TradingCritique

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

Broker Name

City Index

City Index

VS
CMC Markets

CMC Markets

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Broker Overview

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

Market maker

Market maker

Years of Existence / Established Year

1983

1989

Customer Base / Number of Accounts

1M + active customers

265k+


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Regulation & Security

Regulations (governing bodies)

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

FCA, ASIC, CIRO, MAS, FMA

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

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

Security Measures

FSCS

FSCS

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

12,000+ tradable instruments including shares, Treasuries

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

No

Options

Yes

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

No

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

CMC web platform, iOS and Android app

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

Spread betting, CFD account , FX active, Corporate account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

$0

Leverage Available

30:1

30:1 to 1:500

Trade Limit (maximum per trade)

Depends on the assets class

No information

Commission (per account type)

€0

Standard - No commission, FX active account- $2.50

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

Beginner to experienced

Professional and retail traders


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Deposit & Withdrawal Options

Deposit Methods

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

Bank transfer, Debit/credit card, Online banking

Withdrawal Methods

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

Bank transfer, Debit/credit card, Online banking

Other E-Wallets Supported

Paypal

No


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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

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides


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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)

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

Spread (typical, fixed, variable)

Fixed and variable spreads

Fixed/Variable

Per Lot Fees

NA

$2.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$5.00 per $100,000 in nominal value

Guaranteed Stop Loss Fees

$0

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

Maximum Leverage

30:1

1:500


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

NA

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

0.50%

Withdrawal Fee

Bank fees may apply

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Depends on the instrument offer


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Customer Support

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

24/5

Monday to Friday from 8am to 8pm

Customer Support Methods (phone, email, live chat)

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

Email: [email protected], Phone: +44 (0)20 7170 8200

Support Languages

6

12+


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Additional Information

Headquarters Location

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

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

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 stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, CMC Markets offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
City Index makes starting out easy with a simple application, especially for retail clients. CMC Markets platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
City Index provides a modern trading experience with its proprietary or MT4 platform, ideal for technical traders. CMC Markets, on the other hand, offers more research tools and is better suited for data-driven investors.
City Index stands out for active traders with robust tools, while CMC Markets suits investors seeking simplicity and ease of use.