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City Index vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of City Index vs IUX, 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
IUX
3.5/5 Stars Overall
  • Minimum Deposit: 10
  • Trust Score: 78
  • Tradeable Symbols (Total): 152

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, established in 1983, is a publicly traded online broker boasting a perfect Trust Score of 99 as per ForexBrokers.com. With 7 Tier-1 licenses, City Index is firmly positioned as a highly trusted choice for traders. Although not a bank, its high regulatory standing and long history in the industry provide clients with added confidence and security. Additionally, City Index holds 1 Tier-2 license, reinforcing its trusted status further.

On the other hand, IUX, founded in 2016, is a non-publicly traded broker with a Trust Score of 78, indicating an average risk according to ForexBrokers.com. IUX holds 1 Tier-1 license and 1 Tier-2 license, showing some level of regulatory compliance, but does not match the higher trust levels associated with City Index. As a newer, non-bank broker, IUX may appeal to some traders, but its regulatory profile suggests a need for more caution than with City Index.

Feature City Index logoCity Index
IUX logoIUX
Year Founded info 1983 2016
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 1

Fees

Comparing commissions and fees, City Index edges out IUX overall. City Index earns 4.5 out of 5 stars and ranks #15 of 63 for Commissions and Fees, while IUX scores 4 out of 5 stars and ranks #49 of 63. City Index’s pricing sits around the industry average with discounts for high-volume traders, whereas IUX offers multiple account types that can be cost-effective if you pick the right mix of spreads, commissions, and minimum deposits.

City Index pricing for CFDs, forex, and spread betting is generally in line with peers, with the best rates available on its own platforms or MetaTrader. The EUR/USD averaged 0.74 pips as of July 2023. Active traders can qualify for the Premium Trader account by depositing more than £10,000, unlocking exclusive pricing and dedicated support. Volume-based rebates add to the value: in the U.K., professional traders can earn £4 per million from £25M/month in volume, rising to £7.5 per million above £300M; in Australia, rebates range from AUD $4.5 to $14.5 per million.

IUX bases pricing on account type. Standard and Standard+ need just $10 to start; Standard+ supports deposit bonuses but typically shows wider spreads, while the Standard account opts for lower spreads without promotions. For active traders, the Pro and Raw accounts require $500. Pro is spread-only with tighter pricing than Standard (IUX lists an average 0.7 pips on EUR/USD), and Raw advertises the lowest spreads but charges $6 per 100k traded; when you convert that commission to a pip equivalent, Raw’s effective cost is around 0.6 pips, while Standard averages about 0.9 pips. Overall, IUX can be competitive, especially on Pro and Raw, but it generally doesn’t beat the very lowest-cost leaders.

Feature City Index logoCity Index
IUX logoIUX
Minimum Deposit info £100.00 10
Average Spread EUR/USD - Standard info 1.4 info 0.9
All-in Cost EUR/USD - Active info 0.74 info 0.6
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

City Index vs IUX: For range of investments, City Index offers far more to trade, with about 13,500 tradeable symbols and 66 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. Both brokers let you trade forex as CFDs or spot, and both support crypto derivatives (but not actual crypto). City Index also includes copy trading, while IUX does not.

When it comes to exchange-traded shares, neither broker provides access to U.S.-listed stocks, but IUX does offer international exchange-traded securities, whereas City Index does not. Based on overall breadth, City Index earns 5 stars and ranks #8 out of 63 for Range of Investments, while IUX scores 3.5 stars and ranks #61. In short, City Index suits traders seeking a wider selection of markets, and IUX fits those who specifically want access to some international exchange-traded shares.

Feature City Index logoCity Index
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 13500 152
Forex Pairs (Total) info 66 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

City Index and IUX both cover the basics well: each offers a free demo (paper) account, an in‑house trading platform, a Windows desktop app, and a web-based platform. Where they diverge is in third‑party tools. City Index supports MetaTrader 4 (MT4) and copy trading, while IUX does not; conversely, IUX supports MetaTrader 5 (MT5), which City Index does not. Neither broker connects to DupliTrade or ZuluTrade. Both let you place trades directly from charts, which is handy for timing entries and exits.

