FXCM vs City Index 2026: Which Broker is Better?
Compare FXCM and City Index side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FXCM
City Index
| FXCM | City Index | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.1/5 ✓ |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0.2 pips ✓ | 0.5 pips |
| Max Leverage | 1:400 ✓ | 1:200 |
| Regulation | FCA, ASIC | FCA, ASIC, MAS ✓ |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
City Index is the better choice overall, scoring 4.1/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowFXCM vs City Index: Key Differences
FXCM
City Index
WinnerStill deciding between FXCM and City Index?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
FXCM
Lower feesCity Index
BrokerRank Verdict
FXCM scores 3.66/5 while City Index scores 4.06/5 in our independent rating.
City Index edges ahead overall, but FXCM may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
FXCM
3.7/5
Choose FXCM if you want…
- Tighter spreads (from 0.2 pips)
- Higher leverage (up to 1:400)
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- No minimum deposit
- More regulatory licences (3)
- More market types (5)
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 FXCM & City Index are available in
Frequently Asked Questions
1Is FXCM better than City Index?
City Index scores higher overall on our independent rating system. FXCM holds a 3.7/5 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, FXCM or City Index?
FXCM offers spreads from 0.2 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXCM vs City Index?
FXCM requires a minimum deposit of $50. City Index requires $0.
4Which broker is safer, FXCM or City Index?
FXCM is regulated by FCA, ASIC, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do FXCM and City Index support?
FXCM supports MT4, Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both FXCM 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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