City Index and Fusion Markets face off on cost, platforms, and reach. The matchup contrasts instrument breadth with low-cost pricing, inviting readers to weigh the tradeoffs.
Find out which broker best suits your trader profile.
Choose if…
Choose City Index if you want a vast instrument universe (13,500+ markets) and a proprietary trading platform.
Choose if…
Choose Fusion Markets if you want ultra-low commissions and ECN pricing across MT4, MT5, and cTrader.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.2 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | City Index | Fusion Markets |
|---|---|---|
| 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 | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
| Multilingual support | Fail | Fail |
City Index and Fusion Markets share the same editorial score of 4.2/5. One concrete differentiator: Fusion Markets has tighter spreads from 0 pips.
Fusion Markets 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.
Neither City Index nor Fusion Markets requires a minimum deposit, making both accessible regardless of starting capital.
Both City Index and Fusion Markets 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
City Index lists maximum leverage of 30:1, while Fusion Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Fusion Markets charges $4.5 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 Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. City Index has exclusive access to Proprietary Web/Mobile and TradingView. Fusion Markets has exclusive access to cTrader and MetaTrader 5.
Fusion Markets offers tighter spreads from 0.00 pips vs 0.50 pips for City Index, reducing trading costs.
City Index wins for safety and regulation due to FCA licensing, MAS credential, and segregated client funds.
Fusion Markets wins for active traders due to no inactivity fee and ultra-low ECN commissions.
Fusion Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
City Index wins for platform choice with a proprietary platform and TradingView integration.
City Index wins for beginners due to FCA regulation, FSCS protection, and segregated client funds.
City Index wins for instrument variety with 13,500+ markets.
Fees & Spreads 30% weight | 4.3 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.8 / 5 |
|---|
| Founded | 1983 | 2017 |
|---|
| Headquarters | London, United Kingdom | Melbourne, Australia |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $4.5/lot |
|---|
| N/A | 0.45 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | $12/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNetellerPayPal |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA MAS | ASIC VFSC |
|---|
| Platforms | Proprietary Web/Mobile TradingView MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Pros
Among the lowest ECN commissions globally at $4.50/lot round-turn
No minimum deposit and no inactivity fee
Supports MT4, MT5, and cTrader
ASIC regulated with strong Australian broker infrastructure
ETF CFDs available at the same ultra-low commission rate
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
Cons
Inactivity fee after 12 months of no trading
Not available to US residents
Proprietary platform visual design lags behind IG and Saxo
Research depth weaker than IG's Reuters/Morningstar environment
No raw spread account option
Support available in limited languages
Cons
Smaller, newer broker (est. 2017) with limited global brand recognition
Limited research and educational content
VFSC license used for non-AU clients offers fewer protections
No investor compensation scheme
No proprietary platform
Limited charting capabilities
No 24/5 live chat
No phone support
Support available in limited languages
City Index and Fusion Markets are closely matched overall. The single clearest differentiator is instrument variety: City Index offers 13,500+ markets while Fusion Markets has around 250.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
Score 4.2 / 5
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