ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

City Index vs Markets.com 2020

Is City Index better than Markets.com? After testing 30 of the best forex brokers over five months, City Index is better than Markets.com. Beyond its extensive range of products, multi-asset traders confidently choose City Index for competitive spreads, great platform options, premium research tools, and reliable customer service, all under the backing of GAIN Capital, which is one of the largest retail brokers globally.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature City Index Markets.com
Overall 4.5 4
City Index Review Markets.com Review
74% of retail CFD accounts lose money 70% of retail CFD accounts lose money

Regulation

Feature City Index Markets.com
Trust Score 93 97
Year Founded
1983 1999
Publicly Traded (Listed)
Yes Yes
Bank
No No
Tier-1 Licenses
3 2
Tier-2 Licenses
0 2
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature City Index Markets.com
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature City Index Markets.com
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
84 57
CFDs - Total Offered
4500 2179
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 5 4
Winner check_circle

Cost

Feature City Index Markets.com
Average Spread EUR/USD - Standard
0.8 (Oct 19) 1.9 (as of Oct 19)
All-in Cost EUR/USD - Active
0.8 (Oct 19) 1.9 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 4
Winner check_circle

Funding

Feature City Index Markets.com
Minimum Initial Deposit
£50.00 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature City Index Markets.com
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No

Trading Tools

Feature City Index Markets.com
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
18 6
Charting - Indicators / Studies (Total)
139 89
Charting - Drawing Tools (Total)
25 4
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4 4
Winner check_circle

Mobile Trading

Feature City Index Markets.com
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
74 (default on MT4, none on Markets app)
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes No
Charting - Drawings Autosave
No No
Forex Calendar
Yes No
Mobile Trading 4 4
Winner check_circle

Research

Feature City Index Markets.com
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No Yes
AutoChartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No Yes
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes
Research 4.5 4
Winner check_circle

Education

Feature City Index Markets.com
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
Yes No
Education 4 3.5
Winner check_circle

Major Forex Pairs

Feature City Index Markets.com
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature City Index Markets.com
City Index Review Markets.com Review
Overall 4.5 4
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare City Index vs Markets.com.

Does City Index or Markets.com offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, City Index offers better pricing overall for traders.

Is City Index or Markets.com safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. City Index holds 3 global Tier-1 licenses, while Markets.com holds 2. Markets.com holds 2 global Tier-2 licenses, while City Index holds 0. All regulators considered, Markets.com has a Trust Score of 97.00, while City Index's Trust Score is 93.00.

Which trading platform is better: City Index or Markets.com?
To compare the trading platforms of both City Index and Markets.com, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, City Index offers a better experience. With research, City Index offers superior market research. Finally, we found City Index to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. City Index and Markets.com both offer copy trading. Both City Index and Markets.com offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
City Index provides traders 84 currency pairs (e.g., EUR/USD) compared to Markets.com's 57 available pairs. Forex pairs aside, City Index offers traders access to 4500 CFDs while Markets.com has 2179 available CFDs, a difference of 2,321.

Overall, between City Index and Markets.com, City Index is the better forex broker.

City Index Review
Markets.com Review

Related Comparisons



Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.

arrow_drop_upBack to top