Updated Oct 28 2022
Overview | |
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City Index is a global broker founded in 1983 that holds 4 financial licenses and offers advanced trading platforms, mobile apps, diverse market research tools and an extensive range of markets. |
FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 0 Provided by |
Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! ![]() |
No fresh news at the moment. Check again soon! ![]() |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1983 | 2005 |
💳 Minimum Deposit Range | |
$100 | $100 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF. | 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR. |
US, JP, BE, NZ, SY. |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
5,412 | 10,403 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
4,500 | 10,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
84 | 63 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
30 | 15 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
25 | 17 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
740 | 295 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
5 | 11 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
11 | 2 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
17 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
Variable - Fractions Allowed | Variable |
📉 Minimum ETFs Trade Size | |
Variable - Fractions Allowed | Unavailable |
📈 Minimum Crypto Trade Size | |
Variable (eg: 0.01 BTC, 1 LTC) | Unavailable |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 - (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | Varies by Commodity (Eg: 0.01 Troy ounces of Gold) |
📉 Minimum Bonds Trade Size | |
1 Unit | Unavailable |
📈 Minimum Futures Trade Size | |
Unavailable | Unavailable |
📉 Minimum Options Trade Size | |
1 Contract | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
500 | 500 |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | Yes |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
12£ monthly after 1 year of inactivity. |
None |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
None | Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals. |
💰 Commissions | |
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Dynamic - From 0 to 1.2 Pips |
📉 SP500 | |
Dynamic - From 60 Pips | Dynamic - From 40 to 60 Pips |
📈 GOLD | |
From 50 Pips | Dynamic - From 0 to 31 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Unavailable |
📉 BTC | |
Dynamic - From $120 | Dynamic - From $9 to $21 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
Yes | No |
📡 Educational Content | |
No | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
No | Yes |
📡 Webinars | |
No | Yes |