FXTM
City Index
Our Rating
62
66
77% of retail investor accounts lose money when trading CFDs with this provider
71% of retail CFD accounts lose money

Regulations and Licenses

Feature
FXTM
City Index
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FSCA (South Africa)
CYSEC (Cyprus)
FSC (Mauritius)
Other Regulators

Brokerage

Feature
FXTM
City Index
EUR/USD Avg. Raw Spread
0.0
0.07
GBP/USD Avg. Raw Spread
0.0
0.011
AUD/USD Avg. Raw Spread
0.5
0.8
EUR/USD Standard Spread
1.9
0.70
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
2
1.1
AUD/USD Avg. Standard Spread
2
2.2
Commissions (USD Base)
$2.00
$2.50
Minimum Deposit
$500
$150
Swap Free Account
No Inactivity Fees
Funding Methods
13+
6+
No Funding Fees

Markets and Instruments

Feature
FXTM
City Index
Currency Pairs
63+
84+
Cryptocurrency CFDs*
-
25+
Index CFDs
11+
21+
Share CFDs
180+
4500+
Commodities CFD
7+
46+
Stockbroking
10+
-
Retail Max Leverage (Australia)
30:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
300:1
400:1
Retail Max. Leverage (United Kingdom)
30:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
300:1
400:1
Retail Max. Leverage (Europe)
30:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
300:1
400:1
Retail Max. Leverage (UAE)
30:1
-
Pro. Max. Leverage (UAE)
300:1
-
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
FXTM
City Index
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FXTM
City Index
Our Rating
620
660

 

 

How Do City Index Vs FXTM Compare?

Our comprehensive comparison covers the 10 most crucial trading factors to consider when choosing between FXTM and City Index.

  • FXTM offers more competitive spreads on standard accounts compared to City Index.
  • City Index has a slight edge with more competitive RAW account spreads.
  • FXTM charges lower commissions on RAW accounts, making it more cost-effective.
  • Both brokers provide similar conditions for deposits and withdrawals, resulting in a tie.
  • FXTM imposes a lower inactivity fee, which can be beneficial for less active traders.