City Index
Uniglobe Markets
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Overview
City Index was founded in 1983 and is headquartered in UK, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. City Index holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. City Index serves 14,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $25 at City Index and $10 at Uniglobe Markets.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $25 | $10 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Unregulated |
| Founded | 1983 | 2008 |
| Country | UK | Marshall Islands |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Index and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $25 at City Index). City Index charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. City Index applies inactivity fees on dormant accounts; Uniglobe Markets does not. City Index charges deposit fees; Uniglobe Markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $25 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
City Index offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Index and Uniglobe Markets compare. The two brokers are evenly matched on educational content.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | No | No |
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 Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and Uniglobe Markets supports 2, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, and Chinese |