Higher Rated
City Index
Capital at risk · T&Cs apply
In the "City Index vs TMGM" comparison, the key difference lies in their market offerings and appeal to different types of traders. City Index, with its extensive 40+ years of experience, suits traders seeking a broad range of over 13,500 markets, including CFDs and forex, without a minimum deposit requirement. In contrast, TMGM offers raw spreads from 0.0 pips and caters to traders prioritising high leverage up to 1:500 and a comprehensive selection of stock CFDs, though it requires a $100 minimum deposit. While City Index is ideal for those valuing extensive market access and robust research, TMGM appeals to traders focused on cost-effective trading and leveraging opportunities.
City Index
TMGM
| City Index | TMGM | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.5/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | ASIC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
City Index is the better choice overall, scoring 4.1/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index
WinnerTMGM
City Index
TMGM
City Index
4.1/5
Choose City Index if you want…
TMGM
3.5/5
Choose TMGM if you want…
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs TMGM's 3.5/5. 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 TMGM starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. TMGM requires $100.
City Index is regulated by FCA, ASIC, MAS, while TMGM holds licences from ASIC, FCA.
City Index supports Proprietary Web, Proprietary Mobile, MT4. TMGM 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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58% of Brokers Hold a Single Licence
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.