City Indexvs
Forex.comForex Broker Comparison
In this comparison, City Index and Forex.com duel on regulation, fees, and platforms. The axis of tension is instrument variety and language support.
Who should choose City Index vs Forex.com?
Find out which broker best suits your trader profile.
Choose if…
Choose City Index if you want FCA regulation and a large instrument universe with 13,500 markets.
Choose if…
Choose Forex.com if you value multilingual support and access to raw spreads.
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
City Index vs Forex.com: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 5 |
City Index vs Forex.com Forex Broker Pros & Cons
Pros
FCA-regulated since 1983, backed by Nasdaq-listed StoneX Group
13,500+ markets including UK spread betting
TradingView integration for chart-based order execution
EUR/USD from 0.5 pips, competitive for a spread-only desk
FSCS protection up to GBP 85,000 for UK clients
City Index vs Forex.com: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
City Index
criteria wins
2
Forex.com
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | City Index | Forex.com |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
City Index vs Forex.com: Frequently Asked Questions
City Index and Forex.com share the same editorial score of 4.2/5. One concrete differentiator: City Index requires a lower minimum deposit.
City Index starts from 0.5 pips, tighter than Forex.com's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
City Index has no minimum deposit, while Forex.com requires at least $100. This makes City Index more accessible for traders with limited starting capital.
Both City Index and Forex.com hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: City Index has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
City Index lists maximum leverage of 30:1, while Forex.com lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Forex.com charges $7 per lot on commission-based accounts. Commission details for City Index are not currently available. Check their website for up-to-date pricing.
City Index supports Proprietary Web/Mobile, TradingView, MetaTrader 4, while Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. City Index has exclusive access to TradingView. Forex.com has exclusive access to MetaTrader 5.
