City Index
FxPro
VS
Compare
City Index
Capital at risk · T&Cs apply
In the "City Index vs FxPro" broker comparison, both brokers are well-regarded in the industry, but they cater to different types of traders. City Index, with its extensive range of over 13,500 markets and no minimum deposit, appeals particularly to traders who value a broad selection of CFDs and strong research tools, making it ideal for those seeking a comprehensive trading experience. In contrast, FxPro, known for its robust platform offerings including MT4 and MT5, is suited for traders who require advanced trading platforms and higher leverage options, particularly those who prefer no dealing desk execution. While both brokers are regulated by the FCA, City Index is part of the StoneX Group and offers slightly tighter spreads, whereas FxPro provides negative balance protection and higher leverage, making it attractive to more experienced traders.
City Index
FxPro
| City Index | FxPro | |
|---|---|---|
| BrokerRank Score | 4.1/5 | 4.1/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.5 pips ✓ | 0.6 pips |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS | FCA, CySEC, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, Proprietary Web |
City Index (4.1/5) and FxPro (4.1/5) are closely matched. City Index has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowCity Index
WinnerFxPro
City Index
Lower feesFxPro
City Index is a well-established broker, founded in 1983, and is regulated by multiple prestigious bodies including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). These regulatory bodies are known for their stringent compliance requirements, ensuring a high level of safety and transparency for traders. Additionally, being part of the StoneX Group, which is listed on NASDAQ, adds another layer of financial stability and credibility.
FxPro, established in 2006, also boasts strong regulatory credentials. It is regulated by the FCA in the UK, the Cyprus Securities and Exchange Commission (CySEC), and ASIC. FxPro offers negative balance protection, ensuring clients cannot lose more than their account balance, which is a significant safety feature. Both brokers are committed to protecting client funds, with City Index offering comprehensive fund protection through its global regulatory oversight, while FxPro provides similar assurances under its regulatory framework.
City Index offers competitive spreads starting from 0.5 pips with no commissions on trades. The absence of a minimum deposit requirement allows for easy access to trading. However, traders should be aware of the inactivity fee, which may impact those who trade infrequently. With maximum leverage of 1:200, City Index provides a balanced risk-to-reward ratio suitable for various trading strategies.
FxPro, on the other hand, features spreads starting from 0.6 pips and also charges no commission on trades. However, the minimum deposit is set at $100, which might be a consideration for new traders. FxPro offers a maximum leverage of 1:500, appealing to those seeking higher leverage options. Overnight fees can apply, which traders should factor in for long-term positions. Although FxPro's spreads are slightly higher, its execution model and negative balance protection provide valuable benefits.
City Index provides a range of platforms including its proprietary Web and Mobile platforms, as well as the MetaTrader 4 (MT4). These platforms cater to various trading styles, offering comprehensive research tools from Refinitiv. FxPro supports both MT4 and the more advanced MetaTrader 5 (MT5), in addition to its proprietary Web and Mobile platforms. This variety ensures that both brokers can accommodate traders of all experience levels, though City Index's platforms may appear less modern compared to FxPro's offerings.
For beginners, City Index is the preferred choice due to its no minimum deposit policy and extensive research tools. Professional traders might favour FxPro for its higher leverage and advanced platform offerings. In terms of fees, City Index edges out slightly with lower starting spreads.
City Index
4.1/5
Choose City Index if you want…
FxPro
4.1/5
Choose FxPro if you want…
City Index (4.1/5) and FxPro (4.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
City Index offers spreads from 0.5 pips, while FxPro starts at 0.6 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. FxPro requires $100.
City Index is regulated by FCA, ASIC, MAS, while FxPro holds licences from FCA, CySEC, ASIC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. FxPro supports MT4, MT5, Proprietary Web, 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.