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City Index vs TD Direct Investing : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
City Index
TD Direct Investing
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
None
Years of Existence / Established Year
1983
1984
Customer Base / Number of Accounts
1M + active customers
17 M
Regulation & Security
Regulations (governing bodies)
CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC
CIPF, CIRO
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
CIPF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
13,500+ assets types including Shares
Fixed income investments, GICs
Currency Pairs
Yes
No
Commodities
Yes
No
Indices
Yes
No
Cryptocurrencies
No
Yes
CFDs
Yes
No
ETFs
Yes
Yes
Stocks
No
Yes
Options
Yes
Yes
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
City Index mobile trading app
TD app, web trader, Advanced dashboard, TD active trader
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard, MT4, Corporate account
Margin account, cash trading account, TFSA, RSP, RESP, RIF, LIRA, LIF, RDSP
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
€100
$0
Leverage Available
30:1
No
Trade Limit (maximum per trade)
Depends on the assets class
Depends on asset types
Commission (per account type)
€0
NA
Best Suited For (e.g., beginners, experienced traders)
Beginner to experienced
Beginners and experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank transfer, credit card, debit card, e-wallets
Direct bank account, Check
Withdrawal Methods
Bank transfer, credit card, debit card, e-wallets
SWIP, Wire payment
Other E-Wallets Supported
Paypal
No
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
Learning Centre - Investing Education, Market Insights and Analysis, Webinars, Investing Guides, Video Tutorials, TD Direct Investing Community Forum
Fees & Commissions
Trading-Related Fees
UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)
Commission -mutual funds- $0 , IPOs, Equities- $7.00- $9.99, Stock - $3- $43, Bonds- $40 + $1.50/1,000
Spread (typical, fixed, variable)
Fixed and variable spreads
NA
Per Lot Fees
NA
NA
Options Contract Fees
NA
$9.99 + $1.25 per contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
$0
NA
Maximum Leverage
30:1
No
Non-Trading Fees
Dormant Fees
$15 monthly fee after 24 months of inactivity
NA
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
NA
Statement or Document Fee
NA
$2-$5
Account Opening Fee
NA
Applicable, Depends on account types
Account Maintenance Fee
NA
$25 per quarter
Deposit Fee
Credit/ debit card- 2%, others - €0
$17.50 U.S
Currency Conversion Fee
Varies by instrument
2.50%
Withdrawal Fee
Bank fees may apply
$30-$100
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Pre-market trading hours (8 a.m. to 9:30 a.m. ET) and after-hours trading (4 p.m. to 8 p.m. ET)
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
Monday to Friday, 7 am to 10 pm ET
Customer Support Methods (phone, email, live chat)
Email: [email protected], Phone: 0800 060 8609, Live chat
Phone: 1-800-465-5463, , Book an appointment
Support Languages
6
4
Additional Information
Headquarters Location
1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET
66 Wellington Street West, Toronto, ON M5K 1A2
Complaints (for crypto brokers)
No
No
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