For charting extras, City Index lists 239 drawing tools compared with 89 at IUX. Indicator counts weren’t specified for either broker. Watchlists are more flexible at IUX with 46 available columns, versus 11 at City Index. In independent testing by ForexBrokers.com, City Index earned 4.5/5 stars and ranked 11th out of 63 brokers for Trading Platforms and Tools, while IUX received 3.5/5 stars and ranked 60th. In short: choose City Index if you want MT4 and copy trading; pick IUX if MT5 and deeper watchlist fields are priorities.

Feature City Index logoCity Index
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 88 106
Charting - Drawing Tools (Total) info 239 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 11 46

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

Forex trading apps

Both City Index and IUX offer mobile trading apps for iPhone and Android. In testing by ForexBrokers.com, City Index earns 4.5/5 stars and ranks #9 out of 63 for Mobile Trading Apps, while IUX scores 3.5/5 stars and ranks #61. Shared features include real-time quote watchlists, multiple time frames for stock and forex charts, and auto-saved drawings. Key differences: City Index provides price alerts, watchlist syncing with your online account, and the ability to draw trendlines. IUX does not offer those three, but it does include more built-in chart indicators (106 vs 88).

If you want alerts, synced watchlists, and quick trendline drawing, City Index is the more convenient choice. If you value a larger set of indicators and can go without alerts and syncing, IUX may suit you. Both apps cover the basics, but City Index delivers the higher-rated experience for everyday stock and forex trading on mobile.

Feature City Index logoCity Index
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 88 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research, City Index clearly offers more than IUX. City Index provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Trading Central tools for technical analysis, a sentiment tool showing the ratio of long vs. short positions, and an economic calendar. IUX includes an economic calendar but does not provide daily commentary, top-tier news, Trading Central, or a sentiment tool. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools.

Ratings reflect this gap: City Index scores 4.5/5 stars for Research and ranks #10 out of 63 brokers on ForexBrokers.com, while IUX earns 3/5 stars and ranks #60. For traders who want in-platform insights and third‑party research, City Index is the stronger pick; IUX suits those who only need a basic calendar.

Feature City Index logoCity Index
IUX logoIUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

City Index vs IUX for beginner education: City Index offers a broad forex and CFD learning center with 10+ educational pieces, monthly live client webinars and a searchable archive, 10+ beginner videos, 10+ advanced videos, and an investor dictionary with 50+ terms. IUX does provide 10+ beginner videos, but it does not offer a full forex/CFD education library, does not run monthly webinars or keep an archive, lacks an advanced video series, and has no investor dictionary.

These gaps are reflected in the ratings. City Index earns 4.5/5 stars for Education and ranks #9 of 63 brokers on ForexBrokers.com, while IUX scores 3/5 stars and ranks #60 of 63. If you want structured learning with live sessions and on-demand replays, City Index is the stronger choice; if you only need a starter set of beginner videos, IUX can cover the basics.

Feature City Index logoCity Index
IUX logoIUX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) 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 IUX. City Index finished with an overall rank of #8, while IUX finished with an overall rank of #55.

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
IUX logoIUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 78
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 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 IUX?

Both City Index and IUX do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives instead.

What funding options does each broker offer?

In comparing online brokers City Index and IUX, City Index stands out with options for ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wires, whereas IUX provides options for Skrill, Visa or Mastercard, and bank wires, but lacks ACH, SEPA, and PayPal capabilities.

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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 IUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 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 78
Winner check_circle
Review City Index Review IUX Review
Broker Screenshots City Index IUX
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.
Regulation City Index IUX
Trust Score info 99 78
Year Founded info 1983 2016
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 7 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) City Index IUX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses (Trusted) City Index IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments City Index IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 13500 152
Forex Pairs (Total) info 66 34
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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).
Cost City Index IUX
Average Spread EUR/USD - Standard info 1.4 info 0.9
All-in Cost EUR/USD - Active info 0.74 info 0.6
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding City Index IUX
Minimum Deposit info £100.00 10
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms City Index IUX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools City Index IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 11 46
Charting - Indicators / Studies (Total) info 88 106
Charting - Drawing Tools (Total) info 239 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading City Index IUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 88 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes No
Research City Index IUX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education City Index IUX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs City Index IUX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review City Index Review IUX Review
Overall City Index IUX
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 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 78
Winner check_circle
Review City Index Review IUX Review
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