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City Index vs FXGT.com 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of City Index vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

City Index
5/5 Stars Overall
  • Minimum Deposit: £100.00
  • Trust Score: 99
  • Tradeable Symbols (Total): 13500
FXGT.com
3.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 69
  • Tradeable Symbols (Total): 117

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

City Index and FXGT.com are both online brokerage firms, each with distinct credentials when it comes to trust and regulation. Established in 1983, City Index is a well-established entity that is publicly traded and holds seven Tier-1 licenses, earning it a Trust Score of 99 out of 99 from ForexBrokers.com. This signifies City Index as a highly trusted choice in the trading community.

In contrast, FXGT.com, founded in 2019, is a newer player in the market and is not publicly listed. FXGT.com holds one Tier-1 license and one Tier-2 license, leading to a Trust Score of 69, indicating a higher risk. Neither of these companies operates as a bank, yet their regulatory standings and market presence differ significantly, making City Index the more trusted option based on these parameters.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Year Founded info 1983 2019
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

City Index outperforms FXGT.com on commissions and fees. City Index holds a 4.5/5 star rating and ranks #15 out of 63 brokers for this category at ForexBrokers.com, while FXGT.com is rated 3.5/5 stars and ranks #57. City Index’s pricing for CFDs, forex, and spread betting is around the industry average and tends to be most competitive on its own platforms and MetaTrader. FXGT.com does not publish average spread data, which makes direct cost comparisons harder.

For reference, City Index’s average EUR/USD spread was 0.74 pips as of July 2023—about in line with the market, though not as low as leaders like Tickmill and FP Markets. Active traders may cut costs further: the Premium Trader account (for deposits over £10,000) offers exclusive pricing plus dedicated support. Professional traders can also access volume-based rebates—U.K.: £4 per million above £25M monthly, up to £7.5 per million above £300M; Australia: AUD $4.5 to AUD $14.5 per million depending on tier.

Bottom line: if you want clear pricing benchmarks and the chance to earn rebates, City Index is the stronger pick on fees. FXGT.com’s lower ranking and lack of published average spreads may be a drawback if you want transparent, easily comparable costs. Always check live quotes and account terms, as fees vary by region, platform, and market conditions.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Minimum Deposit info £100.00 $5
Average spread (EUR/USD) - Standard account info 1.4 info N/A info
All-in Cost EUR/USD - Active info 0.74 info N/A info
Non-wire bank transfer info Yes Yes
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

City Index and FXGT.com both support forex trading via CFDs and/or spot. City Index delivers a far wider selection with 13,500 tradeable symbols, including 66 currency pairs, while FXGT.com offers 117 symbols and 53 forex pairs. Both brokers provide crypto CFDs but do not offer direct, delivered cryptocurrency. Copy trading is available at both. Neither broker lets you buy exchange-traded securities outright on U.S. or international exchanges (so you can’t directly own shares like Apple or Vodafone).

For overall breadth, City Index stands out: it earns 5 stars and ranks #8 out of 63 brokers for Range of Investments, compared with FXGT.com’s 3 stars and #62 ranking. If having the broadest set of markets matters, City Index is the stronger choice; if you only need core forex and crypto CFD exposure with copy trading, FXGT.com covers the basics.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 13500 117
Forex Pairs (Total) info 66 53
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

City Index and FXGT.com both check key boxes for platform access and tools: free demo (paper) trading, copy trading, web-based platforms, Windows desktop downloads, trading directly from charts, and MetaTrader 4 (MT4). The main differences are that City Index offers its own in-house platform, while FXGT.com does not, and FXGT.com supports MetaTrader 5 (MT5), which City Index does not.

Both brokers include charting with technical indicators and customizable watch lists. According to ForexBrokers.com, City Index earns 4.5/5 stars for Trading Platforms and Tools and ranks #11 of 63 brokers, while FXGT.com earns 4/5 stars and ranks #57 of 63. In short: choose City Index if you want a broker-built platform alongside MT4 and easy web/desktop access; pick FXGT.com if MT5 within the MetaTrader suite is a must-have.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 88 37
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

City Index and FXGT.com both deliver a modern mobile trading app for iPhone and Android. Each app supports price alerts, watchlist syncing between mobile and your online account, drawing trendlines on charts, and auto-saving your drawings. The main difference is charting depth: City Index offers 88 technical studies, while FXGT.com provides 30. If you rely on a wider range of indicators for analysis, City Index gives you more options; if you just need core charting tools, FXGT.com covers the essentials.

