City Indexvs
SkillingForex Broker Comparison
City Index and Skilling score highly on regulation and platforms. They pull in different directions on market breadth and pricing options.
Who should choose City Index vs Skilling?
Find out which broker best suits your trader profile.
Choose if…
Choose City Index if you value phone support and broad market access.
Choose if…
Choose Skilling if you prefer no inactivity fees 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 Skilling: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 5 |
City Index vs Skilling 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 Skilling: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
City Index
criteria win
3
Skilling
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | City Index | Skilling |
|---|---|---|
| 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 | Fail |
| Multilingual support | Fail | Pass |
City Index vs Skilling: Frequently Asked Questions
The scores are close: City Index rates 4.2/5 and Skilling rates 4.1/5. 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.
City Index starts from 0.5 pips, tighter than Skilling's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
City Index has no minimum deposit, while Skilling requires at least $100. This makes City Index more accessible for traders with limited starting capital.
Both City Index and Skilling 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 Skilling 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.
City Index supports Proprietary Web/Mobile, TradingView, MetaTrader 4, while Skilling supports Skilling Trader, cTrader, MetaTrader 4. Both provide MetaTrader 4. City Index has exclusive access to Proprietary Web/Mobile and TradingView. Skilling has exclusive access to Skilling Trader and cTrader.
