City Index vs FOREX.com: 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 IndexFOREX.com
Licence Score72Strong86Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record37
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore LicensedLicensed
1 CIRO Canada —Licensed
2 CySEC Cyprus —Licensed
Founded19832001
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedNoNASDAQ:SNEX
PlatformsProprietary, MT4, TradingViewProprietary, MT4, MT5, TradingView
Minimum depositNo minimumUS$100
VisitVisit siteVisit site

Frequently asked questions

Is City Index or FOREX.com better regulated?

FOREX.com has the higher Licence Score (86 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both City Index and FOREX.com?

Both are matched to licences from ASIC, FCA and MAS.

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.