Online brokers compared for fees, trading platforms, safety and more. See how City Index stacks up against Saxo Bank!
Last update of data—Nov 2022
City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, StoneX Group Inc. is listed on the NASDAQ Stock Exchange.
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for forex and CFD traders looking for low forex fees and great research tools.
Recommended for investors and traders looking for a great trading platform and solid research.
City Index
City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, StoneX Group Inc. is listed on the NASDAQ Stock Exchange.
Recommended for forex and CFD traders looking for low forex fees and great research tools.
Saxo Bank
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for investors and traders looking for a great trading platform and solid research.
City Index's service is on par with Saxo Bank's and a comparison of their fees shows that City Index's fees are slightly lower than Saxo Bank's.
Account opening takes less effort at City Index compared to Saxo Bank, deposit and withdrawal processes are about the same quality at City Index, while customer service quality is similar to Saxo Bank's.
Our experts rated the trading platform of City Index as somewhat worse than the platform of Saxo Bank, found that clients have access to much less markets and products with City Index, while Saxo Bank provides somewhat better research and education.
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.
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