City Index vs Eightcap 2026: Which Broker is Better?
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 vs Eightcap: Key Differences
City Index
WinnerEightcap
Still deciding between City Index and Eightcap?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
City Index
Eightcap
BrokerRank Verdict
Who Should Choose Which?
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- No per-trade commission
- No minimum deposit
- More established (est. 1983)
Eightcap
3.6/5
Choose Eightcap if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both City Index & Eightcap are available in
Frequently Asked Questions
1Is City Index better than Eightcap?
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.
2Which has lower fees, City Index or Eightcap?
City Index offers spreads from 0.5 pips, while Eightcap starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for City Index vs Eightcap?
City Index requires a minimum deposit of $0. Eightcap requires $100.
4Which broker is safer, City Index or Eightcap?
City Index is regulated by FCA, ASIC, MAS, while Eightcap holds licences from ASIC, FCA, CySEC.
5What trading platforms do City Index and Eightcap support?
City Index supports Proprietary Web, Proprietary Mobile, MT4. Eightcap supports MT4, MT5.
6Can I use both City Index and Eightcap?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
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.
Featured
Deriv
4.0Capital at risk · T&Cs apply
