Compare City Index vs CMC Markets


Online brokers compared for fees, trading platforms, safety and more. See how City Index stacks up against CMC Markets!

City Index vs CMC Markets
overall rating
4.6
4.6
overall pros
  • Low fees for forex
  • Fast and smooth account opening
  • Diverse research tools
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
overall cons
  • Limited product portfolio
  • High stock CFD fees
  • Non-user-friendly desktop platform
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
fees
3.8
  • Low forex fees
  • No withdrawal fee
  • Inactivity fee
  • High stock CFD fees
3.5
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
4.1
  • Fully digital
  • No minimum deposit
  • Complicated account verification
deposit and withdrawal
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Problem with credit card withdrawal
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfers
web trading platform
4.3
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
4.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Modern design
  • No two-step (safer) login
mobile trading platform
4.3
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
4.4
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Outdated design
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.0
  • Forex
  • CFD
  • Crypto
2.2
  • Forex
  • CFD
  • Crypto
research
4.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.0
  • Live chat
  • Great phone support
  • No 24/7 support
  • Slow email support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
recommended for Forex and CFD traders looking for low forex fees and great research tools Forex and CFD traders looking for an advanced trading platform with many research tools
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