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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

4.4	4.6
City Index is ranked #16 among CFD brokers.	FXCC is ranked #27 among CFD brokers.
Review	Review
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, established in 2010, provides affordable online trading. It operates under Comoros Union registration and CySEC regulation. The broker excels with its ECN trading, no minimum deposit requirement, and swift, under-five-minute account setup.
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.	Over the years, FXCC has expanded its offerings, incorporating MT5 into its platforms, adding hundreds of stocks and more cryptocurrencies, introducing a copy trading feature, and enhancing margin trading options. FXCC's ECN XL account caters to active traders, offering 0.0 spreads with no commission. It also meets our benchmark for execution speed. FXCC offers algo traders a competitive edge with free VPS for eligible users and the capability to create or purchase EAs on MetaTrader. Customer support remains reliant on human agents, delivering live chat responses in under three minutes during our tests. The knowledgeable representatives provide a refreshing alternative to the often frustrating AI chatbots more commonly used 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.	FXCC's offshore entity is regulated by MISA, not CySEC, and faces minimal oversight. It may lack protections such as investor compensation if the broker goes insolvent. Despite improvements to the economic calendar, FXCC provides limited market research, restricted to basic daily technical analysis and aggregated news. It lacks tools such as Autochartist and social sentiment data. FXCC imposes high withdrawal fees on numerous payment methods, such as $45 for bank transfers and a 2% charge on cryptocurrency transactions. This may reduce the returns for traders who frequently withdraw funds. While FXCC has expanded its market offerings to include US, European, and Asian stocks, its selection of metals and energies is limited, and soft commodities are absent.
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
Credit Card Debit Card Maestro Mastercard Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
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 enhances mobile trading with the MT4 app available on iPhone, iPad, and Android. It offers robust charting with 30 indicators, 9 timeframes, and 3 chart types, ideal for traders. Seamless trading through an FXCC ECN XL account involves only 3 straightforward steps. The app enables flexible trading across over 70 currency pairs and diverse global markets anytime, anywhere.
iOS App Rating
3.8	4.8
Android App Rating
3.1	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 ideal for copy traders acquainted with MetaTrader. Select traders using performance metrics like drawdowns and returns. Manage strategy providers' mirroring 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 provides a modest selection of CFDs in metals, energies, and indices, but boasts hundreds of equities and over two dozen cryptocurrencies. The ECN XL account imposes no constraints on CFD trading strategies. MetaTrader supports this with strong charting tools and risk management features, such as take profit and stop-loss orders.
Leverage
1:30	1:1000 (Exceeds FCA limits; high risk)
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 expanded its cryptocurrency offerings from fewer than 10 to over 30. There are no limitations on trading strategies, and Expert Advisors (EAs) are allowed. Trade digital currencies round the clock, commission-free, with leverage as high as 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
Review	Review
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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