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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
City Index

cityindex.com

Forex BrokerMulti Asset BrokerStock CFD
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
Decision summary
Overall score
84
90
Trust score
86
99
Cost score
82
85
Platform score
94
94
Withdrawal score
89
86
Best for
UK spread betting · CFD trading · forex trading
Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out
Needs verification
Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators
StoneX Financial Ltd is authorised and regulated by the FCA.
Source
Financial Services Authority of Seychelles (FSA)
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License numbers
FCA Register Number: 446717
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Securities Dealer license number SD018
Source
Regulated entities
City Index is a trading name/trademark of StoneX Financial Ltd.
Source
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
Source
Negative balance protection
City Index advertises negative balance protection, with regional/classification caveats.
Source
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
Source
Investor compensation
FSCS member; up to £120,000 according to City Index UK.
Source
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
Source
Restricted countries
No explicit restricted-country list found; general jurisdictional restriction disclosed.
Source
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
Source
Costs & account conditions
Minimum deposit
No minimum to open CFD/spread-bet accounts; card funding minimum 100 base-currency units; bank wire no minimum; MT4 page/search snippet says £100 to start trading.
Source
No minimum deposit requirement disclosed for opening a trading account.
Source
Spread from
Representative spreads vary by market/product: forex from 0.5 pts, indices from 0.4, US crude 0.4 points, gold 0.3 points.
Source
Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
Source
Commission
No spread-bet commission; CFD commission only on shares with stated regional minimums.
Source
Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
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Maximum leverage
Retail margin from 3.33% on major FX (about 30:1 equivalent); varies by product/client/entity.
Source
IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
Source
Deposit fee
City Index deposit methods listed as free, subject to card issuer charges.
Source
IC does not charge additional deposit fees; bank/intermediary fees may apply.
Source
Withdrawal fee
Withdrawals are free of charge.
Source
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
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Inactivity fee
Monthly inactivity fee: £12 after 12+ months of inactivity, with equivalent fees for non-GBP accounts.
Source
No account inactivity fees.
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Markets, platforms & payments
Tradable assets
Spread bet and trade CFDs across indices, shares, forex, commodities and other markets; pricing page lists metals, bonds, interest rates and options/futures references.
Source
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
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Trading platforms
Web Trader, mobile app, TradingView and MT4.
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MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
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Account types
Standard, MT4 and Corporate accounts; demo offered with virtual funds.
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Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
Source
Deposit methods
Debit/credit cards and bank transfer.
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Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
Source
Withdrawal methods
Withdrawals return to original funding sources; card/bank supported; PayPal legacy withdrawals only.
Source
Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
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Withdrawal processing time
Cards 3–5 working days; domestic bank transfers normally 1–2 working days.
Source
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
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BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.