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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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
Trust rank #11 · Founded 2024
ScoreCM is a forex broker offering online access to currency and CFD markets via web and mobile platforms, with account options, trading tools, education, and customer support. Verify its regulatory status, fees,…
Read the ScoreCM reviewCity 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. ScoreCM (founded 2024) holds 9 regulatory licences (MW, DOM, PH, NG, KE…), offers MT5 and sits in our low-fee bracket. The two overlap in 202 countries; City Index is available in 28 countries where ScoreCM is not, and ScoreCM in 1 where City Index is not.
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.
| Criteria | City Index | ScoreCM |
|---|---|---|
| Trust rank | #16 | #11 |
| Founded | 1983 | 2024 |
| Headquarters | United Kingdom | Not verified |
| Regulators | ASIC, FCA | MW, DOM, PH, NG, KE, ZA, UG, TZ, GH |
| Broker type | Market Maker | Market Maker |
| Platforms | MT4, Proprietary | MT5 |
| Instruments | Commodities, Forex, Indices, Metals | Commodities, Forex, Indices, Metals |
| Countries accepted | 230 countries | 203 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Retail Trading | Professional Trading, Retail 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.
Available at both (202): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia and 162 more.
Only City Index (28): Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and 3 more.
Only ScoreCM (1): Canada.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
ScoreCM holds more regulatory licences: City Index (ASIC, FCA) versus ScoreCM (MW, DOM, PH, NG, KE, ZA, UG, TZ, GH). Tier-1 licences: City Index 2, ScoreCM 0.
City Index offers MT4, Proprietary; ScoreCM offers MT5.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
City Index is the older of the two, founded in 1983; ScoreCM was founded in 2024.
They overlap in 202 countries. City Index is additionally available in 28 countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia and 22 more) and ScoreCM in 1 countries (Canada).
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.