City Index vs eToro: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeCity IndexeToro
Licence Score72Strong74Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record34
1 FCA United Kingdom LicensedLicensed · FRN 583263
1 ASIC Australia LicensedLicensed
1 MAS Singapore Licensed—
2 CySEC Cyprus —Licensed
4 FSA (Seychelles) Seychelles —Licensed
Founded19832007
HeadquartersUnited KingdomIsrael
TypeSpread betting & CFD providerMulti-asset broker
Publicly listedNoNASDAQ:ETOR
PlatformsProprietary, MT4, TradingViewProprietary
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is City Index or eToro better regulated?

eToro has the higher Licence Score (74 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both City Index and eToro?

Both are matched to licences from ASIC and FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.