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Broker Comparison

City Index vs Deriv

Compare City Index and Deriv side by side: fees, regulation, platforms.

City Index

City Index

Active CFD and spread betting traders

City Index is a UK-founded spread betting and CFD broker offering 13,500+ markets across forex, indices, sharโ€ฆ

VS
Deriv

Deriv

Synthetic index and CFD traders

Deriv is a multi-asset online broker founded in 1999 offering forex, CFDs, crypto, synthetic indices, and digโ€ฆ

Head-to-head comparison

City Index vs Deriv
Feature City Index Deriv
Minimum deposit - -
Stock trading fee - CFDs on 500+ stocks; spread-based; no commission
Regulators FCA, ASIC, CySEC, MAS MFSA, LFSA, BVI FSC, VFSC, FSC, SCA
Best for Active CFD and spread betting traders Synthetic index and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
-
Bonds
-
Options
Futures
-
Spread Betting
-
Demo Account
Margin
Multi Currency
-

Pros & cons

City Index

City Index

Pros

  • Regulated by FCA, ASIC, CySEC and MAS
  • FSCS investor protection for UK clients
  • No account opening, deposit or standard withdrawal fees
  • 13,500+ tradeable markets including forex, indices, shares and commodities
  • Spread betting is tax-free for UK residents
  • TradingView integration with direct trade execution
  • Free demo account with ยฃ10,000 virtual funds
  • Negative balance protection for retail clients

Cons

  • Inactivity fee of ยฃ12 per month after 12 months
  • Stock CFD commissions apply on every trade
  • Demo account expires after 12 weeks
  • Crypto CFDs unavailable to UK retail clients under FCA rules
  • No MetaTrader 5 support for most regions
  • No copy trading or social investing features
  • No passive investment options such as ready-made portfolios
Deriv

Deriv

Pros

  • No commissions on any account type
  • No deposit or withdrawal fees
  • Minimum deposit of $5
  • Proprietary synthetic indices tradeable 24/7
  • Seven trading platforms including MT5, cTrader, and DBot
  • Free $10,000 virtual-funds demo account
  • Regulated in multiple jurisdictions including Malta (MFSA)

Cons

  • Forex spreads wider than industry average on standard accounts
  • Inactivity fee of up to $25 after 12 months of no trading
  • Most regulatory coverage is offshore (Tier 3); only MFSA provides Tier 1 oversight
  • No MetaTrader 4 support
  • Limited research and educational content compared to larger brokers
  • No phone customer support
  • Synthetic indices are proprietary; Deriv acts as counterparty
City Index

City Index

City Index is a UK-founded spread betting and CFD broker offering 13,500+ markets across forex, indices, shares, commodities and options, regulated by the FCA, ASIC, CySEC and MAS.

Your capital is at risk. Other fees apply.

Deriv

Deriv

Deriv is a multi-asset online broker founded in 1999 offering forex, CFDs, crypto, synthetic indices, and digital options across seven trading platforms.

Your capital is at risk. Other fees apply.

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