Broker comparison

City Index vs CMC Markets

Both are rated "Strongly Trusted" in our records. They share FCA and MAS as a listed regulator. This is a comparison of records, not a recommendation.

City Index

Strongly Trusted
9.5 / 10
Full City Index record

CMC Markets

Strongly Trusted
9.5 / 10
Full CMC Markets record

Side by side

City IndexCMC Markets
Verdict
Strongly Trusted
Strongly Trusted
Score
9.5 / 10
9.5 / 10
Regulators listed
FCA, MAS
CIRO, FCA, FMA, MAS
Number of regulators
2
4
FCA register
Registered
Registered
FCA warning
None recorded
None recorded
Record basis
Reviewed
Reviewed
Record updated
18 Jun 2026
18 Jun 2026

Regulators compared

Shared

FCA, MAS

Only City Index

None

Only CMC Markets

CIRO, FMA

What each licence means for clients is on the regulator pages, for example the FCA, MAS, FMA pages, or browse all regulators.

Frequently asked questions

Is City Index or CMC Markets better regulated?
Regulation depends on the licensed entity, not the brand. In our records City Index lists FCA and MAS and CMC Markets lists CIRO, FCA, FMA and MAS. Check each licence on the regulator's register.
Which has the higher verdict, City Index or CMC Markets?
Both are rated "Strongly Trusted" in our records. They share FCA and MAS as a listed regulator. This is a comparison of records, not a recommendation.
Do City Index and CMC Markets share a regulator?
Yes: FCA and MAS.

Compared on record fields only. We hold no spreads, fees or user ratings for these brokers, so this page does not compare them. See how we verify.

We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Check City Index or CMC Markets in Ask

Ask answers from the verified registry with sources, and covers anything a record does not.