No broker is perfect, and City Index is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to City Index:

Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best City Index alternatives.

Top alternative : XTB

A popular alternative to City Index is XTB, a brokerage regulated by Financial Conduct Authority, KNF, and CMB. and over 16 years in business. Another strong alternative is AvaTrade, which is regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI.

Here are some of the key reasons why traders choose XTB and AvaTrade over City Index:

City Index XTB AvaTrade
Trust Score AAA AAA AAA
Regulator Financial Conduct Authority, ASiC and MAS Financial Conduct Authority Central Bank of Ireland, ASiC, FSA, FSB and BVI
Min. Deposit 100 250 250
Min. Trade 1 Lot 0.01 Lot 0.01 Lot
Platforms MT4, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

If you want to read more about XTB, we’ve put together an in-depth XTB review that explores their platform, spreads, and trading conditions in more detail.

Visit XTB

If XTB isn’t quite right, we’ve also listed ten suitable City Index alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.

Risk warning: CFDs are leveraged products and 73% of retail traders lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Spread Comparison for the 10 City Index Alternatives

XTB screenshot
Why choose XTB
  • Over 16 years in business
  • Regulated by Financial Conduct Authority, KNF, and CMB.
Spreads Support Reputation
V. Good
96
Good
AAA
Good
Visit XTB

Losses can exceed deposits. Your capital is at risk.

AvaTrade screenshot
Why choose AvaTrade
  • Over 12 years in business
  • Regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI
Spreads Support Reputation
V. Good
98
V. Good
AAA
V. Good
Visit AvaTrade

Losses can exceed deposits. Your capital is at risk.

eToro screenshot
Why choose eToro
  • Over 12 years in business
  • Regulated by Financial Conduct Authority, CySEC
Spreads Support Reputation
V. Good
92
V. Good
AAA
V. Good
Visit eToro

Losses can exceed deposits. Your capital is at risk.

Plus500 screenshot
Why choose Plus500
  • Over 10 years in business
  • Regulated by Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14)
Spreads Support Reputation
V. Good
98
V. Good
AAA
Good
Visit Plus500

Losses can exceed deposits. Your capital is at risk.

Visit Markets.com Website

Losses can exceed deposits. Your capital is at risk.

Markets.com screenshot
Why choose Markets.com
  • Over 10 years in business
  • Regulated by CySEC, Financial Services Board
Spreads Support Reputation
V. Good
96
Good
AA
Good
Visit Markets.com

Losses can exceed deposits. Your capital is at risk.

Visit LCG Website

Losses can exceed deposits. Your capital is at risk.

London Capital Group screenshot
Why choose London Capital Group
  • Over 22 years in business
  • Regulated by Financial Conduct Authority, CIMA, and CySEC
Spreads Support Reputation
Good
70
V. Good
AAA
Good
Visit London Capital Group

Losses can exceed deposits. Your capital is at risk.

XM screenshot
Why choose XM
  • Over 9 years in business
  • Regulated by Financial Conduct Authority, CySEC
Spreads Support Reputation
Good
70
Good
AA
Good
Visit XM

Losses can exceed deposits. Your capital is at risk.

Visit UFX Website

Losses can exceed deposits. Your capital is at risk.

UFX screenshot
Why choose UFX
  • Over 11 years in business
  • Regulated by CySEC
Spreads Support Reputation
V. Good
100
V. Good
AAA
Good
Visit UFX

Losses can exceed deposits. Your capital is at risk.

Visit Forex.com Website

Losses can exceed deposits. Your capital is at risk.

Forex.com screenshot
Why choose Forex.com
  • Over 19 years in business
  • Regulated by Financial Conduct Authority
Spreads Support Reputation
V. Good
94
Good
A
V. Good
Visit Forex.com

Losses can exceed deposits. Your capital is at risk.

IG screenshot
Why choose IG
  • Over 44 years in business
  • Regulated by Financial Conduct Authority and ASiC
Spreads Support Reputation
V. Good
96
V. Good
AAA
V. Good
Visit IG

Losses can exceed deposits. Your capital is at risk.