CityIndex vs FXPrimus
City Index or FXPrimus – which is better for UK traders 2024? Compare City Index and FXPrimus in this detailed breakdown of their platforms, features and fees.
City Index | FXPrimus |
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City Index is ranked #11 among CFD brokers. | FXPrimus is ranked #64 among CFD brokers. |
City Index is an established and award-winning forex, CFD and spread betting broker with top-tier global regulation, including in the UK (FCA) and Australia (ASIC). With 30+ years in the industry, 13,500+ instruments and 24/5 customer support, City Index is a solid pick for aspiring traders. | FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage. |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | Yes |
Instruments | |
CFDs, Forex, Stocks, Options, Commodities, Bonds | CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $15 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, FCA, MAS | CYSEC, MIFID, ICF, FCA, BaFin, VFSC |
Mobile Apps | |
Yes | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
Margin Rate | |
2.5% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | Yes |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
Yes | Yes |
ECN Account | |
No | Yes |
DMA Account | |
Yes | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | 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 | |
Replicate the success of other traders via the cTrader platform or the FXPrimus MAM solution. Traders retain control over their capital and can get started in a few easy steps. | |
Social Trading | |
No | No |
Trade Signals | |
Smart Signals | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
£12 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Trade 5,000+ CFDs from a single account with no hidden fees and free live market data. The suite of markets is impressive vs alternatives, including access to shares, indices, commodities and bonds. | Trade CFDs on forex, stocks, metals, energies, cryptos and indices with high leverage up to 1:1000 on major currency pairs, 1:200 on metals, 1:100 on indices, 1:33 on stocks and energies, and 1:5 on cryptocurrencies. The range of 200+ instruments is not the biggest on the market, but the variety of asset classes provides flexible trading options for most traders. |
Leverage | |
1:30 (Retail), 1:50 (Accredited Investor), 1:200 (Sophisticated Investor), 1:300 (Wholesale Investor), 1:400 (Professional Trader). Varies with jurisdiction. | 1:1000 |
FTSE Spread | |
1 pt | From 0.1 |
GBPUSD Spread< | |
0.8 pips | From 0.1 |
Oil Spread | |
0.4 | From 0.1 |
Stocks Spread | |
Variable | Variable |
Forex | |
Trade a wide selection of 80+ currency pairs with spreads from 0.5 pips and industry-favorite platforms. City Index has 40+ years experience in forex trading with liquidity from tier-one banks. | Trade on 45+ majors, minors, crosses and exotics, with competitive pricing, ultra-fast execution and no requotes. Newer traders can access zero-commission trading. Experienced forex traders can operate with no trading restrictions and benefit from an ECN account and a VPS service. |
Assets | |
84 | 45 |
GBPUSD Spread | |
0.8 | From 0.1 |
EURUSD Spread | |
0.5 | From 0.1 |
EURGBP Spread | |
0.8 | From 0.1 |
Currency Indices | |
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Cryptocurrency | |
Go long or short on popular digital currencies with ultra-tight spreads and fast order executions. Leverage also allows traders to magnify their purchasing power. | Trade a small selection of CFDs on crypto tokens in USD pairs. While the selection of cryptocurrencies is very limited, the 1:5 maximum leverage is higher than many similar brokers, making this a decent option for forex traders to dip into if not for dedicated crypto traders. |
Spread | |
BTC 0.5%, ETH 1% | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
City Index | FXPrimus |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. | |
More Comparisons | |
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