Higher Rated
City Index
Capital at risk · T&Cs apply
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
City Index is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
City Index
4.1 vs 3.3
Lowest Fees
UOB Kay Hian
0.5 vs 0 pips
Regulation
City Index
3 vs 2 licences
Min. Deposit
Tied
$0 vs $0
City Index
WinnerUOB Kay Hian
City Index
UOB Kay Hian
City Index holds licences from FCA, ASIC, MAS. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Forex, Stocks, Indices markets. City Index additionally covers Cfd, Commodities. UOB Kay Hian adds Etf.
On spreads, UOB Kay Hian is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.
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.
City Index requires no minimum deposit, while UOB Kay Hian sets no minimum deposit. This makes City Index accessible to traders with any budget.
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.
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs UOB Kay Hian's 3.3/5. 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 UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. UOB Kay Hian requires $0.
City Index is regulated by FCA, ASIC, MAS, while UOB Kay Hian holds licences from MAS, SFC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
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.