City Index
Blueberry Markets
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
Choosing between City Index and Blueberry Markets depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while Blueberry Markets operates from Sydney, Australia. City Index has the longer track record, established in 1983, compared to Blueberry Markets which was founded in 2016. 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
Blueberry Markets
City Index is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Blueberry Markets offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
City Index
4.1 vs 3.2
Lowest Fees
Blueberry Markets
0.5 vs 0 pips
Regulation
City Index
3 vs 1 licences
Min. Deposit
City Index
$0 vs $100
City Index
WinnerBlueberry Markets
City Index
Blueberry Markets
City Index holds licences from FCA, ASIC, MAS. Blueberry Markets is regulated by ASIC.
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. City Index additionally covers Stocks. Blueberry Markets adds Crypto.
On spreads, Blueberry 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. Blueberry Markets offers MT4, MT5. Both brokers are available on MT4.
City Index requires no minimum deposit, while Blueberry Markets sets a minimum deposit of $100. This makes City Index accessible to traders with any budget.
BrokerRank scores City Index at 4.06/5 and Blueberry Markets at 3.24/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Blueberry Markets's 3.2/5. 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 Blueberry Markets starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. Blueberry Markets requires $100.
City Index is regulated by FCA, ASIC, MAS, while Blueberry Markets holds licences from ASIC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. Blueberry Markets supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.