City Index vs IG 2026
By Akash · Facts re-checked (UTC)
Here is how City Index and IG 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.
IG Markets Ltd is authorised and regulated by the FCA (FRN 195355) and offers CFDs and spread bets on its own platform plus MT4, MT5, TradingView and ProRealTime.
70% of retail CFD accounts lose money with this provider.
Side by side
| City Index | IG | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | No minimum balance to open an account |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | 0.6 pips EUR/USD (MT4, UK) |
| Commission | None on MT4 except shares | Commission-free on MT4 forex |
| Max leverage | – | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) |
| Platforms | IG web platformIG app | |
| Retail accounts losing money | 68% | 70% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: City Index review · IG review.
Frequently asked questions
What is the minimum deposit at City Index and IG?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). IG: No minimum balance to open an account.
Are City Index and IG regulated?
City Index: FCA. IG: FCA.
Which has tighter spreads, City Index or IG?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.6 pips EUR/USD (MT4, UK) at IG; commission: City Index None on MT4 except shares, IG Commission-free on MT4 forex.
More City Index comparisons
More IG 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