City Index vs Fineco (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

City Index

Trust rank #16 · Founded 1983

City Index is a well-regarded, regulated forex broker offering forex and CFD trading across a broad range of markets via web and mobile platforms, supported by research, charting, and risk management tools.…

Read the City Index review

Fineco

Trust rank #14 · Founded 1999

Fineco forex broker offers a multi-asset trading platform with broad currency pair access, built-in research, charting, and risk management tools. It delivers a streamlined web and mobile experience for order placement and…

Read the Fineco review

City Index (United Kingdom, founded 1983) holds 2 regulatory licences (ASIC, FCA), 2 of them tier-1, offers MT4, Proprietary and sits in our low-fee bracket. Fineco (Italy, founded 1999) holds 2 regulatory licences (CONSOB, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 2 countries; City Index is available in 228 countries where Fineco is not, and Fineco in 0 where City Index is not.

Verdict at a glance

  • City Index leads on track record, platform choice, instrument range and country coverage.
  • Fineco leads on trust rank.
  • Level on regulatory coverage, fee level and tier-1 licences.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

City Index vs Fineco: side-by-side data

CriteriaCity IndexFineco
Trust rank#16#14
Founded19831999
HeadquartersUnited KingdomItaly
RegulatorsASIC, FCACONSOB, FCA
Broker typeMarket MakerMarket Maker
PlatformsMT4, ProprietaryProprietary
InstrumentsCommodities, Forex, Indices, MetalsForex
Countries accepted230 countries2 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading
Best-for use casesRetail TradingRetail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

City Index

  • Tier-1 regulation (FCA/ASIC/MAS)
  • Competitive FX spreads
  • Fast execution and deep liquidity
  • Proprietary web/mobile platforms + MT4 support
  • Guaranteed Stop-Loss Orders (GSLO)

Fineco

  • EU-regulated bank broker; segregated client funds
  • Negative balance protection (ESMA)
  • Proprietary PowerDesk platform with advanced charting and order types
  • Multicurrency account with instant FX conversion
  • Competitive variable spreads on major FX pairs

Cons

City Index

  • Inactivity fee applies
  • No MetaTrader 5 or cTrader support
  • Spread-only pricing; no raw ECN account
  • Average FX spreads vs low-cost peers
  • Not available to U.S. residents

Fineco

  • No MetaTrader (MT4/MT5) or cTrader support
  • Retail leverage capped at 1:30 (ESMA/UK)
  • Smaller FX pair selection vs top brokers
  • No social/copy trading features
  • No open API for automated trading

Key features

City Index

  • Multi asset trading Forex CFDs and Spread Betting
  • Tier one regulation FCA ASIC MAS and client fund protection
  • Advanced platforms Web Trader Mobile and MetaTrader 4
  • Smart Signals performance analytics and advanced charting tools
  • Guaranteed Stop Loss Orders and negative balance protection
  • Fast execution competitive spreads and deep liquidity

Fineco

  • EU Bank Regulated by Bank of Italy and CONSOB
  • Forex CFDs with ESMA Leverage up to 30 to 1
  • Proprietary Platforms PowerDesk Web and Mobile
  • Advanced Charting and Order Types including Trailing Stops
  • Multicurrency Accounts and Real Time FX Conversion
  • Negative Balance Protection for Retail Clients

Country availability: City Index vs Fineco

Available at both (2): Italy, United Kingdom.

Only City Index (228): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire and 203 more.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

City Index vs Fineco: common questions

Which broker is more regulated, City Index or Fineco?

City Index holds more regulatory licences: City Index (ASIC, FCA) versus Fineco (CONSOB, FCA). Tier-1 licences: City Index 2, Fineco 2.

Which trading platforms do City Index and Fineco offer?

City Index offers MT4, Proprietary; Fineco offers Proprietary.

Which has lower fees, City Index or Fineco?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, City Index or Fineco?

City Index is the older of the two, founded in 1983; Fineco was founded in 1999.

Are City Index and Fineco available in the same countries?

They overlap in 2 countries. City Index is additionally available in 228 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 222 more) and Fineco in 0 countries ().

Keep comparing

City Index

Fineco

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.