XM vs City Index, for 2025
Read our In-Depth XM vs City Index Review - 2025 Update
This comprehensive analysis of XM and City Index has been revised for 2025 by industry experts boasting significant expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of XM vs City Index does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, 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 XM vs City Index
Each online trading platforms feature a few pros and cons, and any comprehensive review of XM and City Index would not be regarded as thorough without having a fair assessment.
Examine XM and City Index to get a better understanding of how they line up with each other prior to you open an account. A comprehensive comparison will bring aspects into perspective in order that you are cognizant of what you should anticipate.
So you are looking for a broker and are choosing between XM or City Index. Who is better in 2025?
This XM vs City Index comparison contains the latest information so you can easily compare City Index against XM.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. XM and City Index are two such stages that will take you along with your investment into great heights. It's crucial to compare XM vs City Index until you trust them with your cash.
Our XM vs City Index comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and City Index side by side.
Our entire XM vs City Index Review covers all you need to learn about trading with either XM or City Index. A good broker can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
XM and City Index are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both XM and City Index. This review can allow you to know whether either City Index or XM is a good fit for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of XM and City Index Compared
XM offers a minimum deposit of $5 while City Index offers a $25 minimum deposit.
Why smaller minimum deposits are good and how XM 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.
XM has around 100 financial instruments while City Index allows you to trade around 100 available.
The more instruments you can trade on the XM 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 never want to miss out on a trading opportunity due to the limitations of XM or City Index.
XM and City Index Contact Details
Being able to contact your broker easily is important. XM and City Index have the following contact details and social medias that you can use.
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Broker | XM | City Index |
Telephone Number | +357 250 29933 | +44 20 7107 7020 |
support@xm.com | support@cityindex.co.uk | |
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP |
XM Twitter Account | City Index Twitter Account | |
XM Facebook Page | City Index Facebook Page | |
XM Instagram Account | City Index Instagram Account | |
XM LinkedIn Page | City Index LinkedIn Page | |
YouTube | XM YouTube Channel | City Index YouTube Channel |
Find Out More |
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City Index and XM Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of XM and City Index we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the 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?
XM vs City Index - Awards
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Broker | XM | City Index |
Awards |
XM have won numerous industry awards over the years they have been operating as an online broker. We detail the most notable awards for XM 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. |
Find Out More |
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XM vs City Index - Frequently Asked Questions
XM vs City Index - Headquarters And Year Of Founding
XM was founded in 2009 and has its headquaters in Cyprus.
City Index was founded in 1983 and has its headquaters in UK.
What is the minimum deposit for City Index or XM
The minimum deposit for XM is $5.
The minimum deposit for City Index is $25.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and City Index are a good option.
XM vs City Index - Regulation And Licencing In More Detail
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
Both XM and City Index have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare XM vs City Index Commission And Fees
XM and City Index are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are those that are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They are billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither XM or City Index charge high fees compared to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by XM and City Index are relatively higher. Consequently, you are billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This XM vs City Index review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For XM And City Index
What Languages Do XM And City Index Support?
Being able to chat easily with your trading broker is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both XM and City Index support.
How Many Clients Do XM and City Index Have?
Both XM and City Index are well established with their customer base. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients XM and City Index are working with
What Payment Methods Do XM and City Index Accept?
XM 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 XM and City Index
What Can You Trade With XM and City Index?
XM offers 100 trading instruments and City Index offers 12,500.
Below you will find a full breakdown of what both XM and City Index offer.
XM Review
XM vs City Index:
Table Of Contents
- Compare XM vs City Index
- Benefits of XM and City Index Compared
- City Index and XM Mobile App Comparison
- XM vs City Index - Awards
- XM vs City Index - Frequently Asked Questions
- What is the minimum deposit for City Index or XM
- XM vs City Index - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And City Index
- What Languages Do XM And City Index Support?
- How Many Clients Do XM and City Index Have?
- What Payment Methods Do XM and City Index Accept?
- What Can You Trade With XM and City Index?