City Index
VT Markets
VS
Higher Rated
City Index
Capital at risk · T&Cs apply
Choosing between City Index and VT Markets depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while VT Markets operates from Sydney, Australia. City Index has the longer track record, established in 1983, compared to VT Markets which was founded in 2015. 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
VT Markets
| City Index | VT Markets | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
City Index is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, VT Markets offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index
WinnerVT Markets
City Index
VT Markets
City Index holds licences from FCA, ASIC, MAS. VT Markets is regulated by ASIC, CySEC.
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. City Index additionally covers Stocks. VT Markets adds Crypto.
On spreads, VT Markets 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. VT Markets offers MT4, MT5. Both brokers are available on MT4.
City Index requires no minimum deposit, while VT Markets sets a minimum deposit of $200. This makes City Index accessible to traders with any budget.
BrokerRank scores City Index at 4.06/5 and VT Markets at 3.35/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.
City Index
4.1/5
Choose City Index if you want…
VT Markets
3.4/5
Choose VT Markets if you want…
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs VT Markets'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 VT Markets starts at 0 pips. Check the fees section above for a full breakdown.
City Index requires a minimum deposit of $0. VT Markets requires $200.
City Index is regulated by FCA, ASIC, MAS, while VT Markets holds licences from ASIC, CySEC.
City Index supports Proprietary Web, Proprietary Mobile, MT4. VT Markets 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.