City Index
Eightcap
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
In the world of online trading, City Index and Eightcap cater to different types of traders with distinct offerings. City Index, with a rating of 4.06/5, appeals primarily to traders seeking a comprehensive range of over 13,500 markets and strong research support, backed by its long-standing presence and affiliation with the StoneX Group. Conversely, Eightcap, rated 3.62/5, attracts traders who prioritise low-cost trading with raw spreads from 0.0 pips and an interest in cryptocurrency CFDs, albeit with a $100 minimum deposit requirement. The key difference lies in City Index's extensive market access and research tools versus Eightcap's competitive spreads and crypto offerings.
City Index
Eightcap
| City Index | Eightcap | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS | ASIC, FCA, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index
WinnerEightcap
City Index
Eightcap
City Index
4.1/5
Choose City Index if you want…
Eightcap
3.6/5
Choose Eightcap if you want…
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Eightcap's 3.6/5. 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 Eightcap starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. Eightcap requires $100.
City Index is regulated by FCA, ASIC, MAS, while Eightcap holds licences from ASIC, FCA, CySEC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. Eightcap supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.