City Index vs FBS 2026
By Akash · Facts re-checked (UTC)
Here is how City Index and FBS compare on regulation, costs and platforms.
City Index is a trading name of StoneX Financial Ltd, regulated by the FCA (446717), offering spread bets and CFDs on its Web Trader with TradingView charts and MT4.
68% of retail CFD accounts lose money with this provider.
FBS is a forex and CFD broker operated by FBS Markets Inc. under the Financial Services Commission of Belize, offering MetaTrader 4, MetaTrader 5 and the FBS app with a $5 minimum deposit.
Side by side
| City Index | FBS | |
|---|---|---|
| Regulators | FCA | FSC (Belize) |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | $5 |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | 0.7 pips (Standard account) |
| Commission | None on MT4 except shares | – |
| Max leverage | – | 1:3000 on forex (FBS Markets Inc., Belize) |
| Platforms | ||
| Retail accounts losing money | 68% | – |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: City Index review · FBS review.
Frequently asked questions
What is the minimum deposit at City Index and FBS?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). FBS: $5.
Are City Index and FBS regulated?
City Index: FCA. FBS: FSC (Belize).
Which has tighter spreads, City Index or FBS?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.7 pips (Standard account) at FBS; commission: City Index None on MT4 except shares, FBS none listed.
More City Index comparisons
More FBS comparisons
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 the full risk warning