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Side-by-Side Comparison Independent Updated Oct 25, 2026

FXTM vs City Index 2026: Which Broker is Better?

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

FXTM

City Index

VS
FXTMCity Index
BrokerRank Score3.6/54.1/5 ✓
Min. Deposit$10$0 ✓
Spread from0.1 pips ✓0.5 pips
Max Leverage1:2000 ✓1:200
RegulationFCA, CySEC, FSCAFCA, ASIC, MAS
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexFXTM
Best for Low Fees
FXTMCity Index
Best for Regulation
FXTMCity Index
Best Overall
City IndexFXTM
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).

See full side-by-side comparison below

FXTM vs City Index: Key Differences

Feature

FXTM

City Index

Winner
Our Rating
3.6 / 5
4.1 / 5
Min. Deposit
$10
$0
Max Leverage
Spread From
0.1 pips
0.5 pips
Commission
$0.5/lot
None
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile, MT4
Markets
Forex, Cfd, Stocks, Indices, Commodities
Cfd, Forex, Stocks, Indices, Commodities
Founded
2011
1983
Headquarters
Limassol, Cyprus
London, UK
Score
1 / 5
4 / 5

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Fees Comparison

Fee

FXTM

City Index

Spread From
0.1 pips
0.5 pips
Commission
$0.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FXTM scores 3.59/5 while City Index scores 4.06/5 in our independent rating.

City Index edges ahead overall, but FXTM 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?

FXTM

FXTM

3.6/5

Choose FXTM if you want…

  • Tighter spreads (from 0.1 pips)
  • Higher leverage (up to 1:2000)
City Index

City Index

4.1/5

Top pick

Choose City Index if you want…

  • Higher overall rating (4.1/5)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 1983)

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
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#3AvaTrade logo
AvaTrade
4.0
MAS
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#4Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

#6XM logo
XM
3.9
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Both FXTM & City Index are available in

Frequently Asked Questions

1

Is FXTM better than City Index?

City Index scores higher overall on our independent rating system. FXTM holds a 3.6/5 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, FXTM or City Index?

FXTM offers spreads from 0.1 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 FXTM vs City Index?

FXTM requires a minimum deposit of $10. City Index requires $0.

4

Which broker is safer, FXTM or City Index?

FXTM is regulated by FCA, CySEC, FSCA, while City Index holds licences from FCA, ASIC, MAS.

5

What trading platforms do FXTM and City Index support?

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

6

Can I use both FXTM 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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