FP Markets vs City Index, Who's Better?
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FP Markets Rating
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City Index Rating
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Losses can exceed deposits |
74% of retail investor accounts lose money when trading CFDs with this provider |
FP Markets vs City Index Guide |
Read our In-Depth FP Markets vs City Index Review - for 2025
This comprehensive analysis of FP Markets and City Index has been revised to reflect any changes for 2025 from industry experts with extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs City Index does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
City Index Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs City Index
Every online trading platforms has certain ups and downs, and any comprehensive FP Markets and City Index review cannnot be complete without having a balanced approach.
Assess City Index and FP Markets to understand the way these platforms line up against one another before you create an account. Performing a comparative analysis will place factors into perspective in order that you remain aware of what to expect.
So you are looking for a reputable broker and are choosing between FP Markets or City Index. Who should you choose?
Our FP Markets vs City Index comparison contains the most recent information so you can easily compare City Index against FP Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get proficient at all the concepts of broker as you keep trading. For starters, you have to select the ideal agent who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. FP Markets and City Index are just two such companies which will take you and your investment into great heights. It is crucial that you compare FP Markets vs City Index until you trust them with your money.
Our FP Markets vs City Index comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and City Index side by side.
Our entire FP Markets vs City Index Review covers all you need to know about trading using either FP Markets or City Index. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
FP Markets and City Index are both brokers that have paved their way successfully to the broker world. In this review, we have tried to collate a number of the important facets of both FP Markets and City Index. This review can allow you to understand whether either City Index or FP Markets is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.
Benefits of FP Markets and City Index Compared
FP Markets has a minimum deposit of $100 while City Index has a $25 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and City Index compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets allows you to trade around 100 financial instruments whilst City Index allows you to trade around 100 on their platform.
The more financial instruments you can trade on the FP Markets and City Index platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FP Markets or City Index.
FP Markets and City Index Contact Details
Being able to contact an online trading platform simply is vital. FP Markets and City Index have the following contact details and social medias that you can use.
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Broker | FP Markets | City Index |
Telephone Number | +44 28 2544 7780 | +44 20 7107 7020 |
supportteam@fpmarkets.com | support@cityindex.co.uk | |
Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP |
FP Markets Twitter Account | City Index Twitter Account | |
FP Markets Facebook Page | City Index Facebook Page | |
FP Markets Instagram Account | City Index Instagram Account | |
FP Markets LinkedIn Page | City Index LinkedIn Page | |
YouTube | FP Markets YouTube Channel | City Index YouTube Channel |
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City Index and FP Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing FP Markets and City Index will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FP Markets vs City Index - Awards
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Broker | FP Markets | City Index |
Awards |
FP Markets have won several industry awards over the years they have been running as a financial broker. We show the most recognised awards for FP Markets here.
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At the time of writing this City Index review, and despite City Index’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FP Markets vs City Index - Frequently Asked Questions
FP Markets vs City Index - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
City Index was founded in 1983 and has its headquaters in UK.
What is the minimum deposit for City Index or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for City Index is $25.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and City Index are a good choice.
FP Markets vs City Index - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
Both FP Markets and City Index have a strong set of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs City Index Commission And Fees
FP Markets and City Index are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In these cases, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither FP Markets or City Index charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example daily or weekly trading.
However, non-trading fees charged by FP Markets and City Index are relatively higher. As a result, you're billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This FP Markets vs City Index review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FP Markets And City Index
What Languages Do FP Markets And City Index Support?
Being able to talk completely with your online broker is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you can find the languages that both FP Markets and City Index support.
How Many Clients Do FP Markets and City Index Have?
Both FP Markets and City Index are well established with their customer base. It is really important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers FP Markets and City Index have
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Broker | FP Markets | City Index |
Clients / Users | 10,000+ | 14,000+ |
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What Payment Methods Do FP Markets and City Index Accept?
FP Markets and City Index both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and City Index
What Can You Trade With FP Markets and City Index?
FP Markets offers 100 trading instruments whilst City Index offers 12,500.
Below you will find a full breakdown of what both FP Markets and City Index offer.
FP Markets Review
FP Markets vs City Index:
Table Of Contents
- Compare FP Markets vs City Index
- Benefits of FP Markets and City Index Compared
- City Index and FP Markets Mobile App Comparison
- FP Markets vs City Index - Awards
- FP Markets vs City Index - Frequently Asked Questions
- What is the minimum deposit for City Index or FP Markets
- FP Markets vs City Index - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And City Index
- What Languages Do FP Markets And City Index Support?
- How Many Clients Do FP Markets and City Index Have?
- What Payment Methods Do FP Markets and City Index Accept?
- What Can You Trade With FP Markets and City Index?