City Index vs InstaForex
By Akash · Facts re-checked (UTC)
Here is how City Index and InstaForex compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | InstaForex | |
|---|---|---|
| Regulators | FCA | CySEC, BVI FSC |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity) |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | – |
| Commission | None on MT4 except shares | None on Standard; Zero and Raw accounts from $0.5 per trade (global entity) |
| Max leverage | – | 1:30 for EU retail clients (Instant Trading EU Ltd); up to 1:1000 on the global site |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5, WebTrader, Mobile |
| Retail accounts losing money | 68% | 81.92% |
Full reviews: City Index review · InstaForex review
Frequently asked questions
What is the minimum deposit at City Index and InstaForex?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). InstaForex: $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity).
Are City Index and InstaForex regulated?
City Index: FCA. InstaForex: CySEC, BVI FSC.
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