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City Index vs Spreadex

City Index or Spreadex – which is better for UK traders 2025? Compare City Index and Spreadex in this detailed breakdown of their platforms, features and fees.

City Index vs Spreadex Comparison Table 2025
City Index	Spreadex

4.4	3.5
City Index is ranked #18 among CFD brokers.	Spreadex is ranked #26 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.	Spreadex, regulated by the FCA, provides spread betting across 10,000+ CFD instruments, including 60 forex pairs. Traders have the option to engage in short-term positions on sporting events as well. With a history exceeding 20 years, the company has earned numerous accolades.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.	Spreadex has added trading signals to its desktop platform, using Autochartist to deliver real-time, pattern-based insights. These insights assist traders in spotting potential opportunities. There is a superb selection of instruments and trading vehicles for short-term traders. Spreadex offers UK traders the chance to earn tax-free profits via spread betting. A unique broker offering access to low market cap stocks on the AIM. There are appealing new account promotions, such as double the odds and matched betting offers. Traders can place wagers on sporting events directly through their brokerage accounts. The broker provides a user-friendly custom charting platform and mobile application.
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.	The absence of a demo account may dishearten potential clients wishing to evaluate Spreadex's offerings. Limited customer support may lead to delays in resolving issues. The proprietary terminal does not offer the detailed charting capabilities found in platforms such as MT4 and MT5. There is no support for expert advisors or trading bots. Third-party e-wallets are not permitted.
Awards
Best CFD Provider 2024 - ADVFN International Financial Awards Best Trading Platform 2022 - Online Money Awards	Best Spread Betting Provider - 2020 COLWMA Awards Best Mobile Trading Platform - 2020 ADVFN Awards Best Trading Alerts System - 2020 ADVFN Awards Best Spread Betting Provider - 2019 GMG Awards
FCA Regulated
Yes	Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting	Forex, CFDs, Indices, Commodities, Stocks, Crypto, Bonds, Interest Rates, ETFs, Options, Spread Betting
Demo Account
Yes	No
Minimum Deposit
$0	£0
Payment Methods
Credit Cards Debit Card Maestro Mastercard Visa Wire Transfer	Cheque Credit Cards Debit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£0.01
Regulator
FCA, ASIC, CySEC, MAS	FCA
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.	Spreadex offers a top-notch mobile trading app for iOS and Android. It includes advanced charts ranging from 1 tick to 1 month, with over 10 years of historical data. Setting price alerts via the bell icon beside each asset is straightforward, ensuring crucial opportunities aren't missed. Nonetheless, features like the economic calendar and market updates are less integrated as they open in an external browser, slightly detracting from the mobile trading experience.
iOS App Rating
3.8	4.5
Android App Rating
3.1	4.5
Margin Trading
No	Yes
Margin Rate
2.5%
MetaTrader 4
Yes	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
No	Yes
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
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	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
SMART Signals	Autochartist
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	Yes
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
£12	£0
Islamic Account
No	No
Account Currencies
USD EUR GBP AUD PLN CZK	USD EUR GBP CAD CHF
Commodities
Gold Oil Silver Copper Livestock Platinum Natural Gas Soybeans Nickel Iron Orange Juice Cannabis Palladium Coffee Cotton Lean Hogs Sugar Wheat	Oil Gold Cocoa Silver Coffee Copper Cotton Platinum Natural Gas
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.	Trade CFDs on Spreadex's extensive range of instruments, offering leverage up to 1:30 and competitive spreads. Although spread betting is their unique selling point, the favourable trading conditions and broad market selection make them an excellent option for CFD trading as well.
Leverage
1:30	1:30
FTSE Spread
1.0	1.0
GBPUSD Spread<
1.1	0.9
Oil Spread
1.5	2.8
Stocks Spread
Variable	0.15%
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.	Engage in trading across over 60 forex pairs with zero commission and highly competitive spreads starting at 0.6 on major pairs like EUR/USD. This offers a robust selection and excellent pricing for commission-free trades, significantly undercutting industry norms.
Assets
84	60+
GBPUSD Spread
1.1	0.9
EURUSD Spread
0.8	0.6
EURGBP Spread
1.0	0.9
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.	Spreadex provides spread betting on cryptocurrencies such as Bitcoin, Bitcoin Cash, Ether, Litecoin, and Ripple, paired with USD. Traders can engage in leveraged trading of these digital assets via derivative contracts, without the need to own them.
Spread
0.5% (BTC)	1 - 140 pips
Coins
BTC BCH ETH LTC XRP	BCH BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

City Index	Spreadex
Review	Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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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