CityIndex vs Alpari International Broker Comparison

Are you trying to figure out which is a better broker, CityIndex or Alpari International? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that CityIndex is the better of the two. CityIndex offers 4,500+ instruments, licenses from FCA, ASIC, and fair trading fees.

In the tables below, you can compare the features of CityIndex and Alpari International side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked CityIndex higher than Alpari International.

Rating
94.5/100
90/100
Min. Deposit
150$
5$
Regulated By
FCAFCA
ASICASIC
FCAFCA
Bonus
No Information
Cashback
Min. Spread
0.5
1.2
Max. Leverage
1:500
1:1000
Currency Pairs
84
60
Trading Instruments
4,500+
90+
Trading Platforms
MT4, WebTrader, Private
MT4, MT5, mobile
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, PayID, PayPal and more
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Type of Brokers
Market Maker
STP/ECN
Customer Support
24/5
24/5
Language Support
1
8
Established
1983
1998
Used By
100,000+ Traders
2,000,000+ Traders

Does CityIndex or Alpari International have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive CityIndex and Alpari International are, we first considered the common fees on Standard Accounts. At CityIndex the average spread for the EUR/USD currency pair is 0.5 pips, whilst at Alpari International the spread is 1.2.

This shows that CityIndex is the better option for low-cost forex trading.

When it comes to non-trading fees, CityIndex charges for inactivity. Alpari International charges for inactivity. With this in mind, both brokers offer similar non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, CityIndex or Alpari International?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

CityIndex is regulated by FCA, ASIC and offers client protection. Alpari International is regulated by FCA and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that CityIndex is the safer broker.

Broker summary

How many trading instruments are available at CityIndex and Alpari International?

CityIndex provides traders with 4,500+ instruments. This includes 84 currency pairs, 5 cryptocurrencies, and 4,500 stocks and shares. With CityIndex, you can also trade CFDs.

In comparison, Alpari International boasts 90+ tradable instruments. Alpari International offers 60 currency pairs, 4 cryptocurrencies, and 10 stocks and shares. Alpari International also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, CityIndex or Alpari International?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

CityIndex provides you with the ability to trade via 3 trading platforms, and Alpari International has 3 trading platforms, too. Both brokers also offer research and trading tools, however CityIndex has more.

Overall, our experts agree that CityIndex boasts the better trading platform offering.

Research Tools

Which is better for beginners, CityIndex or Alpari International?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that CityIndex is the better broker for beginner traders as it offers a larger range of educational tools and materials. CityIndex also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that CityIndex is the better broker in a range of key areas. You can learn more by reading our CityIndex and Alpari International reviews.

CityIndex vs Alpari International
CityIndex
94.5
Points
Alpari International
90
Points
Overall
4 points
CityIndex
92
Points
Alpari International
92
Points
Commissions & Fees
CityIndex
98
Points
Alpari International
93
Points
Licensing & Safety
5 points
CityIndex
97
Points
Alpari International
90
Points
Trading Platforms & Tools
7 points
CityIndex
95
Points
Alpari International
96
Points
Payments
1 points
CityIndex
94
Points
Alpari International
96
Points
Customer Service
2 points
CityIndex
91
Points
Alpari International
88
Points
Educational
3 points
Open Account in CityIndex