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

Broker Name

City Index

City Index

VS
Global Prime

Global Prime

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Broker Overview

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

Market maker

Market maker broker

Years of Existence / Established Year

1983

2010

Customer Base / Number of Accounts

1M + active customers

No information


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Regulation & Security

Regulations (governing bodies)

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

ASIC and VFSC

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

No compensation scheme

SSL Encryption / 2FA

Yes

No

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+ Financial assets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

No

No

Options

Yes

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

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

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

No

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

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

$0

Leverage Available

30:1

1:5 to 1:500

Trade Limit (maximum per trade)

Depends on the assets class

1000 lots

Commission (per account type)

€0

Standard: $0, Raw account: $3.5 per lot

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

Beginner to experienced

Beginner traders


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Deposit & Withdrawal Options

Deposit Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

Paypal

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money


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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

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


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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)

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

$3.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

$0

NA

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

$0

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

$20-$30

Withdrawal Fee

Bank fees may apply

International bank transfer: $20-$30


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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

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


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Customer Support

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

24/5

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

6

14+


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Additional Information

Headquarters Location

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

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

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, Global Prime fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
New users will likely find City Index sign-up process more intuitive. Meanwhile, Global Prime takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
City Index provides a modern trading experience with its proprietary or MT4 platform, ideal for technical traders. Global Prime, 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 Global Prime suits investors seeking simplicity and ease of use.