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City Index vs FXPrimus 2026

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Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between City Index and FXPrimus? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, City Index ranks more highly than FXPrimus.

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Compare

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Overall Rating City Index FXPrimus
Overall Rating star 9.2 /10 star 7.0 /10
Offering of Investments star 9.5 /10 star 6.5 /10
Commissions & Fees star 9.0 /10 star 7.5 /10
Platform & Tools star 9.0 /10 star 7.5 /10
Research star 8.5 /10 star 6.0 /10
Mobile Trading star 9.0 /10 star 7.5 /10
Education star 9.0 /10 star 6.5 /10
Account Type City Index FXPrimus
Islamic Account No
Professional Account
VIP/Premium Account
Deposit/Withdrawal Options City Index FXPrimus
Minimum Deposit ÂŁ100.00 $100
Bank Wire (Deposit/Withdraw) Yes
Credit card (Deposit/withdraw)
PayPal (Deposit/Withdraw) Yes
Non-wire bank transfer Yes No
Copy Trading City Index FXPrimus
Copy Trading Yes Yes
Cryptocurrency City Index FXPrimus
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) City Index FXPrimus
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) City Index FXPrimus
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments City Index FXPrimus
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting Yes No
Copy Trading Yes Yes
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals Yes No
ETF Yes No
U.S. Stocks (CFDs) Yes No
Trading Platforms City Index FXPrimus
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform Yes Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) No Yes
Regulatory Licenses City Index FXPrimus
Tier-1 Licenses 7 1
Australia (ASIC Authorised) Yes No
Canada (CIRO Authorised) Yes No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No No
Singapore (MAS Authorised) Yes No
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) Yes No
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 1 0
Tier-3 Licenses 0 0
Research, Education City Index FXPrimus
Trading Central Yes No
Forex News (Top-Tier Sources) Yes No
Daily Market Commentary (Articles) Yes Yes
Autochartist No No
Videos - Beginner Trading Videos Yes No
Trading Costs City Index FXPrimus
Minimum Deposit ÂŁ100.00 $100
Average spread (EUR/USD) - Standard account 1.4 N/A
All-in Cost EUR/USD - Active 0.9 N/A
Trading Tools City Index FXPrimus
Charting - Indicators / Studies (Total) 88 30
Mobile Charting - Indicators / Studies 88 30
Trust Factors City Index FXPrimus
Year Founded 1983 2009
Publicly Traded (Listed) Yes No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 99 71
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City Index vs FXPrimus Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between City Index and FXPrimus? Our independent database powered by our unbiased research will help you compare City Index vs FXPrimus side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust City Index?

City Index has a Trust Score of 99, giving it a "Highly Trusted" Trust Score Label.

Can I trust FXPrimus?

FXPrimus has a Trust Score of 71, giving it a "Average Risk" Trust Score Label.

Is City Index a good broker?

City Index, part of StoneX Group, is an award-winning, highly trusted broker with a long history of offering forex and CFDs across its global offices. Featuring a well-designed mobile trading app and a powerful web platform, City Index delivers a winning variety of tools for forex traders. Founded in 1983, City Index is regulated in multiple Tier-1 jurisdictions and carries a Trust Score rating of 99. The broker's flagship platform suite provides a large range of markets, but pricing is just average. Only a handful of markets are available on City Index's MetaTrader platform (and MT5 is not yet available).

Is FXPrimus a good broker?

Founded in 2009, FXPrimus offers cTrader as well as the full MetaTrader suite (both MT4and MT5), but offers fewer than 140 symbols that can be traded from within its platform. Despite carrying indemnity insurance from its Vanuatu-regulated entity and holding a regulatory license in Cyprus, FXPrimus' lack of additional top-tier licenses brings down its overall Trust Score rating.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. City Index holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised), Canada (CIRO Authorised), Singapore (MAS Authorised) and United Kingdom (U.K.) (FCA Authorised). FXPrimus, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: none. Neither have Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, City Index is Cyprus (CySEC Authorised) and UAE (DFSA, FSRA, or CMA Authorised), while FXPrimus is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses City Index is Cayman Islands (CIMA Authorised), while FXPrimus is Vanuatu (VFSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised) and Mauritius (FSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that City Index offers a Proprietary Desktop Trading Platform and Desktop Platform (Windows), whereas FXPrimus supports a Proprietary Desktop Trading Platform, Desktop Platform (Windows) and cTrader. Neither have DupliTrade [DELETED] and ZuluTrade [DELETED]

Does City Index offer MetaTrader? Does FXPrimus offer MetaTrader?

For MetaTrader City Index provides MetaTrader 4 (MT4), while FXPrimus provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5). If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

How do City Index and FXPrimus differ in terms of minimum deposit? What about average spreads and funding options?

City Index requires a minimum deposit of ÂŁ100.00, while FXPrimus requires a minimum deposit of $100. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that City Index supports Bank Wire (Deposit/Withdraw) and PayPal (Deposit/Withdraw) for funding and deposit methods, whereas FXPrimus supports neither of these. Neither have Visa/Mastercard (Credit/Debit) [DELETED] and Skrill (Deposit/Withdraw)

Which broker offers more tradeable asset classes, City Index or FXPrimus?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that City Index delivers a more diverse selection of investment options than FXPrimus, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Spread Betting, Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs).

We also keep track of each broker’s total number of tradeable symbols; City Index offers 13500, and FXPrimus offers a total of 140 tradeable symbols.

Can I trade cryptocurrency with City Index or FXPrimus?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither City Index nor FXPrimus allow you to trade physical cryptocurrencies.

Who offers more research tools, City Index or FXPrimus?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. City Index delivers the following research tools: Daily Market Commentary (Articles), Forex News (Top-Tier Sources), Trading Central and Copy Trading. FXPrimus, on the other hand, provides the tools listed here: Daily Market Commentary (Articles) and Copy Trading. Neither have Autochartist and Stock Charts [DELETED]

Broker Reviews

Still looking for more information, read our broker reviews.

City Index Review

FXPrimus Review

Overall winner: City Index

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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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