XM vs City Index, 2025 Update
Read our In-Depth XM vs City Index Review - 2025 Update
This XM vs City Index review has been refreshed to reflect any changes for 2025 from knowledgeable insiders with significant financial experience in Forex, Social Trading, & CFDs.
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
Every platforms for online trading will have some pros and cons, and a complete XM and City Index review should not be complete without having an objective perspective.
Examine XM and City Index to get a better understanding of just how they stack up with each other before you make an account. A comprehensive comparison can bring aspects into perspective in order that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between XM or City Index. Who should you choose?
This XM vs City Index comparison contains the latest information so you can easily compare City Index against XM.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will get proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. XM and City Index are two such platforms that will take you and your investment to great heights. It is important that you compare XM vs City Index before you trust them with your money.
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 everything you need to know about trading with either XM or City Index. A good broker can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all agents are the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.
XM and City Index are both brokers which have forged their way successfully to the broker world. In this review, we've attempted to collate some of the vital aspects of both XM and City Index. This review can help you to understand whether either City Index or XM is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Benefits of XM and City Index Compared
XM has 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 allows you to trade around 100 financial instruments while City Index allows you to trade around 100 on their platform.
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 should 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 a broker through many ways 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
It is becoming increasingly important for brokers to offer simple-to-use apps that provide 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
XM vs City Index - Awards
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Broker | XM | City Index |
Awards |
XM have won many industry awards over the years they have been operating as an online trading platform. We list 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 circumstances, 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 choice.
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 fair trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare XM vs City Index Commission And Fees
XM and City Index are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing speed, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither XM or City Index charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, for example daily or weekly trading.
However, non-trading fees billed by XM and City Index are relatively greater. Consequently, you're charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This XM vs City Index review for 2025 breaks down each of the relevant non-trading fees 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 online broker is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both XM and City Index offer communication in.
How Many Clients Do XM and City Index Have?
Both XM and City Index are well established with their customer base. It is important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many users XM and City Index have
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?