Brokers Profile
Reviewed by Experts Updated 10/3/2026

City Index vs EasyEquities: Which Broker Wins in 2026?

City Index and EasyEquities serve very different types of investors, yet both claim a spot on many traders' shortlists. Our research puts City Index ahead overall with a 4.1/5 rating against EasyEquities's 3.2/5, largely on the back of regulation and platform depth. But EasyEquities still has a card to play on raw spread cost.

OVERALL WINNER
CI

City Index

4.1 / 5Score: 3 / 4

Four decades of regulatory pedigree meets multi-asset trading power with MT4 support.

Min deposit
$0
Max leverage
1:200
Spread from
0.5 pips
Regulators
FCA, ASIC, MAS
E

EasyEquities

3.2 / 5Score: 1 / 4

A straightforward, low-cost gateway into stocks, ETFs, and crypto for cost-conscious long-term investors.

Min deposit
$0
Max leverage
1:1
Spread from
0 pips
Regulators
FSCA
Overall Winner
City Index
Best for Beginners
City Index
Lowest Fees
EasyEquities
Top Regulation
City Index

Side-by-side comparison

Core features compared head-to-head.

Feature
CI
City Index
E
EasyEquities
Overview
Rating4.1 / 53.2 / 5
Founded19832014
HeadquartersLondon, UKJohannesburg, South Africa
RegulationFCA, ASIC, MASFSCA
Fees & Limits
Min Deposit$0$0
Spreads From0.5 pips0 pips
CommissionNone$0.25/lot
Max Leverage1:2001:1
Platforms & Markets
Trading PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Markets OfferedCfd, Forex, Stocks, Indices, CommoditiesStocks, Etf, Crypto

Trading & non-trading fees

Min Deposit

City Index

$0

EasyEquities

$0

Spreads From

City Index

0.5 pips

EasyEquities

0 pips

Commission

City Index

None

EasyEquities

$0.25/lot

Deposit Fees

City Index

None

EasyEquities

None

Withdrawal Fees

City Index

None

EasyEquities

None

Pros & cons

CI

City Index

Pros

  • Backed by three tier-1 regulators for stronger client protection
  • No commission charged on trades
  • Higher leverage ceiling for active traders
  • Broader market coverage across five asset classes
  • MT4 compatibility opens up automated and algo trading
  • Long operating history dating back to 1983
  • Higher overall rating on our independent scoring system

Cons

  • Spreads start at 0.5 pips, wider than EasyEquities's headline rate
  • 1:200 leverage may be excessive risk for inexperienced traders
  • No cryptocurrency market access
  • Platform complexity may feel overwhelming for total beginners
E

EasyEquities

Pros

  • Tighter headline spreads starting from 0 pips
  • No deposit or withdrawal fees
  • Simple, beginner-friendly platform design
  • Access to crypto alongside traditional equities
  • Zero minimum deposit lowers the barrier to entry

Cons

  • Regulated only by the FSCA, a single regional authority
  • No MT4 or advanced charting platform support
  • Maximum leverage capped at 1:1, unsuitable for leveraged strategies
  • Charges $0.25 per lot commission on trades
  • Limited market range compared to multi-asset competitors

Our expert verdict

Editor's verdict

Overall winner City Index
Lowest fees EasyEquities
Best regulation City Index
Better for beginners City Index

City Index is our recommended pick overall, scoring 4.1/5 versus EasyEquities's 3.2/5 on our independent rating system. City Index's edge comes from holding three tier-1 regulatory licences (FCA, ASIC, MAS), broader market access including forex and CFDs, and support for MT4 alongside its proprietary platforms. EasyEquities does claw back ground on pricing, with spreads from 0 pips versus City Index's 0.5 pips, making it worth a look for cost-conscious equity and ETF investors. However, for traders who want multi-asset access, stronger oversight, and a more mature platform ecosystem, City Index is the stronger all-round package.

