City Index
FBS
Basic data of broker
Recommended for Forex and CFD traders looking for low forex fees and great research tools
Recommended for Investors and CFD traders familiar with the MetaTrader trading platforms
UK
Cyprus
Fees
Low trading and average non-trading fees, high stock CFD fees
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
3
2
Deposit type
Withdrawal type
Account opening
$0
$0.99
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Proof of identity: national ID / passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
£85,000 for clients under FCA, no investor protection for other clients
€20,000 for EEA residents, no protection for other customers
1983
2009
UK, Australia, Singapore
Cyprus, Australia, Belize
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
City Index's service is on par with FBS's and a comparison of their fees shows that City Index's fees are slightly higher than FBS's.
Account opening takes about the same effort at City Index compared to FBS, deposit and withdrawal processes are about the same quality at City Index, while customer service quality is somewhat lower than FBS's.
Our experts rated the trading platform of City Index as being of the same quality as the platform of FBS, found that clients have access to about the same number of markets and products with City Index, while FBS provides just about the same quality of research and education.