City Index vs FXTM
Side-by-side comparison of regulation, trading costs, platforms, and account types for City Index and FXTM.
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.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Quick verdict
- Trust: City Index has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | City Index | FXTM |
|---|---|---|
| Trust score | 8.6 | 8.0 |
| Regulators | FCA, ASIC | FCA, CySEC, FSCA, FSC-Mauritius, CMA |
| Headquarters | United Kingdom | Cyprus |
| Founded | 1983 | 2011 |
| Min deposit | $0.00 | $10 |
| Max leverage | 1:30 | 1:1000 |
| EUR/USD spread | 0.50 pips | 0.00 pips |
| Commission per lot | $0.00 | $4 |
| 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 |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, AUD | USD, EUR, GBP, NGN |
City Index is best for
Day traders
Swing traders
Stock CFD traders
FXTM is best for
High-volume traders
Day traders
Copy traders