Regulation & Safety

Regulatory strength is one of the widest gaps between these two brokers. City Index is regulated by the FCA in the UK, ASIC in Australia, and MAS in Singapore — three tier-1 financial authorities known for strict capital adequacy and client fund segregation rules.

EasyEquities, by comparison, is regulated solely by the FSCA in South Africa. While the FSCA is a credible regional regulator, it doesn't carry the same global weight or enforcement track record as the FCA or ASIC.

For traders who prioritize deposit protection and cross-border legal recourse, City Index's multi-jurisdictional oversight is a meaningful advantage. EasyEquities may still suit traders comfortable operating primarily within the South African regulatory framework.

Fees & Spreads

EasyEquities technically wins on headline pricing, advertising spreads from 0 pips compared to City Index's 0.5 pips. However, EasyEquities charges a $0.25 per lot commission, while City Index charges no per-trade commission at all.

Neither broker imposes deposit or withdrawal fees, which is a welcome point of parity for cost-sensitive traders on both sides.

When you factor in the commission structure, City Index's all-in cost on CFD and forex trades can actually be more competitive for active traders, despite the wider quoted spread. EasyEquities's pricing model favors buy-and-hold equity investors making fewer, larger trades.

Trading Platforms & Tools

City Index offers a more complete platform stack: Proprietary Web, Proprietary Mobile, and MT4 support. The inclusion of MT4 is significant for algorithmic traders, EA users, and anyone wanting access to a global library of custom indicators.

EasyEquities keeps things simpler with just its Proprietary Web and Proprietary Mobile apps. These are well-designed for straightforward stock and ETF investing but lack the automation and charting depth serious forex or CFD traders typically expect.

For traders who value platform flexibility and third-party tool compatibility, City Index is the clear winner here.

Market Access & Leverage

City Index provides access to CFDs, forex, stocks, indices, and commodities, with leverage up to 1:200. This breadth makes it suitable for diversified multi-asset strategies and short-term speculative trading.

EasyEquities focuses narrowly on stocks, ETFs, and crypto, with maximum leverage capped at 1:1 — effectively a cash account model with no leveraged trading.

This difference reflects two fundamentally different business models: City Index is built for active traders wanting leveraged exposure across markets, while EasyEquities is designed for long-term investors who want simple, unleveraged ownership of shares and funds.

Account Setup & Accessibility

Both brokers offer a $0 minimum deposit, making either accessible to traders with limited starting capital.

City Index was founded in 1983 and is headquartered in London, giving it over four decades of operating history and institutional credibility. EasyEquities, founded in 2014 and based in Johannesburg, is a newer entrant with a strong regional footprint in South Africa.

New traders wanting a globally recognized brand with a long track record may lean toward City Index, while EasyEquities appeals to those wanting a modern, retail-focused investing app.

Our Verdict

City Index earns our recommendation as the stronger overall broker, scoring 4.1/5 against EasyEquities's 3.2/5. Its combination of tier-1 regulation, multi-asset market access, and MT4 support makes it the more versatile choice for the majority of traders.

EasyEquities remains a legitimate option for cost-conscious equity and ETF investors who value tight spreads and don't need leveraged trading or advanced platform tools.

Ultimately, your choice should hinge on trading style: active multi-asset traders should choose City Index, while simple long-term stock investors in South Africa may find EasyEquities perfectly adequate.

Verdict summary

The bottom line — category winners and our final pick based on ratings.

Editor's verdict

City Index wins overall

City Index edges out EasyEquities overall based on our expert rating score.

CI

Highest Rated

City Index

4.1 / 5 / 5

Visit City Index

Category winners

  • Overall winner

    Based on overall expert rating (4.1/5).

    City Index
  • Better for beginners

    Stronger onboarding and educational resources.

    City Index
  • Lower trading costs

    More competitive spreads and baseline commissions.

    EasyEquities
  • Stronger regulation

    Higher trust based on tier-1 regulatory oversight.

    City Index

Frequently asked questions

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.

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