IG Group vs City Index 2026: Which Broker is Better?
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 vs City Index: Key Differences
IG Group
City Index
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Fees Comparison
IG Group
City Index
Lower feesRegulation & Trust
IG Group holds licences from FCA, ASIC, MAS. City Index is regulated by FCA, ASIC, MAS.
Markets & Assets
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, City Index is more competitive with EUR/USD spreads from 0.5 pips, compared to 0.6 pips at IG Group.
Trading Platforms
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.
Minimum Deposit
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.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- More regulatory licences (4)
- More market types (6)
- More established (est. 1974)
City Index
4.1/5
Choose City Index if you want…
- Tighter spreads (from 0.5 pips)
- No minimum deposit
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 IG Group & City Index are available in
Frequently Asked Questions
1Is IG Group better than City Index?
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.
2Which has lower fees, IG Group or City Index?
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.
3What is the minimum deposit for IG Group vs City Index?
IG Group requires a minimum deposit of $250. City Index requires $0.
4Which broker is safer, IG Group or City Index?
IG Group is regulated by FCA, ASIC, MAS, SEC, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do IG Group and City Index support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both IG Group 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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