City Index vs IC Markets - BrokerCue
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Broker Comparison

City Index vs IC Markets

Compare City Index and IC Markets 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, shar…

VS
IC Markets

IC Markets

Active forex and CFD traders

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 pi…

Head-to-head comparison

City Index vs IC Markets
Feature City Index IC Markets
Minimum deposit - Raw Spread, cTrader and Standard accounts: $0; Raw Pro: $5,000; Raw Pro+: $100,000
Stock trading fee - ASX market data fee fixed at $22 AUD per month; ASX Share CFDs minimum commission fee of $7 AUD per trade
Regulators FCA, ASIC, CySEC, MAS FSA, CySEC
Best for Active CFD and spread betting traders Active forex and CFD traders
Markets & account
Stocks
-
Forex
CFDs
Crypto
-
Bonds
Options
-
Futures
Spread Betting
-
Demo Account
Margin
-

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 £10,000 virtual funds
  • Negative balance protection for retail clients

Cons

  • Inactivity fee of £12 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
IC Markets

IC Markets

Pros

  • Raw spreads start from 0.0 pips
  • Raw Spread, cTrader and Standard accounts have $0 minimum deposit
  • Standard account shows $0 commission
  • IC charges no additional deposit or withdrawal fees
  • Average execution speed is under 40ms
  • 24-hour trading on over 100 leading US stocks
  • Free demo account is available

Cons

  • Raw Pro+ requires a $100,000 minimum deposit
  • Raw Pro requires a $5,000 minimum deposit
  • MetaTrader Raw Spread charges $3.50 per lot per side
  • ASX market data costs $22 AUD per month
  • ASX Share CFDs have a $7 AUD minimum commission per trade
  • International bank wire withdrawals may take up to 14 days
  • Withdrawal processing fee may apply if deposits were not used for trading
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.

Visit City Index Read review

Your capital is at risk. Other fees apply.

IC Markets

IC Markets

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 pips and forex, stocks, bonds, futures and crypto CFDs.

Visit IC Markets Read review

Your capital is at risk. Other fees apply.

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