Broker comparison

City Index vs.
FXCM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

City Index has a higher rating of 4.1/5 compared to FXCM (4/5). City Index offers 6 instrument types, while FXCM offers 5. The minimum deposit is lower at FXCM with 50 €. City Index has been in the market since 1983, making it the more experienced provider. On spreads, City Index offers EUR/USD from 0.5 pip (typical), while FXCM offers EUR/USD from 1.3 pip (Standard), 0.2 pip (Active Trader) + commission.

Established CFD broker with over 40 years of market presence

Established forex broker with Trading Station and API access

At a glance

The key differences

Criterion
PlatformsCity Index Web Trader, MT4, City Index AppTrading Station, MT4, TradingView, FXCM API
Product typesCFDs, Forex, Indices, Commodities, Stocks CFDs, CryptoForex, CFDs, Indices, Commodities, Crypto
Options tradingNo, CFDs and spread bettingNo, forex and CFD trading
Fee modelSpreads from 0.5 pip on forex, no commission on standard accountSpreads from 0.2 pip on Active Trader, from 1.3 pip Standard
Minimum deposit150 €50 €
RegulationFCAFCA
More informationDetailsDetails

Platforms

City Index

City Index Web Trader, MT4, City Index App

FXCM

Trading Station, MT4, TradingView, FXCM API

Product types

City Index

CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto

FXCM

Forex, CFDs, Indices, Commodities, Crypto

Options trading

City Index

No, CFDs and spread betting

FXCM

No, forex and CFD trading

Fee model

City Index

Spreads from 0.5 pip on forex, no commission on standard account

FXCM

Spreads from 0.2 pip on Active Trader, from 1.3 pip Standard

Minimum deposit

City Index

150 €

FXCM

50 €

Regulation

City Index

FCA

FXCM

FCA

More information

City Index

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Spreads from 0.5 pip on forex, no commission on standard account

Published fee
Spreads from 0.5 pip on forex, no commission on standard account
Minimum deposit
150 €
Inactivity
$15/month after 12 months of inactivity
See terms at provider

Spreads from 0.2 pip on Active Trader, from 1.3 pip Standard

Published fee
Spreads from 0.2 pip on Active Trader, from 1.3 pip Standard
Minimum deposit
50 €
Inactivity
$50/year after 12 months of inactivity
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

CFDsForexIndicesCommoditiesStocks CFDsCrypto
ForexCFDsIndicesCommoditiesCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

City Index Web Trader · MT4 · City Index App

City Index offers three trading platforms: The proprietary Web Trader is a browser-based platform with advanced charting, technical indicators, market analysis, and integrated research tools. MT4 is available for traders who prefer automated trading with Expert Advisors. The City Index App enables full-featured mobile trading with real-time quotes, push notifications, and order placement on the go.

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Trading Station · MT4 · TradingView · FXCM API

FXCM offers Trading Station, MT4, TradingView, and the FXCM API as trading platforms. Trading Station is the main platform with advanced charting, over 60 indicators, backtesting, and strategy development. MT4 is available for automated trading with Expert Advisors. TradingView provides a social charting environment. The FXCM API enables the development of customized trading systems and algorithmic strategies. All platforms are also available as mobile versions.

Explore platform

Regulation & security

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Established CFD broker with over 40 years of market presence

  • Long-standing experience since 1983
  • Tight spreads from 0.5 pip
  • FCA-regulated
  • No BaFin regulation
  • Minimum deposit €150

Established forex broker with Trading Station and API access

  • Proprietary Trading Station platform
  • API access for algorithmic trading
  • Low minimum deposit
  • Limited product range
  • No BaFin regulation

Find the broker that fits

City Index oder FXCM?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between City Index and FXCM?
City Index: Spreads from 0.5 pip on forex, no commission on standard account. FXCM: Spreads from 0.2 pip on Active Trader, from 1.3 pip Standard. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: City Index or FXCM?
City Index offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto. FXCM offers Forex, CFDs, Indices, Commodities, Crypto.
How are City Index and FXCM regulated?
The broker profiles list FCA for City Index and FCA for FXCM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is City Index or FXCM better for beginners?
City Index lists a 150 € minimum deposit and offers City Index Web Trader, MT4, City Index App. FXCM lists 50 € and offers Trading Station, MT4, TradingView, FXCM API. Compare usability, available products and costs for your intended use.
City Index vs FXCM: Which broker is better overall?
The choice between City Index (4.1/5, 800 reviews) and FXCM (4/5, 980 reviews) depends on your needs. City Index: Established CFD broker with over 40 years of market presence. FXCM: Established forex broker with Trading Station and API access.
How do spreads compare between City Index and FXCM?
City Index offers typical spreads of EUR/USD from 0.5 pip (typical). FXCM offers EUR/USD from 1.3 pip (Standard), 0.2 pip (Active Trader) + commission. Tighter spreads reduce trading costs especially for active trading.
Do City Index or FXCM charge an inactivity fee?
City Index: $15/month after 12 months of inactivity. FXCM: $50/year after 12 months of inactivity.

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