IG Group
City Index
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
Choosing between IG Group and City Index depends on your trading style, preferred markets, and budget. IG Group is headquartered in London, UK. IG Group has the longer track record, established in 1974, compared to City Index which was founded in 1983. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IG Group
City Index
| IG Group | City Index | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 4.1/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0.5 pips ✓ |
| Max Leverage | 1:200 | 1:200 |
| Regulation | FCA, ASIC, MAS ✓ | FCA, ASIC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 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 belowIG Group
City Index
IG Group
City Index
Lower feesIG Group holds licences from FCA, ASIC, MAS. City Index is regulated by FCA, ASIC, MAS.
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
On spreads, City Index is more competitive with EUR/USD spreads from 0.5 pips, compared to 0.6 pips at IG Group.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. City Index offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on Proprietary Web, Proprietary Mobile, MT4.
IG Group requires a minimum deposit of $250, while City Index sets no minimum deposit. This makes City Index accessible to traders with any budget.
BrokerRank scores IG Group at 4.33/5 and City Index at 4.06/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IG Group leads overall with a clear advantage.
IG Group
4.3/5
Choose IG Group if you want…
City Index
4.1/5
Choose City Index if you want…
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 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.
IG Group offers spreads from 0.6 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
IG Group requires a minimum deposit of $250. City Index requires $0.
IG Group is regulated by FCA, ASIC, MAS, SEC, while City Index holds licences from FCA, ASIC, MAS.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. City Index supports Proprietary Web, Proprietary Mobile, MT4.
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.