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

Broker Name

Webull

Webull

VS
City Index

City Index

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Broker Overview

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

Self-directed retail brokerage platform

Market maker

Years of Existence / Established Year

2017

1983

Customer Base / Number of Accounts

20 Million

1M + active customers


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Regulation & Security

Regulations (governing bodies)

SEC, FINRA

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

Awards Won (count for the last 2 years)

2024 Global Private Banking Awards

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

Security Measures

SIPC, FIDC, Apex Clearing Corp upto $150 million

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

3,300 ETFs including OTC, Margin, Index options, US treasuries bonds

13,500+ assets types including Shares

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

No

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

No

Options

Yes

Yes

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Desktop, Web, and Mobile apps

City Index mobile trading app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Individual, IRA, Futures, Advisor, Entity

Standard, MT4, Corporate account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

€100

Leverage Available

4:1 to 2:1

30:1

Trade Limit (maximum per trade)

Unlimited number of day trades

Depends on the assets class

Commission (per account type)

$0

€0

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

Beginners, Active and passive investor

Beginner to experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit

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

Withdrawal Methods

ACH withdrawals

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

Other E-Wallets Supported

No

Paypal


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research

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


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Fees & Commissions

Trading-Related Fees

Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume

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

$0.10 per contract

NA

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

1.50%

NA

Guaranteed Stop Loss Fees

NA

$0

Maximum Leverage

4:1

30:1


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Non-Trading Fees

Dormant Fees

$0

$15 monthly fee after 24 months of inactivity

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

$8 for deposits in the U.S., $12.5 for international deposits

Credit/ debit card- 2%, others - €0

Currency Conversion Fee

$10

Varies by instrument

Withdrawal Fee

$25 for withdrawals in the U.S, and $45 for international withdrawals

Bank fees may apply


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading from 4:00 AM to 9:30 AM EST

Varies by instrument


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Customer Support

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

24/7

24/5

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], call :1-888-828-0618, in app chat

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

Support Languages

15+

6


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Additional Information

Headquarters Location

44 Wall Street, New York City

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

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.
While Webull maintains low trading fees with no minimum deposit, City Index includes some charges for premium features and certain asset trades, making Webull the better option for budget-focused traders.
Webull offers a quick and paperless account setup that appeals to traders on the go, whereas City Index more involved onboarding process adds an extra layer of safety and regulatory checks.
If you're trading on-the-go, Webull mobile platform is fluid and intuitive. City Index desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Webull caters to serious traders who value advanced features, whereas City Index appeals to beginners due to its user-friendly platform.