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City Index vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

City Index

City Index

VS
MEXEM

MEXEM

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

STP

Years of Existence / Established Year

1983

2018

Customer Base / Number of Accounts

1M + active customers

Info not available


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Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

Cysec AFM FSMA

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

ICCL

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

150 + trading assets Warrant

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

No

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, MT4, Corporate account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

$0

Leverage Available

30:1

NA

Trade Limit (maximum per trade)

Depends on the assets class

Varies for each product

Commission (per account type)

€0

NA

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced

Experienced only


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

Bank Transfer

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Bank Transfer

Other E-Wallets Supported

Paypal

No


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Tools & Educational Resources

Economic Calendar

Yes

No

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

Practical tutorials on using TWS trader workstatioin Video tutorials


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Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

Fixed and variable spreads

NA

Per Lot Fees

NA

NA

Options Contract Fees

NA

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

NA


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

NA

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

0.05%

Withdrawal Fee

Bank fees may apply

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, Live chat

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

6

10+


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Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
City Index is known for competitive pricing on basic trades, especially for beginners. However, MEXEM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
City Index gets you trading faster thanks to its minimal entry barriers. In comparison, MEXEM account setup is slower but includes extra layers of financial screening and suitability assessments.
City Index provides a modern trading experience with its proprietary or MT4 platform, ideal for technical traders. MEXEM , on the other hand, offers more research tools and is better suited for data-driven investors.
City Index strength lies in high-performance trading, while MEXEM provides a more accessible route for everyday investors.