Forex.com vs City Index 2026: Which Broker is Better?
Choosing between Forex.com and City Index depends on your trading style, preferred markets, and budget. Forex.com is headquartered in Bedminster, USA, while City Index operates from London, UK. City Index has the longer track record, established in 1983, compared to Forex.com which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Forex.com
City Index
| Forex.com | City Index | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 4.1/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.8 pips | 0.5 pips ✓ |
| Max Leverage | 1:200 | 1:200 |
| Regulation | FCA, CFTC, ASIC ✓ | FCA, ASIC, MAS |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
Forex.com is the better choice overall, scoring 4.4/5 vs 4.1/5 on BrokerRank's independent rating. On fees, City Index offers lower spreads (0.5 pips).
See full side-by-side comparison belowForex.com vs City Index: Key Differences
Forex.com
City Index
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Fees Comparison
Forex.com
City Index
Lower feesRegulation & Trust
Forex.com holds licences from FCA, CFTC, ASIC. City Index is regulated by FCA, ASIC, MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, City Index is more competitive with EUR/USD spreads from 0.5 pips, compared to 0.8 pips at Forex.com.
Trading Platforms
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. City Index offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Web, Proprietary Mobile.
Minimum Deposit
Forex.com requires a minimum deposit of $100, while City Index sets no minimum deposit. This makes City Index accessible to traders with any budget.
Overall Ratings
BrokerRank scores Forex.com at 4.40/5 and City Index at 4.06/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Forex.com leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Forex.com
4.4/5
Choose Forex.com if you want…
- Higher overall rating (4.4/5)
- More regulatory licences (4)
- More market types (6)
- More platforms (4 supported)
City Index
4.1/5
Choose City Index if you want…
- Tighter spreads (from 0.5 pips)
- No minimum deposit
- More established (est. 1983)
Also consider
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.
Both Forex.com & City Index are available in
Frequently Asked Questions
1Is Forex.com better than City Index?
Forex.com scores higher overall on our independent rating system. Forex.com holds a 4.4/5 rating vs City Index's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Forex.com or City Index?
Forex.com offers spreads from 0.8 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Forex.com vs City Index?
Forex.com requires a minimum deposit of $100. City Index requires $0.
4Which broker is safer, Forex.com or City Index?
Forex.com is regulated by FCA, CFTC, ASIC, MAS, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do Forex.com and City Index support?
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Forex.com and City Index?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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