City Index
icm capital
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Overview
City Index was founded in 1983 and is headquartered in UK, while icm capital was established in 2015 and is based in Geneva. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. City Index serves 14,000+ clients worldwide; icm capital has 10,000+. The minimum deposit is $25 at City Index and $250 at icm capital.
| Feature | City Index | icm capital |
|---|---|---|
| Min. Deposit | $25 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F258 |
| Founded | 1983 | 2015 |
| Country | UK | Geneva |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Index and icm capital, directly affecting your bottom line as a trader. City Index has a lower barrier to entry with a minimum deposit of $25 (vs $250 at icm capital). Both brokers charge withdrawal fees. City Index applies inactivity fees on dormant accounts; icm capital does not. City Index charges deposit fees; icm capital does not. Overall, City Index scores higher on fees in our assessment.
| Feature | City Index | icm capital |
|---|---|---|
| Min. Deposit | $25 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
City Index offers MT4, MT5, cTrader, while icm capital 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 | City Index | icm capital |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Index and icm capital compare. icm capital runs regular live webinars; City Index does not. icm capital has a video library; City Index does not. icm capital publishes daily market commentary; City Index does not. icm capital integrates third-party research tools (Trading Central, Autochartist); City Index does not. icm capital maintains an archive of past webinars for on-demand viewing. icm capital scores higher overall in education and research.
| Feature | City Index | icm capital |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Index accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while icm capital supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). icm capital uniquely supports Skrill and Neteller among the two brokers. icm capital scores higher on deposit and withdrawal flexibility.
| Feature | City Index | icm capital |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both City Index and icm capital offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and icm capital supports 8, giving icm capital broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | icm capital |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |