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City Index vs Axi : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
City Index
Axi
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
STP
Years of Existence / Established Year
1983
2007
Customer Base / Number of Accounts
1M + active customers
60,000+ traders
Regulation & Security
Regulations (governing bodies)
CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC
ASIC DFSA FSA
Awards Won (count for the last 2 years)
Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall
No major awards listed
Security Measures
FSCS
None
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
13,500+ assets types including Shares
220 + CFDs IPOs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
No
Yes
CFDs
Yes
Yes
ETFs
Yes
No
Stocks
No
Yes
Options
Yes
No
Futures
No
No
Bonds
Yes
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
City Index mobile trading app
Axi Trading Platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard, MT4, Corporate account
Standard Account Pro Account Elite Account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
€100
$0
Leverage Available
30:1
200:1- 500:1
Trade Limit (maximum per trade)
Depends on the assets class
100 orders per day maximum
Commission (per account type)
€0
Standard account - $0 Pro account - $7 round trip Elite account - $3.5 round trip
Best Suited For (e.g., beginners, experienced traders)
Beginner to experienced
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Bank transfer, credit card, debit card, e-wallets
International bank transfers Debit & credit cards (Mastercard, visa) Internet / local banking Paypal (in specific regions)
Withdrawal Methods
Bank transfer, credit card, debit card, e-wallets
Bank transfer Local banking E wallet Crypto payments Credit / Debit cards
Other E-Wallets Supported
Paypal
Skrill Neteller Paypal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts
Autochartist Trading Central MT4 Forex VPS Hosting Trading news & guides Trading calculators Trade on Economic Calendar guides
Fees & Commissions
Trading-Related Fees
UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)
Commission- 0% on share CFD trades
Spread (typical, fixed, variable)
Fixed and variable spreads
Variable
Per Lot Fees
NA
$3.5 per lot
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
$0
NA
Maximum Leverage
30:1
1:1000
Non-Trading Fees
Dormant Fees
$15 monthly fee after 24 months of inactivity
Inactivity fees varies for no activity more than 12 months
Subscription Fees (for premium features, data feeds)
NA
$0
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
$0
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
$0
Deposit Fee
Credit/ debit card- 2%, others - €0
Bank transfers - No fees Card payments - 3.0% (for more than $50,000) Other methods - 3.0% (for more than $50,000)
Currency Conversion Fee
Varies by instrument
NA
Withdrawal Fee
Bank fees may apply
Free above $50. Or administration fee of $25 apply.
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Trading forex & CFDs follows MT4 server time (GMT+2) Monday 00:01 to Friday 23:59
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24 hours (Tuesday to Friday) On Mondays, service commence at 9am AEST
Customer Support Methods (phone, email, live chat)
Email: [email protected], Phone: 0800 060 8609, Live chat
Help Center Live chat Email: mailto:[email protected] Toll-free: UK - 0800 018 3306 Australia - 1300 888 936 Germany - 0800 7244085
Support Languages
6
13+
Additional Information
Headquarters Location
1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET
Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines
Complaints (for crypto brokers)
No
No
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