AvaTrade vs City Index: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAvaTradeCity Index
Licence Score83Very strong72Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record93
1 FCA United Kingdom —Licensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 MAS Singapore —Licensed
1 CBI Ireland Licensed · Ref C53877—
2 FSCA South Africa Licensed · FSP 45984—
2 KNF Poland Licensed—
2 FSRA (ADGM) United Arab Emirates Licensed—
2 ISA Israel Licensed—
3 CMA (Kenya) Kenya Licensed—
4 BVI FSC British Virgin Islands Licensed—
Founded20061983
HeadquartersIrelandUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryProprietary, MT4, TradingView
Minimum depositUS$100No minimum
VisitVisit siteVisit site

Frequently asked questions

Is AvaTrade or City Index better regulated?

AvaTrade has the higher Licence Score (83 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both AvaTrade and City Index?

Both are matched to licences from ASIC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.