City Index vs FBS
Side-by-side comparison of regulation, trading costs, platforms, and account types for City Index and FBS.
City IndexTrust 8.6/10
FCA
ASIC
Long-established UK broker (operating since 1983) now part of NYSE-listed StoneX Group. Mature proprietary AT Pro platform alongside MT4 and TradingView, with FCA and ASIC oversight.
FBSTrust 7.5/10
ASIC
CySEC
FSC-Belize
High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.
Quick verdict
- Trust: City Index has the higher trust score.
- EUR/USD spread: City Index is tighter on EUR/USD.
Side-by-side comparison
| Feature | City Index | FBS |
|---|---|---|
| Trust score | 8.6 | 7.5 |
| Regulators | FCA, ASIC | ASIC, CySEC, FSC-Belize |
| Headquarters | United Kingdom | Belize |
| Founded | 1983 | 2009 |
| Min deposit | $0.00 | $1 |
| Max leverage | 1:30 | 1:3000 |
| EUR/USD spread | 0.50 pips | 0.90 pips |
| Commission per lot | $0.00 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, AUD | USD, EUR |
City Index is best for
Day traders
Swing traders
Stock CFD traders
FBS is best for
Beginners
High-volume traders
Day traders