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Vanguard vs City Index : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Vanguard
City Index
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP and ECN broker
Market maker
Years of Existence / Established Year
1975
1983
Customer Base / Number of Accounts
50M+
1M + active customers
Regulation & Security
Regulations (governing bodies)
SEC
CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC
Awards Won (count for the last 2 years)
No major awards listed
Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall
Security Measures
AML, SIPC, FIDC
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
3,400 mutual funds and 191 Vanguard products including CDs, Cash investment, Index funds, Retirement funds, Actively managed funds, ESG funds
13,500+ assets types including Shares
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
No
No
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
No
Options
Yes
Yes
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
User-friendly web interface & mobile app
City Index mobile trading app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
IRAs, Brokerage accounts, 529 saving plans, Cash management, UGMA/UTMA, Small business retirement, 403(b) services
Standard, MT4, Corporate account
Demo Account (Yes/No)
No
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
€100
Leverage Available
No
30:1
Trade Limit (maximum per trade)
99,999 shares
Depends on the assets class
Commission (per account type)
$0
€0
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginner to experienced
Deposit & Withdrawal Options
Deposit Methods
Electronic bank transfer, Wire transfer, Vanguard account, Direct account, Check
Bank transfer, credit card, debit card, e-wallets
Withdrawal Methods
Electronic bank transfer, Automatic investment plan, Automatic withdrawal plan, Wire redemption, Mobile check investment
Bank transfer, credit card, debit card, e-wallets
Other E-Wallets Supported
No
Paypal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Investor Education, Retirement Resources, Market Analysis and Insights, Webinars and Online Seminars, Investment Guides and Tools
Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts
Fees & Commissions
Trading-Related Fees
Commission- $0, 30-day median bid/ask spread - Vanguard Advisors
UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)
Spread (typical, fixed, variable)
Variable
Fixed and variable spreads
Per Lot Fees
NA
NA
Options Contract Fees
$0 base fee, $1 per contract
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
$0
Maximum Leverage
No
30:1
Non-Trading Fees
Dormant Fees
NA
$15 monthly fee after 24 months of inactivity
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
$15- $30/ year
NA
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
NA
NA
Account Maintenance Fee
$25
NA
Deposit Fee
NA
Credit/ debit card- 2%, others - €0
Currency Conversion Fee
Vanguard uses its own exchange rate
Varies by instrument
Withdrawal Fee
Wire transfer- $10
Bank fees may apply
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
No
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
Monday through Friday, 9:30 a.m. to 4 p.m., Eastern time
Varies by instrument
Customer Support
Support Hours (e.g., 24/7, weekdays only)
Monday to Friday, 8:00 am - 8:00 pm EST
24/5
Customer Support Methods (phone, email, live chat)
Phone: 877-662-7447, E-mail: [email protected]
Email: [email protected], Phone: 0800 060 8609, Live chat
Support Languages
8+
6
Additional Information
Headquarters Location
Valley Forge, Pennsylvania, USA
1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET
Complaints (for crypto brokers)
No
No
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