City Index vs FXOpen: 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 IndexFXOpen
Licence Score72Strong69Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record33
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 MAS Singapore Licensed—
2 CySEC Cyprus —Licensed
Founded19832005
HeadquartersUnited KingdomUnited Kingdom
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewMT4, MT5, TradingView
Minimum depositNo minimumUS$1
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Frequently asked questions

Is City Index or FXOpen 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 FXOpen?

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.