City Index
Forex.com
Our Rating
66
61
71% of retail CFD accounts lose money
72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
City Index
Forex.com
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
CIMA (Cayman Islands)

Brokerage

Feature
City Index
Forex.com
EUR/USD Avg. Raw Spread
0.07
-
GBP/USD Avg. Raw Spread
0.011
-
AUD/USD Avg. Raw Spread
0.8
-
EUR/USD Standard Spread
0.70
1.2
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.1
1.6
AUD/USD Avg. Standard Spread
2.2
1.4
Commissions (USD Base)
$2.50
$6.00
Minimum Deposit
$150
$100
Swap Free Account
No Inactivity Fees
Funding Methods
6+
4+
No Funding Fees

Markets and Instruments

Feature
City Index
Forex.com
Currency Pairs
84+
80+
Cryptocurrency CFDs*
25+
8+
Index CFDs
21+
15+ (Standard Account)
Share CFDs
4500+
220+ (Standard Account)
Commodities CFD
46+
26+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
400:1
-
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
400:1
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
400:1
400:1
Retail Max. Leverage (USA)
-
Spot 50:1
Futures 6.25:1
Retail Max. Leverage (Canada)
-
Major Pairs 33:1
Minor Pairs 17:1
Retail Max. Leverage (Singapore)
Major Pairs 20:1
Minor Pairs 10:1
-
Pro. Max. Leverage (Singapore)
50:1
-
Professional Leverage
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
City Index
Forex.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

City Index
Forex.com
Our Rating
660
610
 

How Do FOREX.com vs City Index Compare?

Our full comparison dives into the 10 most crucial trading factors, but here are five quick hits to get you started:

  • City Index offers a lower EUR/USD spread of 0.7 compared to FOREX.com’s 1.2.
  • Both brokers charge commission, but the rates vary depending on account type and trading volume.
  • City Index and FOREX.com both have inactivity fees, overnight financing charges, and currency conversion fees.
  • City Index appears to be the cheaper option for most forex pairs based on average spreads.
  • FOREX.com has slightly lower overall trading costs, making it the winner in this category.