City Index
Spreadex
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
City Index and Spreadex are two prominent UK-based brokers offering comprehensive trading services, yet they cater to different trader profiles. City Index, with its extensive market access and robust research capabilities, appeals to experienced traders seeking a wide array of CFD options and strong analytical tools. In contrast, Spreadex attracts traders interested in combining spread betting and CFDs on a single platform, making it particularly appealing for UK-based clients looking for tax-efficient trading solutions. While City Index is renowned for its international reach and part of the NASDAQ-listed StoneX Group, Spreadex offers a more UK-centric approach with its tax-free spread betting advantages.
City Index
Spreadex
| City Index | Spreadex | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.5 pips ✓ | 0.6 pips |
| Max Leverage | 1:200 | 1:200 |
| Regulation | FCA, ASIC, MAS ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
City Index is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, City Index offers lower spreads (0.5 pips).
See full side-by-side comparison belowCity Index
WinnerSpreadex
City Index
Lower feesSpreadex
City Index
4.1/5
Choose City Index if you want…
Spreadex
3.4/5
Choose Spreadex if you want…
Similar strengths to City Index — compare below.
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Spreadex's 3.4/5. 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 Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. Spreadex requires $0.
City Index is regulated by FCA, ASIC, MAS, while Spreadex holds licences from FCA.
City Index supports Proprietary Web, Proprietary Mobile, MT4. Spreadex supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
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.