Admiral Markets
City Index
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while City Index was established in 1983 and is based in UK. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while City Index is regulated by Financial Conduct Authority (FCA) among others. Admiral Markets serves 10,000+ clients worldwide; City Index has 14,000+. The minimum deposit is $200 at Admiral Markets and $25 at City Index.
| Feature | Admiral Markets | City Index |
|---|---|---|
| Min. Deposit | $200 | $25 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) |
| Founded | 2001 | 1983 |
| Country | UK | UK |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and City Index, directly affecting your bottom line as a trader. Admiral Markets has a lower barrier to entry with a minimum deposit of $200 (vs $25 at City Index). City Index charges withdrawal fees while Admiral Markets does not, giving Admiral Markets an edge for frequent withdrawers. City Index applies inactivity fees on dormant accounts; Admiral Markets does not. Admiral Markets charges deposit fees; City Index does not. Overall, City Index scores higher on fees in our assessment.
| Feature | Admiral Markets | City Index |
|---|---|---|
| Min. Deposit | $200 | $25 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while City Index supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | City Index |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and City Index compare. Admiral Markets runs regular live webinars; City Index does not. Admiral Markets has a video library; City Index does not. Admiral Markets publishes daily market commentary; City Index does not. Admiral Markets integrates third-party research tools (Trading Central, Autochartist); City Index does not. Admiral Markets maintains an archive of past webinars for on-demand viewing. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | City Index |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while City Index supports 3 (bank transfer, credit/debit card, PayPal). Admiral Markets uniquely supports Skrill and Neteller among the two brokers. City Index uniquely supports PayPal among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | City Index |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and City Index offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and City Index supports 6, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | City Index |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, Spanish, German, Arabic, Polish, and Chinese |