Axi
City Index
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Axi and City Index stand out with distinct offerings tailored to different trader needs. Axi, founded in 2007 and headquartered in Sydney, appeals to cost-conscious traders seeking low spreads and high leverage, with a focus on forex and CFD trading via the MT4 platform. On the other hand, City Index, with its London headquarters and over 40 years of industry experience, attracts traders who value extensive market access and robust research tools, offering a broader range of CFD markets and a strong regulatory framework. While Axi is ideal for traders prioritising low entry barriers and copy trading, City Index is suited for those who prefer comprehensive market analysis and a long-standing reputation.
Axi
City Index
| Axi | City Index | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, FCA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowAxi
City Index
WinnerAxi
City Index
Axi
3.6/5
Choose Axi if you want…
City Index
4.1/5
Choose City Index if you want…
City Index scores higher overall on our independent rating system. Axi holds a 3.6/5 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.
Axi offers spreads from 0 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
Axi requires a minimum deposit of $0. City Index requires $0.
Axi is regulated by ASIC, FCA, while City Index holds licences from FCA, ASIC, MAS.
Axi supports MT4, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.