City Index vs Interactive Investor

City Index or Interactive Investor – which is better for UK traders 2024? Compare City Index and Interactive Investor in this detailed breakdown of their platforms, features and fees.

City Index vs Interactive Investor Comparison Table 2024
City Index Interactive Investor
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4.4
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4.6
City Index is ranked #18 among CFD brokers. Interactive Investor is ranked #11 among UK brokers.
Review
Review
City Index is an established and award-winning forex, CFD and spread betting broker with top-tier global regulation, including in the UK (FCA) and Australia (ASIC). With 30+ years in the industry, 13,500+ instruments and 24/5 customer support, City Index is a solid pick for aspiring traders. Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • Thousands of instruments including thematic indices and interest rates that are not available at many alternatives
  • Industry-leading platforms including MT4, plus access to cutting-edge third-party tools like TradingView
  • Excellent reputation with over 1 million account holders and tier-one regulatory oversight
  • Tight spreads from 0.5 pips on EUR/USD and competitive commissions on CFD shares
  • A free demo account with unrestricted access to all markets and trading tools
  • Extended hours trading on 70+ popular shares including Amazon and Tesla
  • No minimum deposit to get started
  • FCA-regulated
  • No minimum deposit
  • 40,000+ stocks and shares
  • Excellent market research
  • User-friendly investment app
  • Low fixed fees for large portfolios
  • Multiple payment methods including bank cards
  • Highly rated and trusted by 400,000 investors
  • Less than 1 minute average wait time for customer support
  • Managed ISA introduced in 2024 streamlining investment decisions
Cons
  • Cryptocurrency trading not available in all locations
  • No Islamic account for Muslim traders
  • $15 monthly inactivity fee
  • US traders not accepted
  • No free demo account
  • No copy trading tools
Awards
  • Investment Platform of the Year 2022
  • Best Low-cost SIPP 2022
  • Shareholder Rights Champion 2022
  • Best Low Cost Stockbroker 2022
  • Retail Investor Champion of the Year 2021
  • Best Low Cost Stockbroker 2021
  • Best Stocks and Shares ISA provider 2021
  • Best Stocks & Shares ISA Provider 2020
  • Best Stockbroker for International Dealing 2020
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, Options, Commodities, Bonds Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes No
Minimum Deposit
$0 £0
Payment Methods
Minimum Trade
0.01 Lots £25
Regulator
ASIC, FCA, MAS FCA
Mobile Apps
Yes iOS & Android
iOS App Rating
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3.8
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4.4
Android App Rating
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2.8
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2.5
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader Ready-Made Portfolios
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No Yes
Guaranteed Stop Loss
Yes No
Inactivity Fee
£12 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • CZK
  • GBP
Commodities
  • Gold
  • Oil
  • Silver
  • Copper
  • Livestock
  • Platinum
  • Natural Gas
  • Soybeans
  • Nickel
  • Iron
  • Orange Juice
  • Cannabis
CFD
Trade 5,000+ CFDs from a single account with no hidden fees and free live market data. The suite of markets is impressive vs alternatives, including access to shares, indices, commodities and bonds.
Leverage
1:30 (Retail), 1:50 (Accredited Investor), 1:200 (Sophisticated Investor), 1:300 (Wholesale Investor), 1:400 (Professional Trader). Varies with jurisdiction.
FTSE Spread
1 pt
GBPUSD Spread<
0.8 pips
Oil Spread
0.4
Stocks Spread
Variable
Forex
Trade a wide selection of 80+ currency pairs with spreads from 0.5 pips and industry-favorite platforms. City Index has 40+ years experience in forex trading with liquidity from tier-one banks.
Assets
84
GBPUSD Spread
0.8
EURUSD Spread
0.5
EURGBP Spread
0.8
Currency Indices
  • USD
City Index Interactive Investor
Review
Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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