Interactive Brokers
City Index
VS
Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
Choosing between Interactive Brokers and City Index depends on your trading style, preferred markets, and budget. Interactive Brokers is headquartered in Greenwich, USA, while City Index operates from London, UK. Interactive Brokers has the longer track record, established in 1978, 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.
Interactive Brokers
City Index
| Interactive Brokers | City Index | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 4.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips ✓ | 0.5 pips |
| Max Leverage | 1:4 | 1:200 ✓ |
| Regulation | SEC, CFTC, FCA ✓ | FCA, ASIC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 4.1/5 on BrokerRank's independent rating. On fees, Interactive Brokers offers lower spreads (0.2 pips).
See full side-by-side comparison belowInteractive Brokers
WinnerCity Index
Interactive Brokers
City Index
Interactive Brokers holds licences from SEC, CFTC, FCA. City Index is regulated by FCA, ASIC, MAS.
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
On spreads, Interactive Brokers is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.5 pips at City Index.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. City Index offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on Proprietary Web, Proprietary Mobile.
Interactive Brokers requires no minimum deposit, while City Index sets no minimum deposit. This makes Interactive Brokers accessible to traders with any budget.
BrokerRank scores Interactive Brokers at 4.43/5 and City Index at 4.06/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Interactive Brokers leads overall with a clear advantage.
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
City Index
4.1/5
Choose City Index if you want…
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 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.
Interactive Brokers offers spreads from 0.2 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
Interactive Brokers requires a minimum deposit of $0. City Index requires $0.
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while City Index holds licences from FCA, ASIC, MAS.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. 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.