Sydney
Tokyo
London
New York
Next Open:
Updated February 2026

Axi vs City Index

An in-depth comparison to help you choose the right broker for your trading journey.

50+ Data Points
Real Testing
2026 Updated
QUICK VERDICT

Who Wins?

4.3/5
Best for: Scalpers
Visit Axi
VS
4.2/5
Best for: UK spread bettors
Visit City Index
HEAD-TO-HEAD

Side-by-Side Comparison

Feature
Overall Rating
4.3/5
4.2/5
Minimum Deposit
$0
£100
Spreads From
0.0 pips
0.5 pips
Max Leverage
Up to 500:1
Up to 30:1 (EU)
Instruments
220+
13,500+
Fees Score
4.8/5
3.9/5
Platforms Score
4.2/5
4.4/5
Education Score
3.5/5
4.2/5
Safety Score
4.3/5
4.7/5
Platforms
MetaTrader 4, MetaTrader 5, Axi Copy Trading
City Index Platform, MetaTrader 4, TradingView
Founded
2007
1983
Headquarters
Sydney, Australia
London, United Kingdom
ANALYSIS

Pros & Cons

Pros

  • + Raw spreads from 0.0 pips
  • + No minimum deposit requirement
  • + Fast ECN execution
  • + Strong MT4/MT5 integration
  • + VPS hosting for EAs

Cons

  • - Limited educational content
  • - Smaller instrument selection
  • - Basic research tools compared to competitors
Open Axi Account

Pros

  • + 40+ years established
  • + FCA regulated
  • + Spread betting (tax-free UK)
  • + TradingView integration
  • + Extensive markets

Cons

  • - UK/AU focused
  • - Higher spreads on some assets
  • - No cryptocurrency trading
Open City Index Account
RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

  • Scalpers
  • Day traders
  • EA/Algo traders
  • Cost-conscious professionals
Visit Axi
Choose

If you:

  • UK spread bettors
  • Experienced traders
  • Index traders
Visit City Index
FREE TOOLS

Calculate Your Trading Costs

Use our free tools to compare broker costs and calculate position sizes before you trade.

JD

James D. from London

matched with AvaTrade

2 minutes ago