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Side-by-Side Comparison Independent Updated Oct 2, 2026

City Index vs InvestEngine 2026: Which Broker is Better?

In the world of online trading, City Index and InvestEngine cater to distinct types of investors with differing needs. City Index, with a robust rating of 4.06/5, appeals to experienced traders looking for extensive market options, including CFDs, forex, and commodities, backed by over 40 years of industry presence and strong research capabilities. In contrast, InvestEngine, rated 3.19/5, is ideal for UK-based investors focused on commission-free ETF investments and those seeking a straightforward platform for stocks and shares ISAs. The key difference lies in City Index's comprehensive market access and leverage options, compared to InvestEngine's focus on ETFs and tax-efficient investment solutions.

City Index

InvestEngine

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
City IndexInvestEngine
BrokerRank Score4.1/5 ✓3.2/5
Min. Deposit$0$0
Spread from0.5 pips0 pips ✓
Max Leverage1:200 ✓1:1
RegulationFCA, ASIC, MAS ✓FCA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexInvestEngine
Best for Low Fees
InvestEngineCity Index
Best for Regulation
City IndexInvestEngine
Best Overall
City IndexInvestEngine
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).

See full side-by-side comparison below

City Index vs InvestEngine: Key Differences

Feature

City Index

Winner

InvestEngine

Our Rating
4.1 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities
Stocks
Founded
1983
2019
Headquarters
London, UK
London, UK
Score
2 / 3
1 / 3

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Fees Comparison

Fee

City Index

InvestEngine

Lower fees
Spread From
0.5 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

City Index is better suited for professional traders due to its extensive market offerings, high leverage options, and strong research tools. Beginners might find InvestEngine more appealing with its commission-free ETF investing, low ongoing charges, and user-friendly platform. When it comes to fees, InvestEngine offers a more cost-effective solution with zero commissions and free ISA options, making it the winner in this category.

Who Should Choose Which?

City Index

City Index

4.1/5

Top pick

Choose City Index if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:200)
  • More regulatory licences (3)
  • More market types (5)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • Tighter spreads (from 0 pips)

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#6XM logo
XM
3.9
Visit

Both City Index & InvestEngine are available in

Frequently Asked Questions

1

Is City Index better than InvestEngine?

City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs InvestEngine's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, City Index or InvestEngine?

City Index offers spreads from 0.5 pips, while InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for City Index vs InvestEngine?

City Index requires a minimum deposit of $0. InvestEngine requires $0.

4

Which broker is safer, City Index or InvestEngine?

City Index is regulated by FCA, ASIC, MAS, while InvestEngine holds licences from FCA.

5

What trading platforms do City Index and InvestEngine support?

City Index supports Proprietary Web, Proprietary Mobile, MT4. InvestEngine supports Proprietary Web, Proprietary Mobile.

6

Can I use both City Index and InvestEngine?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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