City Index vs XTB Review

Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts for trading FX. In total, over 6,000 data points were collected. For this review, we will compare City Index vs XTB.

To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. Both City Index and XTB share a rating of 4.00 stars.

Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. City Index alongside XTB are regulated in a major hub. City Index alongside XTB are publicly traded companies. How many currency pairs are available to trade? City Index boasts an offering of 65 different currency pairs compared to XTB's 49 available pairs.

To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. Both City Index and XTB offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. Both brokers offer clients access to the same number of charting tools, 31. City Index and XTB offer the same number of indicators (eg, volume), 51.

Overall, City Index takes the upper hand with 4.50 stars over XTB's 4.00 stars. And, when it comes to individual category awards, XTB was rated Best in Class - Customer Service in 2018, while City Index was rated none of these.