Independent ratings also set them apart. For Mobile Trading Apps, ForexBrokers.com rates City Index at 4.5 stars and ranks it #9 out of 63 brokers, while FXGT.com earns 3.5 stars and ranks #59. In short, both apps handle alerts, syncing, and chart drawing well, but traders who want more advanced charting and a higher-rated mobile experience may prefer City Index; those satisfied with a simpler toolkit may find FXGT.com suitable.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, City Index offers a fuller package than FXGT.com. City Index provides daily market commentary, streaming forex news from top sources like Bloomberg, Reuters, or Dow Jones, Trading Central tools for technical insights, a sentiment tool, and an economic calendar. FXGT.com includes a sentiment tool and an economic calendar, but does not provide daily commentary, top-tier news feeds, or Trading Central tools. Both brokers do not offer Autochartist or Acuity Trading research. City Index does not include TipRanks research; FXGT.com does not list TipRanks either.

Independent ratings reflect this gap: City Index earns 4.5 out of 5 stars for Research and ranks #10 out of 63 brokers on ForexBrokers.com, while FXGT.com scores 3 stars and ranks #57. If you want frequent commentary, integrated news, and deeper technical research, City Index is the stronger choice. If you only need essentials like a calendar and simple sentiment data, FXGT.com can cover the basics.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

City Index beats FXGT.com for beginner-friendly education. City Index runs ongoing client webinars (at least one each month) and offers 10+ beginner videos plus 10+ advanced videos, giving new traders a clear path from basics to more complex topics. FXGT.com does not host monthly educational webinars and does not meet the 10-video mark for beginner or advanced content, so its learning library is comparatively limited.

These differences show up in third-party ratings: City Index scores 4.5 out of 5 stars for Education and ranks #9 out of 63 brokers on ForexBrokers.com, while FXGT.com earns 3 stars and ranks #61. If you want a guided learning experience with frequent webinars and a larger video library, City Index is the stronger choice; if you only need a smaller set of materials, FXGT.com may be adequate.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that City Index is better than FXGT.com. City Index finished with an overall rank of #8, while FXGT.com finished with an overall rank of #59.

Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.

Feature City Index logoCity Index
FXGT.com logoFXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 69
Range of Investments 5/5 Stars 3/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with City Index or FXGT.com?

City Index vs FXGT.com: neither broker supports buying actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

City Index vs FXGT.com: both brokers support ACH/SEPA transfers; City Index also supports PayPal and bank wire transfers but not Skrill, while FXGT.com’s availability of PayPal, Skrill, Visa/Mastercard, and bank wire options is not specified (and City Index’s Visa/Mastercard availability is likewise unspecified).

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Overall Rating City Index FXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 99 69
Winner check_circle
Review City Index Review
Broker Screenshots City Index FXGT.com
Broker Gallery (click to expand) info
City Index MetaTrader 4 mobile trading app City Index web platform trading. City Index web platform research Trading Central City Index educational course advanced.
FXGT MetaTrader 5 MT5 desktop trading platform. FXGT MetaTrader 5 MT5 desktop trading platform Signals market. FXGT MetaTrader 5 MT5 desktop trading platform charts watchlist spreads. FXGT MetaTrader 5 MT5 desktop trading platform charts. FXGT Trading Tool plans.
Regulation City Index FXGT.com
Trust Score info 99 69
Year Founded info 1983 2019
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 7 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) City Index FXGT.com
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info Yes
Hong Kong (SFC Authorised) info No
Japan (SFC Authorised) info No
Singapore (MAS Authorised) info Yes
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes
USA (CFTC Authorized) info No
New Zealand (FMA Authorised) info No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) City Index FXGT.com
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes
India (SEBI Authorised) info No
Jordan (JSC Authorised) info
Investments City Index FXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 13500 117
Forex Pairs (Total) info 66 53
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost City Index FXGT.com
Average spread (EUR/USD) - Standard account info 1.4 info N/A info
All-in Cost EUR/USD - Active info 0.74 info N/A info
Inactivity Fee info Yes No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding City Index FXGT.com
Minimum Deposit info £100.00 $5
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info Yes Yes
Trading Platforms City Index FXGT.com
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools City Index FXGT.com
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 88 37
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading City Index FXGT.com
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research City Index FXGT.com
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
TipRanks info No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education City Index FXGT.com
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs City Index FXGT.com
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review City Index Review
Overall City Index FXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 99 69
Winner check_circle
Review City Index Review
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