City Index vs XTB: 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 IndexXTB
Licence Score72Strong75Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record36
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia Licensed—
1 MAS Singapore Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 KNF Poland —Licensed
4 FSC (Belize) Belize —Licensed
Founded19832002
HeadquartersUnited KingdomPoland
TypeSpread betting & CFD providerMulti-asset broker
Publicly listedNoWSE:XTB
PlatformsProprietary, MT4, TradingViewProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is City Index or XTB better regulated?

XTB has the higher Licence Score (75 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both City Index and XTB?

Both are matched to licences from 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.