Lucas L Perez

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Are City Index’s spreads and fees competitive compared to IG or CMC Markets?

City Index offers competitive spreads across major forex pairs, with EUR/USD spreads starting from 0.5 pips on its commission-free accounts. Unlike ECN-style brokers, City Index incorporates costs into spreads, making it simpler for retail traders. Compared with IG and CMC Markets, City Index’s spreads are very competitive, particularly for forex. For indices, commodities, and shares, costs are generally in line with industry averages. Independent reviews often note that City Index provides a strong balance of cost-effectiveness and reliability, especially considering its regulatory strength and research tools.