Kraken vs City Index 2026: Which Broker is Better?
Compare Kraken and City Index side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Kraken
City Index
| Kraken | City Index | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 4.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips ✓ | 0.5 pips |
| Max Leverage | 1:5 | 1:200 ✓ |
| Regulation | FCA, CFTC | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Kraken is the better choice overall, scoring 4.3/5 vs 4.1/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowKraken vs City Index: Key Differences
Kraken
City Index
Still deciding between Kraken and City Index?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Kraken
City Index
Lower feesBrokerRank Verdict
Kraken scores 4.35/5 while City Index scores 4.06/5 in our independent rating.
Kraken edges ahead overall, but City Index 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?
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- Tighter spreads (from 0.2 pips)
City Index
4.1/5
Choose City Index if you want…
- No per-trade commission
- Higher leverage (up to 1:200)
- More regulatory licences (3)
- More market types (5)
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 Kraken & City Index are available in
Frequently Asked Questions
1Is Kraken better than City Index?
Kraken scores higher overall on our independent rating system. Kraken 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, Kraken or City Index?
Kraken offers spreads from 0.2 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Kraken vs City Index?
Kraken requires a minimum deposit of $0. City Index requires $0.
4Which broker is safer, Kraken or City Index?
Kraken is regulated by FCA, CFTC, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do Kraken and City Index support?
Kraken supports Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Kraken 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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