Head to head
IG vs City Index
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
47/100Higher score | 46/100 | |
|---|---|---|
| Category rank | #7 | #6 |
| Confidence | High confidence | High confidence |
| External Reputation | 76 | 79 |
| AI Authority | 5 | 0 |
| Web Authority | 42 | 38 |
| Expert Assessment | 66 | 69 |
| TOP10 User Score | — | — |
| Pricing | Commission-free investing; CFD minimum spreads from 0.3 bps (Spot Gold) / 0.4 (S&P 500) / 0.6 (EUR/USD) · free tier: No subscription; account opening, closing and maintenance are free and there is no inactivity fee on CFD and spread betting accounts | Standard account: variable spreads from 0.8pts, no commission (MT4 account from 0.5pts) · free tier: Demo account available; no account fee |
| Pricing model | Usage-based | Usage-based (spread + commission + overnight financing; no subscription) |
| Best for | Active UK traders who want CFDs or spread betting plus an ISA/SIPP with one provider, value platform choice (MT4, TradingView, ProRealTime, DMA) and trade intermittently enough that a rival's dormancy fee would bite. | Regularly-active UK retail traders who want one FCA-regulated account covering both spread betting and CFDs across an unusually wide market range, value TradingView charting or MT4 automation, and hold £20k+ in cash they would like to earn interest on. |
| Avoid if | You need guaranteed fast withdrawals or responsive human support, trade news events at high frequency, deal in altcoins outside BTC/ETH/SOL at 1.49%, or are inexperienced — IG's own site states 69% of its retail accounts lose money. | You trade occasionally or leave accounts dormant (the inactivity fee keeps running post-suspension), need fast frictionless withdrawals, scalp around news events, trade single-stock CFDs in small size, want raw ECN spreads and many base currencies, or want to own the underlying asset. |
| Markets | Retail traders, Professional clients, Institutional (IG Prime) | Retail traders, Active/high-frequency traders, Corporate accounts, Professional traders |
| Founded | 1974 | — |
| Headquarters | London, United Kingdom | United Kingdom |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.