City IndexSpreads from 0.5 pip on forex, no commission on standard account
- Published fee
- Spreads from 0.5 pip on forex, no commission on standard account
- Minimum deposit
- 150 €
- Inactivity
- $15/month after 12 months of inactivity
Broker comparison
City Index vs.
Oanda
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonCity Index
OandaVS
Summary
Your goal decides.
Oanda has a higher rating of 4.2/5 compared to City Index (4.1/5). The minimum deposit is lower at Oanda with 0 €. City Index has been in the market since 1983, making it the more experienced provider. On spreads, City Index offers EUR/USD from 0.5 pip (typical), while Oanda offers EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission.
City IndexEstablished CFD broker with over 40 years of market presence
OandaForex specialist with advanced technology since 1996
At a glance
The key differences
| Criterion | City Index | Oanda |
|---|---|---|
| Platforms | City Index Web Trader, MT4, City Index App | OANDA Trade, MT4, MT5, TradingView |
| Product types | CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto | Forex, CFDs, Indices, Commodities, Bonds, Metals |
| Options trading | No, CFDs and spread betting | No, forex and CFD trading |
| Fee model | Spreads from 0.5 pip on forex, no commission on standard account | Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing) |
| Minimum deposit | 150 € | 0 € |
| Regulation | FCA | FCA/NFA |
| More information | Details | Details |
Platforms
City Index
City Index Web Trader, MT4, City Index App
Oanda
OANDA Trade, MT4, MT5, TradingView
Product types
City Index
CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto
Oanda
Forex, CFDs, Indices, Commodities, Bonds, Metals
Options trading
City Index
No, CFDs and spread betting
Oanda
No, forex and CFD trading
Fee model
City Index
Spreads from 0.5 pip on forex, no commission on standard account
Oanda
Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
Minimum deposit
City Index
150 €
Oanda
0 €
Regulation
City Index
FCA
Oanda
FCA/NFA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
City IndexOandaSpreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
- Published fee
- Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
- Minimum deposit
- 0 €
- Inactivity
- $10/month after 12 months of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
City IndexCheck the provider’s execution policy and available order types for your account.
Provider informationOandaCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
City IndexCFDsForexIndicesCommoditiesStocks CFDsCrypto
OandaForexCFDsIndicesCommoditiesBondsMetals
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
City IndexCity Index Web Trader · MT4 · City Index App
City Index offers three trading platforms: The proprietary Web Trader is a browser-based platform with advanced charting, technical indicators, market analysis, and integrated research tools. MT4 is available for traders who prefer automated trading with Expert Advisors. The City Index App enables full-featured mobile trading with real-time quotes, push notifications, and order placement on the go.
Explore platformOandaOANDA Trade · MT4 · MT5 · TradingView
Oanda offers the OANDA Trade platform, MT4, MT5, and TradingView. The OANDA Trade platform is the proprietary development with an intuitive interface, advanced charting tools, technical analysis indicators, and integrated market analyses. MT4 and MT5 support automated trading with Expert Advisors. TradingView offers a community-based charting environment. All platforms support Oanda's unique flexible lot sizes and provide mobile versions.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
City IndexEstablished CFD broker with over 40 years of market presence
- Long-standing experience since 1983
- Tight spreads from 0.5 pip
- FCA-regulated
- No BaFin regulation
- Minimum deposit €150
OandaForex specialist with advanced technology since 1996
- No minimum deposit required
- Flexible lot sizes from 1 unit
- Advanced analysis tools
- Limited product range
- No stocks or ETFs
Find the broker that fits
City Index oder Oanda?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Your questions
Frequently asked questions
How do fees differ between City Index and Oanda?
City Index: Spreads from 0.5 pip on forex, no commission on standard account. Oanda: Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: City Index or Oanda?
City Index offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto. Oanda offers Forex, CFDs, Indices, Commodities, Bonds, Metals.
How are City Index and Oanda regulated?
The broker profiles list FCA for City Index and FCA/NFA for Oanda. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is City Index or Oanda better for beginners?
City Index lists a 150 € minimum deposit and offers City Index Web Trader, MT4, City Index App. Oanda lists 0 € and offers OANDA Trade, MT4, MT5, TradingView. Compare usability, available products and costs for your intended use.
City Index vs Oanda: Which broker is better overall?
The choice between City Index (4.1/5, 800 reviews) and Oanda (4.2/5, 1500 reviews) depends on your needs. City Index: Established CFD broker with over 40 years of market presence. Oanda: Forex specialist with advanced technology since 1996.
How do spreads compare between City Index and Oanda?
City Index offers typical spreads of EUR/USD from 0.5 pip (typical). Oanda offers EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission. Tighter spreads reduce trading costs especially for active trading.
Do City Index or Oanda charge an inactivity fee?
City Index: $15/month after 12 months of inactivity. Oanda: $10/month after 12 months of inactivity.
Your next step
Your next step
City IndexEstablished CFD broker with over 40 years of market presence
Open accountRead reviewOandaForex specialist with advanced technology since 1996
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.