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Side-by-Side Comparison Independent Updated Oct 29, 2026

FxPesa vs City Index 2026: Which Broker is Better?

Compare FxPesa and City Index side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FxPesa

City Index

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
FxPesaCity Index
BrokerRank Score3.3/54.1/5 ✓
Min. Deposit$5$0 ✓
Spread from0.6 pips0.5 pips ✓
Max Leverage1:400 ✓1:200
RegulationCMAFCA, ASIC, MAS ✓
PlatformsMT5, Proprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexFxPesa
Best for Low Fees
City IndexFxPesa
Best for Regulation
City IndexFxPesa
Best Overall
City IndexFxPesa
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, City Index offers lower spreads (0.5 pips).

See full side-by-side comparison below

FxPesa vs City Index: Key Differences

Feature

FxPesa

City Index

Winner
Our Rating
3.3 / 5
4.1 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.6 pips
0.5 pips
Commission
None
None
Regulated By
CMA
Platforms
MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Forex, Cfd, Indices, Commodities, Crypto
Cfd, Forex, Stocks, Indices, Commodities
Founded
2019
1983
Headquarters
Nairobi, Kenya
London, UK
Score
0 / 4
4 / 4

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Fees Comparison

Fee

FxPesa

City Index

Lower fees
Spread From
0.6 pips
0.5 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FxPesa scores 3.33/5 while City Index scores 4.06/5 in our independent rating.

City Index edges ahead overall, but FxPesa 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?

FxPesa

FxPesa

3.3/5

Choose FxPesa if you want…

  • Higher leverage (up to 1:400)
City Index

City Index

4.1/5

Top pick

Choose City Index if you want…

  • Higher overall rating (4.1/5)
  • Tighter spreads (from 0.5 pips)
  • No minimum deposit
  • More regulatory licences (3)

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.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both FxPesa & City Index are available in

Frequently Asked Questions

1

Is FxPesa better than City Index?

City Index scores higher overall on our independent rating system. FxPesa holds a 3.3/5 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.

2

Which has lower fees, FxPesa or City Index?

FxPesa offers spreads from 0.6 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FxPesa vs City Index?

FxPesa requires a minimum deposit of $5. City Index requires $0.

4

Which broker is safer, FxPesa or City Index?

FxPesa is regulated by CMA, while City Index holds licences from FCA, ASIC, MAS.

5

What trading platforms do FxPesa and City Index support?

FxPesa supports MT5, Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both FxPesa 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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