City Index vs Interactive Brokers: 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 IndexInteractive Brokers
Licence Score72Strong83Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record38
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
1 SFC Hong Kong —Licensed
1 CBI Ireland —Licensed
Founded19831978
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerMulti-asset broker
Publicly listedNoNASDAQ:IBKR
PlatformsProprietary, MT4, TradingViewProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is City Index or Interactive Brokers better regulated?

Interactive Brokers has the higher Licence Score (83 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both City Index and Interactive Brokers?

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.