Choose City Index if you want…
UK + EU + APAC discretionary traders wanting an established LSE-credible brand with deep instrument coverage.
City Index
⭐ 4.4 / 5
VS
Eightcap
⭐ 4.4 / 5
City Index vs Eightcap — which broker is better in 2026?
We compared City Index and Eightcap across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.
| City Index | Eightcap | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 4.4 / 5 | Tie |
| Regulators | FCA, ASIC, MAS Singapore | ASIC, CySEC, FCA (in setup), SCB Bahamas | Eightcap |
| Min. deposit | $0 (no minimum) | $100 | City Index |
| Spreads from | 0.5 pips (Standard) | 0.0 pips (Raw) / 1.0 pip (Standard) | Eightcap |
| Max. leverage | Up to 1:30 (EU retail) / 1:50 (Pro) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, Web Trader Pro, AT Pro, TradingView | MT4, MT5, TradingView | City Index |
| Founded | 1983 | 2009 | — |
| HQ | London, UK | Melbourne, Australia | — |
Pros & cons compared
City Index pros
- ✓ Founded 1983 — one of the oldest CFD brokers in the UK
- ✓ Part of StoneX Group (NASDAQ: SNEX) — same parent as Forex.com
- ✓ FCA + ASIC + MAS tier-1 regulation
- ✓ 12,000+ instruments incl. share CFDs from 26+ exchanges
- ✓ Web Trader Pro — sophisticated charting with Reuters news integration
Cons
- ✗ Spreads on FX (0.5+ pips) wider than ECN brokers
- ✗ Inactivity fee of $15/month after 12 months dormant
- ✗ Limited proprietary mobile app vs. peers
Eightcap pros
- ✓ ASIC + CySEC dual tier-1 regulation
- ✓ Raw account: 0.0 pips + $3.50/lot/side commission
- ✓ Native TradingView integration — trade directly from TradingView charts
- ✓ 1,000+ instruments including 250+ crypto CFDs (one of broadest crypto suites)
- ✓ Same-day withdrawals on most methods
Cons
- ✗ $100 minimum deposit higher than budget brokers
- ✗ Smaller brand recognition vs. Pepperstone / Pepperstone
- ✗ Limited proprietary platform — third-party only
Which one should you choose?
Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Frequently asked questions
Which is better — City Index or Eightcap?
City Index and Eightcap are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.
Is City Index more regulated than Eightcap?
City Index holds licenses from: FCA, ASIC, MAS Singapore. Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. Eightcap has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at City Index vs Eightcap?
City Index spreads start from 0.5 pips (Standard). Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, City Index or Eightcap?
City Index: $0 (no minimum). Eightcap: $100. City Index has the lower entry barrier.
