City Index vs FXTM
By Akash · Facts re-checked (UTC)
Here is how City Index and FXTM compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | FXTM | |
|---|---|---|
| Regulators | FCA | FSC Mauritius, CMA Kenya |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | – |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | from 0.0 pips (Advantage account) |
| Commission | None on MT4 except shares | – |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · FXTM review
Frequently asked questions
Are City Index and FXTM regulated?
City Index: FCA. FXTM: FSC Mauritius, CMA Kenya.
Which has tighter spreads, City Index or FXTM?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and from 0.0 pips (Advantage account) at FXTM; commission: City Index None on MT4 except shares, FXTM none listed.
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