In a head-to-head across regulation, cost, and platform options, City Index and FxPro challenge readers to weigh depth of markets against pricing transparency.
Find out which broker best suits your trader profile.
Choose if…
Choose City Index if you want the broad instrument universe and FCA backing.
Choose if…
Choose FxPro if you prefer multi-platform access and no inactivity fee.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.4 / 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 | FxPro |
|---|---|---|
| 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 | Pass |
| 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 |
The scores are close: City Index rates 4.2/5 and FxPro rates 4.3/5. FxPro 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.
City Index starts from 0.5 pips, tighter than FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
City Index has no minimum deposit, while FxPro requires at least $100. This makes City Index more accessible for traders with limited starting capital.
Both City Index and FxPro 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 FxPro 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.
FxPro 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 FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. City Index has exclusive access to TradingView. FxPro has exclusive access to cTrader and MetaTrader 5.
City Index offers tighter spreads from 0.50 pips vs 1.20 pips for FxPro, reducing trading costs.
City Index wins for safety and regulation with FCA backing and segregated funds.
FxPro wins for active traders with multi-platform access and no inactivity fee.
FxPro is better suited for scalpers: raw/ECN spreads available.
FxPro wins for platform choice with MT4, MT5, cTrader, and proprietary options.
City Index wins for beginners with $0 minimum deposit and segregated funds.
City Index wins for instrument variety with 13,500+ markets.
Fees & Spreads 30% weight | 4.3 / 5 | 4.4 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
| Founded | 1983 | 2006 |
|---|
| Headquarters | London, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0.5 pips▼ lower | 1.2 pips |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 1.9 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 cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA MAS | CySEC FCA FSCA |
|---|
| Platforms | Proprietary Web/Mobile TradingView MetaTrader 4 | cTrader MetaTrader 5 Proprietary Web/Mobile 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
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
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
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
City Index and FxPro are closely matched, with instrument variety serving as the clearest differentiator.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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