City Index vs FXCM: 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 IndexFXCM
Licence Score72Strong72Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record34
1 FCA United Kingdom LicensedLicensed · FRN 217689
1 ASIC Australia LicensedLicensed
1 MAS Singapore Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
Founded19831999
HeadquartersUnited KingdomUnited Kingdom
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewProprietary, MT4, TradingView
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is City Index or FXCM better regulated?

Both have the same Licence Score (72).

Which regulators license both City Index and FXCM?

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.