AJ Bell vs City Index 2026: Which Broker is Better?
In this broker comparison, we evaluate AJ Bell and City Index, two prominent names in the UK investment landscape. AJ Bell, headquartered in Manchester, is ideal for UK-based investors seeking ISA and SIPP accounts with a focus on stocks and indices, although it lacks forex and crypto offerings. On the other hand, City Index caters to those interested in a wide array of CFD markets, including forex and commodities, offering more flexibility with a higher leverage and no commissions. While AJ Bell is suited for long-term investors prioritising tax-efficient savings, City Index appeals to active traders looking for diversified market access and comprehensive research tools.
AJ Bell
City Index
| AJ Bell | City Index | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 4.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:1 | 1:200 ✓ |
| Regulation | FCA | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
City Index is the better choice overall, scoring 4.1/5 vs 2.8/5 on BrokerRank's independent rating. On fees, AJ Bell offers lower spreads (0 pips).
See full side-by-side comparison belowAJ Bell vs City Index: Key Differences
AJ Bell
City Index
WinnerStill deciding between AJ Bell and City Index?
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Fees Comparison
AJ Bell
City Index
BrokerRank Verdict
Who Should Choose Which?
AJ Bell
2.8/5
Choose AJ Bell if you want…
- Tighter spreads (from 0 pips)
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- No per-trade commission
- Higher leverage (up to 1:200)
- More regulatory licences (3)
Also consider
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Both AJ Bell & City Index are available in
Frequently Asked Questions
1Is AJ Bell better than City Index?
City Index scores higher overall on our independent rating system. AJ Bell holds a 2.8/5 rating vs City Index's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, AJ Bell or City Index?
AJ Bell offers spreads from 0 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for AJ Bell vs City Index?
AJ Bell requires a minimum deposit of $0. City Index requires $0.
4Which broker is safer, AJ Bell or City Index?
AJ Bell is regulated by FCA, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do AJ Bell and City Index support?
AJ Bell supports Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both AJ Bell and City Index?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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