Higher Rated
City Index
Capital at risk · T&Cs apply
City Index and MultiBank Group are prominent brokers, each appealing to distinct trader profiles. City Index, with its long-standing reputation and extensive market offerings, is ideal for traders seeking a reliable, research-driven environment with no minimum deposit requirement. In contrast, MultiBank Group caters to those prioritising extensive leverage options and a wider range of financial instruments, including cryptocurrencies, despite its more complex fee structure. The key difference lies in their leverage offerings: City Index provides a maximum of 1:200, while MultiBank Group offers a higher leverage of up to 1:500.
City Index
MultiBank Group
| City Index | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $50 |
| 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, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index
WinnerMultiBank Group
City Index
MultiBank Group
City Index
4.1/5
Choose City Index if you want…
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs MultiBank Group'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 MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. MultiBank Group requires $50.
City Index is regulated by FCA, ASIC, MAS, while MultiBank Group holds licences from ASIC, FCA, CySEC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. MultiBank Group 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.