BrokerCue

Broker Comparison

City Index vs ETRADE from Morgan Stanley

Compare City Index and ETRADE from Morgan Stanley side by side: fees, regulation, platforms.

City Index

City Index

Active CFD and spread betting traders

City Index is a UK-founded spread betting and CFD broker offering 13,500+ markets across forex, indices, sharโ€ฆ

VS
ETRADE from Morgan Stanley

ETRADE from Morgan Stanley

Self-directed investors and active traders

ETRADE from Morgan Stanley offers $0 online stock and ETF trades, advanced Power ETRADE platforms, options, fโ€ฆ

Head-to-head comparison

City Index vs ETRADE from Morgan Stanley
Feature City Index ETRADE from Morgan Stanley
Minimum deposit - No account minimums for brokerage accounts
Stock trading fee - $0 online US-listed stock trades
Regulators FCA, ASIC, CySEC, MAS SIPC, NFA, FDIC, CFTC
Best for Active CFD and spread betting traders Self-directed investors and active traders
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
Options
Futures
Spread Betting
-
Demo Account
-
Margin
Funds
-
Ready Made Portfolios
-

Pros & cons

City Index

City Index

Pros

  • Regulated by FCA, ASIC, CySEC and MAS
  • FSCS investor protection for UK clients
  • No account opening, deposit or standard withdrawal fees
  • 13,500+ tradeable markets including forex, indices, shares and commodities
  • Spread betting is tax-free for UK residents
  • TradingView integration with direct trade execution
  • Free demo account with ยฃ10,000 virtual funds
  • Negative balance protection for retail clients

Cons

  • Inactivity fee of ยฃ12 per month after 12 months
  • Stock CFD commissions apply on every trade
  • Demo account expires after 12 weeks
  • Crypto CFDs unavailable to UK retail clients under FCA rules
  • No MetaTrader 5 support for most regions
  • No copy trading or social investing features
  • No passive investment options such as ready-made portfolios
ETRADE from Morgan Stanley

ETRADE from Morgan Stanley

Pros

  • $0 online US-listed stock, ETF, mutual fund and options trades
  • No brokerage account minimums or maintenance fees
  • Options contract fee falls to $0.50 with 30+ quarterly trades
  • Power ETRADE App trades stocks, ETFs, options and futures
  • Core Portfolios add rebalancing and tax-loss harvesting
  • CME Group and CFE futures quote fees are absorbed

Cons

  • OTC trades cost $6.95, or $4.95 after 30+ quarterly trades
  • Broker-assisted trades add $25
  • Outgoing full account transfers cost $75
  • Outgoing wires cost $25
  • Crypto access is indirect through ETPs, trusts and futures
  • Futures accounts are not protected by SIPC
  • Core Portfolios require $500 and charge 0.30% annually
  • Paper statements cost $2.00 each unless exempt
City Index

City Index

City Index is a UK-founded spread betting and CFD broker offering 13,500+ markets across forex, indices, shares, commodities and options, regulated by the FCA, ASIC, CySEC and MAS.

Your capital is at risk. Other fees apply.

ETRADE from Morgan Stanley

ETRADE from Morgan Stanley

ETRADE from Morgan Stanley offers $0 online stock and ETF trades, advanced Power ETRADE platforms, options, futures, bonds and managed portfolios.

Your capital is at risk. Other fees apply.

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