Written by ForexBrokers.com
In this head to head comparison of City Index vs FxPro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
City Index, founded in 1983, is a well-established online broker that is publicly traded and highly trusted by ForexBrokers.com. It holds an impressive 99 Trust Score, thanks to its possession of 7 Tier-1 licenses, marking it as a top choice for traders seeking credibility and reliability. Although not operating as a bank, City Index stands out in the financial landscape for its transparency and trustworthy regulation, contributing to its esteemed reputation over the decades.
FxPro, established in 2006, combines its role as both an online broker and a bank but is not publicly traded. It holds a strong ForexBrokers.com Trust Score of 93, with 2 Tier-1 licenses and 1 Tier-2 license, which demonstrates a solid level of trust for its clients. While relatively younger than City Index, FxPro has built a commendable standing in the financial arena, offering a lower but still high level of trust for those entering the trading world.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Year Founded | 1983 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
City Index generally charges about average commissions and fees for CFDs, forex, and spread bets, while FxPro tends to be pricier than the industry average. City Index earns 4.5/5 stars and ranks #15 out of 63 for Commissions and Fees, compared with FxPro’s 4/5 stars and #33 out of 63. For the sharpest pricing, City Index recommends its own platforms or MetaTrader; FxPro’s most competitive pricing is on cTrader with commission-based trades.
City Index’s EUR/USD spread averaged 0.74 pips as of July 2023, which is in line with typical costs in this category. High-volume traders can lower costs further: U.K. professional trader rebates start at £4 per million for monthly volumes over £25M and rise to £7.5 per million above £300M; in Australia, rebates span AUD $4.5 to $14.5 per million across tiers. City Index also offers a Premium Trader account (deposit over £10,000) with access to exclusive pricing, events, content, and priority support.
FxPro’s pricing is generally higher than peers, though its cTrader account offers the best value via commissions: the effective EUR/USD cost is about 1.27 pips (0.37‑pip average spread plus a 0.9‑pip commission equivalent; August 2020 data). On MetaTrader, variable spreads are roughly 1.58 pips on MT4 with market execution (1.51 on MT5) and 1.71 pips with instant execution; MT5 has no fixed-spread option. Execution choices on MT4 include instant (requotes, no slippage) and market (possible slippage, no requotes). Order rules also differ by platform: cTrader has no minimum stop/limit distance, while MetaTrader requires at least 1 pip—even on the Elite account. FxPro’s Active Trader (Elite) discounts can reach up to 30%, but overall fees still trail the most cost-effective competitors.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Minimum Deposit | £100.00 | $100 |
| Average spread (EUR/USD) - Standard account | 1.4 | 1.51 |
| All-in Cost EUR/USD - Active | 0.74 | 1.27 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing City Index and FxPro on market range, both support forex trading (via CFDs or spot), offer copy trading, and provide cryptocurrency trading through CFDs—not actual coins. The standout difference is breadth: City Index lists about 13,500 tradeable instruments, while FxPro offers around 2,249. For currency specialists, FxPro edges ahead with 70 forex pairs to City Index’s 66.
For direct share ownership, neither broker lets you buy U.S.-listed stocks, but FxPro does allow purchases of certain international exchange-traded shares, which City Index does not. Reflecting these contrasts, ForexBrokers.com rates City Index at 5 stars (ranked #8 of 63) for Range of Investments, versus FxPro’s 4 stars (ranked #29). In short, City Index wins on overall variety, while FxPro may appeal if you want a few more forex pairs plus access to select international shares.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 2249 |
| Forex Pairs (Total) | 66 | 70 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
City Index and FxPro both check the key boxes for trading platforms and tools. Each offers a free demo (paper) account, a proprietary in-house platform, MetaTrader 4 (MT4), Windows desktop downloads, and web-based platforms. Copy trading is available with both, and you can place orders directly from charts. The standout difference is MetaTrader 5 (MT5) support: FxPro offers MT5, while City Index does not.
For overall platform quality, City Index is rated 4.5/5 stars and ranks #11 out of 63 brokers in ForexBrokers.com’s Trading Platforms and Tools category, while FxPro is rated 4/5 stars and ranks #17. Choose FxPro if MT5 is a must-have; pick City Index if you prefer a higher-rated platform lineup with MT4, chart trading, and copy-trading options on its proprietary tools.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 88 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
City Index vs FxPro for mobile trading: both brokers offer iPhone and Android apps, support price alerts, and sync watchlists between mobile and your online account. Each app holds a 4.5-star rating for Mobile Trading Apps. In ForexBrokers.com’s 2025 rankings, City Index placed #9 out of 63 brokers, while FxPro ranked #15, signaling strong usability and feature depth from both, with a slight edge in placement for City Index.
For charting on the go, City Index packs 88 technical studies compared with FxPro’s 65. Both apps let you draw trendlines and automatically save your chart drawings, so your analysis carries over between sessions. If you want more built-in indicators, City Index may suit you better; if you need dependable alerts, synced watchlists, and clean charting, either app will serve you well.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings, both City Index and FxPro provide daily market commentary and access to forex news from renowned sources like Bloomberg and Reuters. However, neither of these brokers offers tools from Autochartist or market research from TipRanks and Acuity Trading. They both support Trading Central for technical analysis, as well as sentiment-based trading insights and comprehensive economic calendars to facilitate informed trading decisions.
Despite their similarities, City Index is rated slightly higher with 4.5 stars for research, placing it 10th out of 63 brokers on ForexBrokers.com. Meanwhile, FxPro holds a 4-star rating, ranking 26th. Overall, while both platforms deliver solid research capabilities, City Index’s slightly higher standings might make it the preferable choice for traders prioritizing market insights.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
City Index vs FxPro for beginner education: both brokers provide forex and CFD learning materials with 10+ beginner videos to help you get started. City Index adds monthly client webinars and 10+ advanced videos, giving you a clear path from basics to more complex topics. FxPro also delivers plenty of beginner videos, but it does not host monthly educational webinars and doesn’t offer the same depth for advanced lessons.
If you want live sessions and more room to grow, City Index is the stronger choice, earning 4.5/5 stars for Education and ranking #9 out of 63 brokers with ForexBrokers.com. FxPro is a good fit if you prefer video-first self-study, with a 4/5 Education score and a #18 ranking out of 63.
| Feature |
City Index
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that City Index is better than FxPro. City Index finished with an overall rank of #8, while FxPro finished with an overall rank of #21.
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
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FxPro
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| Overall Rating |
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| Trust Score | 99 | 93 |
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In the City Index vs FxPro comparison for cryptocurrency, neither broker supports buying actual (delivered) crypto, but both offer cryptocurrency CFD trading.
Online brokers City Index and FxPro both support ACH/SEPA transfers, PayPal, and bank wire deposits and withdrawals; FxPro also offers Skrill whereas City Index does not, and Visa/Mastercard availability for both is not specified.
Please note:
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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0 of 5| Overall Rating | City Index | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | City Index Review | FxPro Review |
| Broker Screenshots | City Index | FxPro | |
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| Regulation | City Index | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 1983 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | City Index | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | City Index | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | City Index | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 2249 | |
| Forex Pairs (Total) | 66 | 70 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.4 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.74 | 1.27 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | City Index | FxPro | |
|---|---|---|---|
| Minimum Deposit | £100.00 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | City Index | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | City Index | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | City Index | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | City Index | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | City Index | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | City Index | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | City Index Review | FxPro Review |
| Overall | City Index | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | City Index Review | FxPro Review |
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