Select Your Brokers to Compare
City Index vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
City Index
Global Prime
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
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
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
City Index mobile trading app
No
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
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
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
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
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
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
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
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+
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
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Yes