City Index
Four decades of tier-1 regulated trading with zero minimum deposit and no commissions.
- Min deposit
- $0
- Max leverage
- 1:200
- Spread from
- 0.5 pips
- Regulators
- FCA, ASIC, MAS
City Index and Aetos Capital take very different approaches to serving traders. City Index leans on decades of tier-1 regulation and zero minimum deposit, while Aetos Capital chases traders hunting ultra-tight spreads and high leverage. Here's our full breakdown.
Four decades of tier-1 regulated trading with zero minimum deposit and no commissions.
Razor-thin 0 pip spreads and 1:500 leverage built for aggressive, high-volume traders.
Core features compared head-to-head.
| Feature | CI City Index | AC Aetos Capital |
|---|---|---|
| Overview | ||
| Rating | 4.1 / 5 | 3.4 / 5 |
| Founded | 1983 | 2013 |
| Headquarters | London, UK | Sydney, Australia |
| Regulation | FCA, ASIC, MAS | ASIC, FCA |
| Fees & Limits | ||
| Min Deposit | $0 | $50 |
| Spreads From | 0.5 pips | 0 pips |
| Commission | None | $3.5/lot |
| Max Leverage | 1:200 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
| Markets Offered | Cfd, Forex, Stocks, Indices, Commodities | Forex, Cfd, Indices, Commodities, Crypto |
City Index
$0
Aetos Capital
$50
City Index
0.5 pips
Aetos Capital
0 pips
City Index
None
Aetos Capital
$3.5/lot
City Index
None
Aetos Capital
None
City Index
None
Aetos Capital
None
City Index is the stronger all-round broker, earning a 4.1/5 rating on our independent scale compared to Aetos Capital's 3.4/5. It wins on regulatory depth, cost accessibility, and beginner-friendliness, while Aetos Capital only pulls ahead on raw spread pricing for high-volume traders comfortable paying a per-lot commission.
City Index is licensed by three tier-1 regulators — the FCA, ASIC, and MAS — giving it one of the broadest regulatory footprints in this comparison. Founded in 1983 and headquartered in London, it has over four decades of operating history behind it, which matters when evaluating long-term platform stability.
Aetos Capital, by contrast, holds licences from ASIC and FCA, both respected regulators, but with one fewer jurisdiction covered than City Index. Founded in 2013 and based in Sydney, it's a considerably younger firm with a shorter compliance track record.
For traders who prioritize maximum regulatory redundancy and capital protection across multiple jurisdictions, City Index has a clear structural edge. Aetos Capital's coverage is still solid, but it doesn't quite match the depth of City Index's licensing portfolio.
This is the one category where Aetos Capital genuinely shines. Its spreads start from 0 pips, undercutting City Index's 0.5 pip starting spread, making it attractive to scalpers and high-frequency traders chasing raw pricing.
However, that headline spread comes with a catch: Aetos Capital charges a commission of $3.5 per lot, whereas City Index charges no per-trade commission at all. Depending on trade size and frequency, City Index's all-in cost can end up more competitive than it first appears.
Neither broker charges deposit or withdrawal fees, so funding costs are a non-issue on both sides. Overall, Aetos Capital wins on quoted spread, but City Index's commission-free model may appeal more to traders who dislike calculating blended costs.
City Index requires no minimum deposit at all, making it exceptionally easy for beginners or cautious traders to open an account and test the waters without committing capital upfront.
Aetos Capital requires a $50 minimum deposit. That's still a low barrier by industry standards, but it's a meaningful difference for traders who want to start with absolutely no funding commitment.
This accessibility gap is a key reason City Index earns our 'Best for Beginners' award in this matchup.
City Index offers its own Proprietary Web and Mobile platforms alongside MT4, giving traders a choice between a polished in-house experience and the familiarity of the industry-standard terminal. Its market menu spans CFDs, forex, stocks, indices, and commodities.
Aetos Capital sticks to MT4 and MT5, appealing to traders who prefer the MetaTrader ecosystem exclusively and want access to MT5's expanded order types and asset classes. Its market range includes forex, CFDs, indices, commodities, and crypto — notably including crypto exposure that City Index's list does not mention.
Traders who want proprietary tools and broader equity/index access may lean toward City Index, while those wanting a pure MetaTrader experience with crypto markets may prefer Aetos Capital.
Aetos Capital offers considerably higher maximum leverage at 1:500, compared to City Index's 1:200 cap. For experienced traders seeking greater capital efficiency, this could be a meaningful advantage.
Higher leverage, however, also means higher risk exposure per dollar deposited, and less experienced traders should treat this as a double-edged feature rather than an automatic pro.
City Index's more conservative 1:200 ceiling aligns with its positioning as a broker better suited to newer or risk-conscious traders, reinforcing the overall theme of this comparison.
Weighing all factors, City Index earns the higher overall rating at 4.1/5 versus Aetos Capital's 3.4/5, driven by stronger regulation, zero minimum deposit, and no-commission pricing. It takes our awards for Best Overall, Best for Beginners, and Best for Regulation.
Aetos Capital isn't without merit — it wins Best for Low Fees thanks to its 0 pip spreads and remains a reasonable pick for traders who specifically want higher leverage or crypto market access via MetaTrader.
For most traders, though, City Index's broader regulatory coverage and lower cost of entry make it the safer, more versatile choice in 2026.
The bottom line — category winners and our final pick based on ratings.
City Index edges out Aetos Capital overall based on our expert rating score.
Highest Rated
City Index
4.1 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (4.1/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.