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

City Index vs UOB Kay Hian 2026: Which Broker is Better?

Choosing between City Index and UOB Kay Hian depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, compared to City Index which was founded in 1983. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

City Index

UOB Kay Hian

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
City IndexUOB Kay Hian
BrokerRank Score4.1/5 ✓3.6/5
Min. Deposit$0$0
Spread from0.5 pips0 pips ✓
Max Leverage1:200 ✓1:5
RegulationFCA, ASIC, MAS ✓MAS, SFC
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile, UTRADE
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexUOB Kay Hian
Best for Low Fees
UOB Kay HianCity Index
Best for Regulation
City IndexUOB Kay Hian
Best Overall
City IndexUOB Kay Hian
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).

See full side-by-side comparison below

City Index vs UOB Kay Hian: Key Differences

Feature

City Index

Winner

UOB Kay Hian

Our Rating
4.1 / 5
3.6 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
$0.18/lot
Regulated By
MASSFC
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile, UTRADE
Markets
Cfd, Forex, Stocks, Indices, Commodities
Stocks, Etf, Indices, Forex
Founded
1983
1973
Headquarters
London, UK
Singapore
Score
3 / 4
1 / 4

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Fees Comparison

Fee

City Index

UOB Kay Hian

Spread From
0.5 pips
0 pips
Commission
None
$0.18/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

City Index holds licences from FCA, ASIC, MAS. UOB Kay Hian is regulated by MAS, SFC.

Markets & Assets

Both brokers offer access to Forex, Stocks, Indices markets. City Index additionally covers Cfd, Commodities. UOB Kay Hian adds Etf.

Fees & Spreads

On spreads, UOB Kay Hian is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.

Trading Platforms

City Index supports Proprietary Web, Proprietary Mobile, MT4. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

City Index requires no minimum deposit, while UOB Kay Hian sets no minimum deposit. This makes City Index accessible to traders with any budget.

Overall Ratings

BrokerRank scores City Index at 4.06/5 and UOB Kay Hian at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.

BrokerRank Verdict

City Index is our recommended pick in this comparison, scoring 4.06/5 versus UOB Kay Hian's 3.31/5. City Index holds more tier-1 licences (FCA, ASIC, MAS), offering stronger regulatory protection. UOB Kay Hian has a fees advantage with 0.0 pip spreads. UOB Kay Hian is still a solid option for traders who prefer UOB Kay Hian's specific platform or market selection, but City Index offers a stronger overall package for the majority of traders.

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)
  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More regulatory licences (3)
UOB Kay Hian

UOB Kay Hian

3.6/5

Choose UOB Kay Hian if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1973)

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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4.0
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Both City Index & UOB Kay Hian are available in

Frequently Asked Questions

1

Is City Index better than UOB Kay Hian?

City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs UOB Kay Hian's 3.6/5. 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 UOB Kay Hian?

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

3

What is the minimum deposit for City Index vs UOB Kay Hian?

City Index requires a minimum deposit of $0. UOB Kay Hian requires $0.

4

Which broker is safer, City Index or UOB Kay Hian?

City Index is regulated by FCA, ASIC, MAS, while UOB Kay Hian holds licences from MAS, SFC.

5

What trading platforms do City Index and UOB Kay Hian support?

City Index supports Proprietary Web, Proprietary Mobile, MT4. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.

6

Can I use both City Index and UOB Kay Hian?

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

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