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

City Index vs MEXC 2026: Which Broker is Better?

City Index and MEXC cater to distinct trading preferences, making the comparison between them particularly interesting for traders. City Index, with its 40-year legacy and strong regulatory framework under the FCA, ASIC, and MAS, appeals predominantly to traditional traders looking for CFD, forex, and stock markets, backed by robust research and a wide market selection. In contrast, MEXC, with its focus on cryptocurrency markets and high leverage futures, attracts crypto enthusiasts and traders interested in a broad array of altcoins, although its regulatory status is less rigorous. Choosing between the two largely depends on whether a trader prioritises established market variety or seeks opportunities in the fast-paced world of cryptocurrencies.

City Index

MEXC

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
City IndexMEXC
BrokerRank Score4.1/5 ✓4.0/5
Min. Deposit$0$0
Spread from0.5 pips0 pips ✓
Max Leverage1:2001:200
RegulationFCA, ASIC, MAS ✓FSA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexMEXC
Best for Low Fees
MEXCCity Index
Best for Regulation
City IndexMEXC
Best Overall
City IndexMEXC
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 4.0/5 on BrokerRank's independent rating. On fees, MEXC offers lower spreads (0 pips).

See full side-by-side comparison below

City Index vs MEXC: Key Differences

Feature

City Index

Winner

MEXC

Our Rating
4.1 / 5
4.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
None
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities
Crypto
Founded
1983
2018
Headquarters
London, UK
Seychelles
Score
2 / 3
1 / 3

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Fees Comparison

Fee

City Index

MEXC

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 the better choice for beginners, thanks to its broad market coverage, robust regulatory environment, and absence of a minimum deposit requirement. Professional traders might prefer MEXC for its extensive altcoin selection and zero maker fees on spot trades, although its regulatory status is less stringent. On fees, MEXC edges out with zero maker fees, while City Index offers competitive spreads starting from 0.5 pips, making it a close comparison.

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)
  • More regulatory licences (3)
  • More market types (5)
  • More established (est. 1983)
MEXC

MEXC

4.0/5

Choose MEXC 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.

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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both City Index & MEXC are available in

Frequently Asked Questions

1

Is City Index better than MEXC?

City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs MEXC's 4.0/5. 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 MEXC?

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

3

What is the minimum deposit for City Index vs MEXC?

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

4

Which broker is safer, City Index or MEXC?

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

5

What trading platforms do City Index and MEXC support?

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

6

Can I use both City Index and MEXC?

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

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