City Index vs FXCC

City Index or FXCC – which is better for UK traders 2026? Compare City Index and FXCC in this detailed breakdown of their platforms, features and fees.

City Index vs FXCC Comparison Table 2026
City Index FXCC
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4.4
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4.6
City Index is ranked #16 among CFD brokers. FXCC is ranked #28 among CFD brokers.
Founded in 1983, City Index is a prestigious broker, now under the Nasdaq-listed StoneX Group. It excels in forex, CFDs, and spread betting. With access to over 13,500 instruments, City Index provides a dynamic Web Trader platform, exceptional educational materials, and round-the-clock support five days a week, ensuring a thorough trading experience. FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Comoros Union and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • City Index is under the regulation of leading authorities, such as the FCA in the UK, ASIC in Australia, and MAS in Singapore. Its parent company, StoneX Group Inc., is publicly listed, which enhances its credibility.
  • City Index has significantly improved the trading experience. In 2024, they introduced Performance Analytics, providing insights into trades and discipline. The revamped mobile app now includes integrated market research and swipe-access news.
  • City Index offers access to over 13,500 markets, including forex, indices, shares, commodities, bonds, ETFs, and interest rates. The platform's inclusion of niche markets such as interest rates provides traders with unique opportunities not commonly available on other platforms.
  • City Index offers adaptable trading platforms suited to every expertise level. For newcomers, the Web Trader platform is straightforward and user-friendly. For more in-depth analysis and automated features, MetaTrader 4 (MT4) and TradingView are supported, providing a comprehensive trading experience for all traders.
  • FXCC has stepped up its offering over the years, adding MT5 to its suite of platforms, hundreds of stocks and more cryptos to its product line-up, plus a copy trading feature and greater margin trading opportunities.
  • FXCC’s ECN XL account has been built with active traders in mind, featuring spreads from 0.0 with no commission, while also passing our execution speed benchmark for traders.
  • The free VPS for qualifying traders and the ability to build or buy EAs on MetaTrader make FXCC a strong option for algo traders.
  • Customer support still relies on human agents with response times of under three minutes on live chat during our tests and knowledgeable reps - a welcome break from the frustrating AI chatbots increasingly offered by brokers.
Cons
  • Although many brokers, such as eToro, have broadened their crypto offerings, City Index restricts its clients to crypto CFDs. This limited selection may not meet the needs of traders seeking a wider variety of altcoins.
  • Unlike brokers like AvaTrade and BlackBull, City Index lacks options for passive trading, such as social copy trading or real ownership of stocks and ETFs. This limitation may reduce its appeal to traders seeking a more hands-off approach.
  • City Index does not offer an Islamic account with swap-free conditions, making it less attractive to Muslim traders than brokers such as Eightcap and Pepperstone.
  • Although regulated by the CySEC, FXCC’s offshore entity operates with weak regulatory oversight from MISA and may not provide safeguards like investor compensation in the event of broker insolvency.
  • Although the economic calendar has benefited from a facelift, FXCC still offers very little in terms of market research beyond basic daily technical analysis and aggregated market news, with no tools like Autochartist or social sentiment data.
  • FXCC charges steep withdrawal fees on many of its payment methods, including $45 for bank transfers and 2% crypto transfers, which may cut into the returns of traders making regular withdrawals.
  • Although FXCC has bolstered its range of markets with US, European and Asian stocks, the choice of metals and energies is light, and there are no soft commodities.
Awards
  • Best CFD Provider 2024 - ADVFN International Financial Awards
  • Best Trading Platform 2022 - Online Money Awards
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, MAS CySEC, MISA
Mobile Apps
iOS & Android iOS & Android
Trading App
The City Index app delivers an accessible mobile trading experience with customised features such as one-swipe trading. Impressively, it includes full-screen TradingView charts with over 60 technical indicators for strategy planning, complemented by real-time price alerts. In 2024, Performance Analytics tools were launched, offering insights into trading metrics to enhance your strategies. FXCC elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types. It's incredibly easy to dive into trading on the MT4 app through an FXCC ECN XL account, with just 3 simple steps. The app offers the flexibility to trade a great selection of over 70 currency pairs and other global markets on the go.
iOS App Rating
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3.8
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4.8
Android App Rating
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3.1
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4.4
Margin Trading
No Yes
Margin Rate
2.5%
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
FXCC is a great fit for copy traders who are familiar with MetaTrader. You can choose traders based on performance details such drawdowns and returns, while keeping some control over how you mirror strategy providers, such as proportionally by account balance or equity.
Social Trading
No No
Trade Signals
SMART Signals
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
£12 $5
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
Commodities
  • Gold
  • Oil
  • Silver
  • Copper
  • Livestock
  • Platinum
  • Natural Gas
  • Soybeans
  • Nickel
  • Iron
  • Orange Juice
  • Cannabis
  • Palladium
  • Coffee
  • Cotton
  • Lean Hogs
  • Sugar
  • Wheat
  • Gold
  • Silver
  • Precious Metals
  • Platinum
  • Palladium
  • Oil
CFD
City Index offers a comprehensive range of CFDs, enabling traders to seize short-term opportunities across various assets, sectors, and regions. Its 'Trade Ideas' platform is particularly beneficial for active traders seeking data-driven insights. Additionally, the Web Trader platform features advanced charting tools with over 90 technical indicators. FXCC offers a range of CFDs beyond forex with a modest selection of metals, energies, indices, but hundreds of equities and more than two dozen cryptos. The ECN XL account has no restrictions on CFD trading strategies and MetaTrader offers robust charting tools and risk management, including take profit and stop loss orders.
Leverage
1:30 1:1000
FTSE Spread
1.0 1.10
GBPUSD Spread<
1.1 0.4
Oil Spread
1.5 0.035
Stocks Spread
Variable 0.17 (Apple)
Forex
City Index is a highly respected forex broker, offering traders access to over 80 currency pairs. With tight spreads starting at 0.7 pips, it provides valuable trading alerts and excellent FX market insights. Moreover, 99.99% of trades are executed successfully. FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading.
Assets
84 70+
GBPUSD Spread
1.1 0.4
EURUSD Spread
0.8 0.1
EURGBP Spread
1.0 0.4
Currency Indices
  • USD
Cryptocurrency
City Index provides a select range of crypto CFDs, such as Bitcoin, Ethereum, and Ripple. However, it distinguishes itself with insightful market analysis and comprehensive news on significant market movements, all supported by a user-friendly web platform. FXCC has ramped up its range of cryptocurrencies for trading, going from under 10 to more than 30. There are no restrictions on crypto trading strategies with Expert Advisors (EAs) permitted. Digital currencies can be traded 24/7 with no commission and leverage up to 1:20.
Spread
0.5% (BTC) Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XMR
  • DASH
  • XRP
  • ALG
  • ATO
  • AVE
  • AVX
  • AXS
  • BNB
  • BSV
  • CKE
  • DOT
  • ENJ
  • FTM
  • LNK
  • MEL
  • MNA
  • MTC
  • SHB
  • SND
  • SNX
  • SOL
  • TRP
  • UNI
  • WAV
  • XTZ
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
City Index FXCC
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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