City Indexvs
SpreadexForex Broker Comparison
In this head-to-head, City Index and Spreadex clash on regulation depth, platform access, and market breadth. Each brings distinct strengths that will matter most to different trading styles.
Who should choose City Index vs Spreadex?
Find out which broker best suits your trader profile.
Choose if…
Choose City Index if you want MT4/MT5 support and access to 13,500+ markets. You benefit from FCA, ASIC and MAS regulation and multiple platforms.
Choose if…
Choose Spreadex if you want TradingView-based charting on 10,000 markets. You also get FCA regulation and no inactivity fee.
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 Spreadex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.5 / 5 |
City Index vs Spreadex 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 Spreadex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
City Index
criteria wins
1
Spreadex
criteria win
Highlighted rows show where the two brokers differ
| Criteria | City Index | Spreadex |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Fail |
City Index vs Spreadex: Frequently Asked Questions
The scores are close: City Index rates 4.2/5 and Spreadex rates 4/5. 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 Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither City Index nor Spreadex requires a minimum deposit, making both accessible regardless of starting capital.
Both City Index and Spreadex 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 Spreadex 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.
City Index supports Proprietary Web/Mobile, TradingView, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile and TradingView. City Index has exclusive access to MetaTrader 4.
