City Index
BlackBull Markets
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
Choosing between City Index and BlackBull Markets depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while BlackBull Markets operates from Auckland, New Zealand. City Index has the longer track record, established in 1983, compared to BlackBull Markets which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
City Index
BlackBull Markets
| City Index | BlackBull Markets | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, TradingView |
City Index is the better choice overall, scoring 4.1/5 vs 3.9/5 on BrokerRank's independent rating. On fees, BlackBull Markets offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index
WinnerBlackBull Markets
City Index
BlackBull Markets
City Index holds licences from FCA, ASIC, MAS. BlackBull Markets is regulated by FCA, ASIC.
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
On spreads, BlackBull Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.
City Index supports Proprietary Web, Proprietary Mobile, MT4. BlackBull Markets offers MT4, MT5, TradingView, Proprietary Mobile. Both brokers are available on Proprietary Mobile, MT4.
City Index requires no minimum deposit, while BlackBull Markets sets no minimum deposit. This makes City Index accessible to traders with any budget.
BrokerRank scores City Index at 4.06/5 and BlackBull Markets at 3.93/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.
City Index
4.1/5
Choose City Index if you want…
BlackBull Markets
3.9/5
Choose BlackBull Markets if you want…
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs BlackBull Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
City Index offers spreads from 0.5 pips, while BlackBull Markets starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. BlackBull Markets requires $0.
City Index is regulated by FCA, ASIC, MAS, while BlackBull Markets holds licences from FCA, ASIC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile.
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.