AMarketsvs
City IndexForex Broker Comparison
AMarkets and City Index face off on regulation, costs, and platform breadth, testing whether protection or raw pricing defines value.
Who should choose AMarkets vs City Index?
Find out which broker best suits your trader profile.
Choose if…
Choose AMarkets if you want raw ECN spreads with MT4 MT5 and cTrader for precise pricing and flexible execution. You will benefit from no inactivity fee, multilingual support, and 250 instruments compared with City Index's 13,500.
Choose if…
Choose City Index if you value top tier regulation and investor protection with FCA/ASIC/MAS oversight. You also gain a proprietary platform and access to 13,500 markets.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
AMarkets vs City Index: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.6 / 5▲ |
AMarkets vs City Index Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs City Index: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
AMarkets
criteria wins
5
City Index
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | City Index |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
AMarkets vs City Index: Frequently Asked Questions
The scores are close: AMarkets rates 3.8/5 and City Index rates 4.2/5. City Index has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
AMarkets starts from 0 pips, tighter than City Index's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
City Index has no minimum deposit, while AMarkets requires at least $100. This makes City Index more accessible for traders with limited starting capital.
City Index holds top-tier regulation (ASIC, FCA, MAS), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
City Index stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while City Index lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot on commission-based accounts. Commission details for City Index are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while City Index supports Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 4. AMarkets has exclusive access to cTrader and MetaTrader 5. City Index has exclusive access to Proprietary Web/Mobile and TradingView.
