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, IIROC, FSA, FSB, UAE and BVI
Min. Deposit 100 250 100
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