City Index
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
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.
Four decades of regulatory pedigree meets multi-asset trading power with MT4 support.
A straightforward, low-cost gateway into stocks, ETFs, and crypto for cost-conscious long-term investors.
Core features compared head-to-head.
| Feature | CI City Index | E EasyEquities |
|---|---|---|
| Overview | ||
| Rating | 4.1 / 5 | 3.2 / 5 |
| Founded | 1983 | 2014 |
| Headquarters | London, UK | Johannesburg, South Africa |
| Regulation | FCA, ASIC, MAS | FSCA |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0.5 pips | 0 pips |
| Commission | None | $0.25/lot |
| Max Leverage | 1:200 | 1:1 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
| Markets Offered | Cfd, Forex, Stocks, Indices, Commodities | Stocks, Etf, Crypto |
City Index
$0
EasyEquities
$0
City Index
0.5 pips
EasyEquities
0 pips
City Index
None
EasyEquities
$0.25/lot
City Index
None
EasyEquities
None
City Index
None
EasyEquities
None
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.
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.
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.
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.
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.
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.
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.
The bottom line — category winners and our final pick based on ratings.
City Index edges out EasyEquities 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.