deposit Fee

Credit/ debit card- 2%, others - €0

Bank / Post wire transfer - Free Crediting of cheques - 30 CHF Card deposits - 1.9% (Switzerland & Europe)/0% rest

Currency Conversion Fee

Varies by instrument

UK - 0.5%

Withdrawal Fee

Bank fees may apply

Wire transfer - Payment fees changes based on currency


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Forex Opening Hours: 8:00 - 18:00 CET. Monday to FridayForex dealing desk Opening hours: From 23:00 Sunday to 23:00 Friday CET


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

8:00 - 22:00 CET Monday to Friday

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, Live chat

Phone: +41 44 825 88 88 Forex: +41 44 825 87 87 E-mail: [email protected] Forex dealing desk: +41 22 999 94 76

Support Languages

6

9+


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Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Chemin de la Cretaux 33 P.O. Box 1032 1196 Gland

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, City Index might be more attractive due to its lower commissions. Meanwhile, Swissquote justifies its moderate fees with more robust tools and professional-grade features.
The account creation flow at City Index is modern and app-driven, making it seamless for new users. Swissquote , however, leans toward traditional processes with forms and verifications that take more time.
Traders who value simplicity and execution speed may prefer City Index platform. Meanwhile, Swissquote offers more flexibility through tools like advanced order types and multi-screen support.
City Index caters to serious traders who value advanced features, whereas Swissquote appeals to beginners due to its user-friendly platform.