City IndexSpreads from 0.5 pip on forex, no commission on standard account
- Published fee
- Spreads from 0.5 pip on forex, no commission on standard account
- Minimum deposit
- 150 €
- Inactivity
- $15/month after 12 months of inactivity
Broker comparison
City Index vs.
CMC Markets
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonCity Index
CMC MarketsVS
Summary
Your goal decides
CMC Markets has a higher rating of 4.3/5 compared to City Index (4.1/5). The minimum deposit is lower at CMC Markets with 0 €. Oversight: City Index: FCA; CMC Markets: BaFin/FCA. City Index: No, CFDs and spread betting. CMC Markets: No, CFDs and spread betting. City Index has been in the market since 1983, making it the more experienced provider.
City IndexEstablished CFD broker with over 40 years of market presence
CMC MarketsAward-winning Next Generation platform with over 12,000 products
At a glance
The key differences
| Criterion | City Index | CMC Markets |
|---|---|---|
| Platforms | City Index Web Trader, MT4, City Index App | Next Generation, MT4, CMC Mobile |
| Product types | CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto | CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries |
| Options trading | No, CFDs and spread betting | No, CFDs and spread betting |
| Fee model | Spreads from 0.5 pip on forex, no commission on standard account | Spreads from 0.7 pip on forex, no commission on standard account |
| Minimum deposit | 150 € | 0 € |
| Regulation | FCA | BaFin/FCA |
| More information | Details | Details |
Platforms
City Index
City Index Web Trader, MT4, City Index App
CMC Markets
Next Generation, MT4, CMC Mobile
Product types
City Index
CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto
CMC Markets
CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries
Options trading
City Index
No, CFDs and spread betting
CMC Markets
No, CFDs and spread betting
Fee model
City Index
Spreads from 0.5 pip on forex, no commission on standard account
CMC Markets
Spreads from 0.7 pip on forex, no commission on standard account
Minimum deposit
City Index
150 €
CMC Markets
0 €
Regulation
City Index
FCA
CMC Markets
BaFin/FCA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
City IndexCMC MarketsSpreads from 0.7 pip on forex, no commission on standard account
- Published fee
- Spreads from 0.7 pip on forex, no commission on standard account
- Minimum deposit
- 0 €
- Inactivity
- £10/month after 12 months of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
City IndexCheck the provider’s execution policy and available order types for your account.
Provider informationCMC MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
City IndexCFDsForexIndicesCommoditiesStocks CFDsCrypto
CMC MarketsCFDsForexIndicesCommoditiesStocks CFDsTreasuries
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
City IndexCity Index Web Trader · MT4 · City Index App
City Index offers three trading platforms: The proprietary Web Trader is a browser-based platform with advanced charting, technical indicators, market analysis, and integrated research tools. MT4 is available for traders who prefer automated trading with Expert Advisors. The City Index App enables full-featured mobile trading with real-time quotes, push notifications, and order placement on the go.
Explore platformCMC MarketsNext Generation · MT4 · CMC Mobile
CMC Markets offers the Next Generation platform, MT4, and the CMC Mobile app. Next Generation is the award-winning main platform with over 115 technical indicators, modular chart layout, pattern recognition tools, integrated Reuters news, and client sentiment analysis. MT4 is available for automated trading with Expert Advisors. The CMC Mobile app provides the full range of features on the go, including all charting capabilities and push notifications.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
City IndexEstablished CFD broker with over 40 years of market presence
- Long-standing experience since 1983
- Tight spreads from 0.5 pip
- FCA-regulated
- No BaFin regulation
- Minimum deposit €150
CMC MarketsAward-winning Next Generation platform with over 12,000 products
- Award-winning Next Generation platform
- Over 12,000 CFD products
- BaFin-regulated
- Only CFD trading, no real stocks
- Inactivity fee after 12 months
Find the broker that fits
City Index oder CMC Markets?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
City Index and CMC Markets do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →Taking the other side
What it means when the broker holds the other side itself
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Your questions
Frequently asked questions
How do fees differ between City Index and CMC Markets?
City Index: Spreads from 0.5 pip on forex, no commission on standard account. CMC Markets: Spreads from 0.7 pip on forex, no commission on standard account. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: City Index or CMC Markets?
City Index offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Crypto. CMC Markets offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries.
How are City Index and CMC Markets regulated?
The broker profiles list FCA for City Index and BaFin/FCA for CMC Markets. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is City Index or CMC Markets better for beginners?
City Index lists a 150 € minimum deposit and offers City Index Web Trader, MT4, City Index App. CMC Markets lists 0 € and offers Next Generation, MT4, CMC Mobile. Compare usability, available products and costs for your intended use.
City Index vs CMC Markets: Which broker is better overall?
The choice between City Index (4.1/5, 800 reviews) and CMC Markets (4.3/5, 1400 reviews) depends on your needs. City Index: Established CFD broker with over 40 years of market presence. CMC Markets: Award-winning Next Generation platform with over 12,000 products.
How do spreads compare between City Index and CMC Markets?
City Index offers typical spreads of EUR/USD from 0.5 pip (typical). CMC Markets offers EUR/USD from 0.7 pip (typical). Tighter spreads reduce trading costs especially for active trading.
Do City Index or CMC Markets charge an inactivity fee?
City Index: $15/month after 12 months of inactivity. CMC Markets: £10/month after 12 months of inactivity.
Your next step
Your next step
City IndexEstablished CFD broker with over 40 years of market presence
Open accountRead reviewCMC MarketsAward-winning Next Generation platform with over 12,000 products
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.