City Index vs Eightcap
By Akash · Facts re-checked (UTC)
Here is how City Index and Eightcap compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | Eightcap | |
|---|---|---|
| Regulators | FCA | ASIC, FCA, CySEC, SCB |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | $100 or equivalent |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | 0.0 pips (Raw); 1.0 pips (Standard) |
| Commission | None on MT4 except shares | Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5, TradingView, TradeLocker |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · Eightcap review
Frequently asked questions
What is the minimum deposit at City Index and Eightcap?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). Eightcap: $100 or equivalent.
Are City Index and Eightcap regulated?
City Index: FCA. Eightcap: ASIC, FCA, CySEC, SCB.
Which has tighter spreads, City Index or Eightcap?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.0 pips (Raw); 1.0 pips (Standard) at Eightcap; commission: City Index None on MT4 except shares, Eightcap Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more