City Index vs ThinkMarkets
By Akash · Facts re-checked (UTC)
Here is how City Index and ThinkMarkets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | ThinkMarkets | |
|---|---|---|
| Regulators | FCA | FCA, ASIC, CySEC, FSCA |
| 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) | 0.0 pips (ThinkZero); 0.4 pips (Standard) |
| Commission | None on MT4 except shares | ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView (ThinkTrader accounts only) |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · ThinkMarkets review
Frequently asked questions
Are City Index and ThinkMarkets regulated?
City Index: FCA. ThinkMarkets: FCA, ASIC, CySEC, FSCA.
Which has tighter spreads, City Index or ThinkMarkets?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.0 pips (ThinkZero); 0.4 pips (Standard) at ThinkMarkets; commission: City Index None on MT4 except shares, ThinkMarkets ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none.
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