City Index vs HFM: 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.
| Attribute | City Index | HFM |
|---|---|---|
| Licence Score | 72Strong | 70Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 3 | 7 |
| 1 FCA United Kingdom | Licensed | Licensed |
| 1 ASIC Australia | Licensed | — |
| 1 MAS Singapore | Licensed | — |
| 2 CySEC Cyprus | — | Licensed · Licence 183/12 |
| 2 FSCA South Africa | — | Licensed · FSP 46632 |
| 2 DFSA United Arab Emirates | — | Licensed |
| 3 FSC (MU) Mauritius | — | Licensed |
| 3 CMA (Kenya) Kenya | — | Licensed |
| 4 FSA (Seychelles) Seychelles | — | Licensed |
| Founded | 1983 | 2010 |
| Headquarters | United Kingdom | Cyprus |
| Type | Spread betting & CFD provider | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | Proprietary, MT4, TradingView | MT4, MT5, Proprietary |
| Minimum deposit | No minimum | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is City Index or HFM better regulated?
City Index has the higher Licence Score (72 vs 70), based on the number and tier of licences, operating history and public listing.
Which regulators license both City Index and HFM?
Both are matched to licences from FCA.