Compare City Index vs HYCM


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

City Index vs HYCM
overall rating
4.6
4.3
overall pros
  • Low fees for forex
  • Fast and smooth account opening
  • Diverse research tools
  • Low forex and CFD fees
  • Great educational content
  • User-friendly account opening
overall cons
  • Limited product portfolio
  • High stock CFD fees
  • Non-user-friendly desktop platform
  • Only forex and CFD products
  • Trading platforms have outdated design
  • Inactivity fee
fees
3.8
  • Low forex fees
  • No withdrawal fee
  • Inactivity fee
  • High stock CFD fees
3.9
  • Low forex fees
  • Low CFD fees
  • Inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Problem with credit card withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Average account currency selection
web trading platform
4.3
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
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
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID 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  • Outdated design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)
  • Available in several languages
  • No two-step (safer) login
  • Poor design
markets and products
2.0
  • Forex
  • CFD
  • Crypto
2.0
  • Forex
  • CFD
  • Crypto
research
4.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
3.5
  • Trading ideas
  • User-friendly
  • Economic calendar
  • Limited interactive charting
  • Very low quality newsfeed
customer service
4.0
  • Live chat
  • Great phone support
  • No 24/7 support
  • Slow email support
3.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Mediocre email support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos miss tags or categorization
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
  • No investor protection outside the EU&UK
recommended for Forex and CFD traders looking for low forex fees and great research tools Forex and CFD traders who prefer the MetaTrader platform
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