CI
City Index
4.1 / 5Score: 2 / 3
A four-decade-old multi-asset powerhouse offering deep regulation and genuine platform choice for serious traders.
- Min deposit
- $0
- Max leverage
- 1:200
- Spread from
- 0.5 pips
- Regulators
- FCA, ASIC, MAS
Reviewed by Experts Updated 10/9/2026
City Index vs Revolut Trading: Which Broker Wins in 2026?
City Index and Revolut Trading serve very different kinds of investors, one a veteran multi-asset CFD and forex broker, the other a mobile-first investing app bolted onto a fintech super-app. Our research puts City Index ahead overall with a 4.1/5 rating against Revolut Trading's 3.3/5, though Revolut Trading claws back ground on raw spread pricing.
RT
Revolut Trading
3.3 / 5Score: 1 / 3
A fintech-native investing app delivering ultra-tight spreads straight from the Revolut banking ecosystem.
- Min deposit
- $0
- Max leverage
- 1:5
- Spread from
- 0 pips
- Regulators
- FCA, CySEC
Overall Winner
City Index
Best for Beginners
City Index
Lowest Fees
Revolut Trading
Top Regulation
City Index
Side-by-side comparison
Core features compared head-to-head.
| Feature | CI City Index | RT Revolut Trading |
|---|---|---|
| Overview | ||
| Rating | 4.1 / 5 | 3.3 / 5 |
| Founded | 1983 | 2018 |
| Headquarters | London, UK | London, UK |
| Regulation | FCA, ASIC, MAS | FCA, CySEC |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0.5 pips | 0 pips |
| Commission | None | None |
| Max Leverage | 1:200 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile, MT4 | Revolut App |
| Markets Offered | Cfd, Forex, Stocks, Indices, Commodities | Stocks, Etf, Crypto, Commodities |
Trading & non-trading fees
Min Deposit
City Index
$0
Revolut Trading
$0
Spreads From
City Index
0.5 pips
Revolut Trading
0 pips
Commission
City Index
None
Revolut Trading
None
Deposit Fees
City Index
None
Revolut Trading
None
Withdrawal Fees
City Index
None
Revolut Trading
None
Pros & cons
CI
City Index
Pros
- Backed by three tier-1 regulators for stronger fund safety
- Offers leverage up to 1:200, well above many mobile-first rivals
- Supports MT4 alongside proprietary platforms for flexibility
- Covers five distinct market categories for diversified trading
- No deposit or withdrawal fees on either direction
- Long operating track record dating back to 1983
- Zero minimum deposit lowers the entry barrier
Cons
- Spreads from 0.5 pips are higher than Revolut Trading's headline pricing
- No cryptocurrency market access unlike its competitor
- Proprietary platforms require a learning curve for newcomers
- Higher leverage increases risk exposure for inexperienced traders
RT
Revolut Trading
Pros
- Tightest headline spreads in this comparison starting from 0 pips
- No deposit or withdrawal fees charged
- Zero minimum deposit required to start investing
- Seamless integration with everyday Revolut banking features
- Simple, beginner-friendly single-app experience
Cons
- Only two regulatory licences compared to City Index's three
- Maximum leverage capped at just 1:5
- No MT4 or desktop platform support whatsoever
- No dedicated forex market access listed
- Narrower four-category market selection
Our expert verdict
Editor's verdict
Overall winner City Index
Lowest fees Revolut Trading
Best regulation City Index
Better for beginners City Index
City Index is our recommended pick overall, scoring 4.1/5 versus Revolut Trading's 3.3/5 on our proprietary rating system. It wins on regulatory depth (FCA, ASIC, MAS versus FCA, CySEC), leverage ceiling (1:200 vs 1:5), platform choice, and market breadth. Revolut Trading remains a credible alternative purely on pricing, with spreads from 0 pips versus City Index's 0.5 pips, making it worth a look for cost-focused casual investors who don't need CFDs or forex leverage.
Regulation & Safety
City Index operates under the oversight of three tier-1 regulators: the FCA in the UK, ASIC in Australia, and MAS in Singapore. That kind of multi-jurisdictional licensing is typically reserved for larger, more established brokers with the compliance infrastructure to satisfy multiple strict regulatory regimes simultaneously.
Revolut Trading, by comparison, is regulated by the FCA and CySEC. While both are respected regulators, CySEC is generally viewed as a lighter-touch framework than ASIC or MAS, meaning Revolut Trading's overall regulatory footprint is comparatively thinner.
For traders who prioritize fund safety and broker longevity, City Index's founding year of 1983 versus Revolut Trading's 2018 launch is also a meaningful data point. Decades of uninterrupted regulatory compliance carry weight that a newer fintech entrant simply hasn't had time to establish.
Fees, Spreads & Commissions
This is the one category where Revolut Trading pulls ahead. It advertises spreads starting from 0 pips, undercutting City Index's quoted spread from of 0.5 pips. Neither broker charges a trading commission on top of spreads.
