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

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Data refreshed 25 Sep 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

tastyfx

Trust rank #6 · Editorial rating 10 / 10 · Founded 2019

Tastyfx is a Commodity Futures Trading Commission ("CFTC") registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association ("NFA"). Review its fees,…

Read the tastyfx 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. tastyfx (United States, founded 2019) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket.

Verdict at a glance

  • City Index leads on track record, platform choice, instrument range and country coverage.
  • tastyfx 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 tastyfx: side-by-side data

CriteriaCity Indextastyfx
Editorial ratingNot verified10 / 10
Trust rank#16#6
Founded19832019
HeadquartersUnited KingdomUnited States
RegulatorsASIC, FCACFTC, NFA
Broker typeMarket MakerMarket Maker
PlatformsMT4, ProprietaryProprietary
InstrumentsCommodities, Forex, Indices, MetalsForex
Countries accepted230 countries1 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingSpot 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)

tastyfx

  • Competitive spreads and commissions, advanced trading platforms, strong regulatory oversight, educational resources, responsive customer support.

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

tastyfx

  • U.S.-only client eligibility
  • Forex-only product scope
  • No MT4/MT5 or cTrader support
  • Leverage capped at 50:1

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

tastyfx

  • CFTC and NFA regulated via IG US LLC
  • Spot forex trading across major minor and exotic pairs
  • Advanced web and mobile platforms with pro charting indicators and one click trading
  • Spread only pricing with competitive spreads and no commissions
  • Risk management tools including stop limit and trailing stop orders and price alerts
  • Integrated research economic calendar and tastylive education

Country availability: City Index vs tastyfx

Only City Index (230): 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 205 more.

Only tastyfx (1): United States of America.

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 tastyfx: common questions

Which broker is more regulated, City Index or tastyfx?

City Index holds more regulatory licences: City Index (ASIC, FCA) versus tastyfx (CFTC, NFA). Tier-1 licences: City Index 2, tastyfx 2.

Which trading platforms do City Index and tastyfx offer?

City Index offers MT4, Proprietary; tastyfx offers Proprietary.

Which has lower fees, City Index or tastyfx?

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 tastyfx?

City Index is the older of the two, founded in 1983; tastyfx was founded in 2019.

Are City Index and tastyfx available in the same countries?

They overlap in 0 countries. City Index is additionally available in 230 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 224 more) and tastyfx in 1 countries (United States of America).

Keep comparing

City Index

tastyfx

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.