City Index vs EC Markets: 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.

AttributeCity IndexEC Markets
Licence Score72Strong69Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record34
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 MAS Singapore Licensed—
2 FSCA South Africa —Licensed
2 FMA (NZ) New Zealand —Licensed
Founded19832011
HeadquartersUnited KingdomUnited Kingdom
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewMT4, MT5
Minimum depositNo minimum—
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Frequently asked questions

Is City Index or EC Markets better regulated?

City Index has the higher Licence Score (72 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both City Index and EC Markets?

Both are matched to licences from ASIC and FCA.

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.