Both platforms also share identical policies on account costs: no deposit fees, no withdrawal fees, and a $0 minimum deposit requirement, so the barrier to entry is equally low on both sides.
That said, spread headline figures don't tell the whole story. City Index's 0.5 pip starting spread applies across a much wider range of instruments including forex, indices, and commodities, whereas Revolut Trading's pricing structure is built around its simplified stock, ETF, and crypto investing experience rather than leveraged CFD or forex trading.
Trading Platforms & Technology
City Index gives traders a genuine choice of three platforms: its own Proprietary Web platform, a Proprietary Mobile app, and the industry-standard MT4. This flexibility suits everyone from casual mobile traders to algorithmic and automated strategy users who rely on MT4's Expert Advisor ecosystem.
Revolut Trading, in contrast, is accessible exclusively through the Revolut App. There's no desktop terminal, no MT4 compatibility, and no dedicated charting workstation, which limits its appeal to traders who need advanced technical analysis tools or automation.
For hands-on chartists and active day traders, City Index's platform depth is a clear structural advantage. For passive investors who just want quick, app-based access alongside their everyday banking, Revolut Trading's single-app simplicity is arguably a feature rather than a flaw.
Market Access & Instruments
City Index covers CFDs, forex, stocks, indices, and commodities, a genuinely diversified five-category spread that supports both directional speculation and broader portfolio-style investing.
Revolut Trading offers stocks, ETFs, crypto, and commodities, four categories that skew toward buy-and-hold retail investing and cryptocurrency exposure rather than leveraged short-term trading.
Crucially, City Index supports forex trading with leverage up to 1:200, while Revolut Trading caps leverage at just 1:5 and does not list forex as a core tradable market. Active forex and CFD traders will find City Index far better equipped for their needs.
Our Verdict
Weighing regulation, platform choice, leverage, and market breadth against Revolut Trading's narrower pricing advantage, City Index comes out on top with a 4.1/5 rating versus 3.3/5. It's simply the more complete package for serious forex and CFD traders.
Revolut Trading isn't a bad broker, it's just a different product aimed at a different audience. Its tight 0 pip spreads and seamless integration with the Revolut banking app make it a sensible secondary account for casual stock and crypto investors.
Our recommendation: choose City Index if you want depth of regulation, platform variety, and access to leveraged forex and CFD markets. Choose Revolut Trading only if you're already embedded in the Revolut ecosystem and your needs are limited to simple stock, ETF, or crypto investing.
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 Revolut Trading overall based on our expert rating score.
CI
Highest Rated
City Index
4.1 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (4.1/5).
City IndexBetter for beginners
Stronger onboarding and educational resources.
City IndexLower trading costs
More competitive spreads and baseline commissions.
Revolut TradingStronger regulation
Higher trust based on tier-1 regulatory oversight.
City Index
Frequently asked questions
Based on our independent rating methodology, City Index scores higher overall at 4.1/5 compared to Revolut Trading's 3.3/5. City Index's advantage comes primarily from its broader regulatory coverage, wider market selection, and support for multiple trading platforms including MT4. The right choice still depends on whether you need leveraged forex and CFD access or simple stock and crypto investing.
Revolut Trading advertises spreads from 0 pips, technically undercutting City Index's quoted spread from of 0.5 pips. However, neither broker charges a commission, deposit fee, or withdrawal fee, so the practical cost difference depends heavily on which specific instruments and account types you actually trade.
Both brokers share an identical $0 minimum deposit requirement, meaning there's no capital barrier preventing you from opening an account with either City Index or Revolut Trading and funding it with whatever amount suits your trading plan.
City Index holds licences from three tier-1 regulators: the FCA, ASIC, and MAS. Revolut Trading is regulated by the FCA and CySEC. City Index's broader multi-jurisdiction coverage gives it a stronger regulatory safety profile overall.
Only City Index supports MT4, alongside its own Proprietary Web and Proprietary Mobile platforms. Revolut Trading is accessible solely through the Revolut App and does not offer MT4 or any third-party desktop trading terminal.
City Index supports forex trading with leverage up to 1:200, making it the clear choice for leveraged currency trading. Revolut Trading caps leverage at just 1:5 and does not prominently list forex among its core tradable markets, focusing instead on stocks, ETFs, crypto, and commodities.
Revolut Trading includes crypto among its four core market categories, alongside stocks, ETFs, and commodities. City Index does not list crypto as a supported market, focusing instead on CFDs, forex, stocks, indices, and commodities.
Yes, there's nothing stopping you from holding accounts at both City Index and Revolut Trading simultaneously. Many traders use City Index for leveraged forex and CFD exposure while keeping a Revolut Trading account for casual stock, ETF, or crypto investing within their everyday banking app.
City Index was founded in 1983, giving it over four decades of operating history and regulatory track record. Revolut Trading is comparatively new, launched in 2018 as part of the broader Revolut fintech ecosystem.
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.