City Index is a StoneX Group broker founded in 1983, focused on UK and Australian retail CFDs at 1:30 leverage. If you want higher leverage and an MT5 ECN account, here is how LHFX compares.
LHFX charges $3 per side, opens at $10, offers up to 1:500 leverage, and typically processes withdrawals in under 20 minutes via auto-payout on MT5.
LHFX vs City Index at a glance.
| Feature | LHFX | City Index |
|---|---|---|
| Commission | $3 per side ($6 per lot round-turn) | Spread-only on FX (commission on shares) |
| Minimum Deposit | $10 | Low minimum (varies by entity) |
| Spreads | From 0.0 pips | From 0.5 pips on EURUSD (marketed as low) |
| Leverage | Up to 1:500 | Up to 1:30 retail (FCA, ASIC) |
| Platforms | MT5 | Web Trader (proprietary), MT4, TradingView |
| Instruments | 144 (41 forex pairs) | 4,500+ (80+ forex pairs, heavy on share CFDs) |
| Execution | STP/ECN | STP and ECN routes (StoneX Group) |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | FCA UK, ASIC Australia, MAS Singapore, Central Bank UAE |
| Crypto Withdrawals | Typically under 20 minutes | Not offered |
| Islamic Account | Yes, swap-free with holding fee after grace period | Not publicly advertised in core markets |
The areas where LHFX offers a clear advantage over City Index.
$3 per side ($6 round-turn) at LHFX on raw spreads from 0.0 pips. City Index uses spread-only pricing on FX, which makes total cost harder to compare directly and typically higher for active scalpers.
LHFX offers up to 1:500 leverage. City Index is capped at 1:30 on retail forex under FCA and ASIC rules. That is roughly 16x more buying power per dollar of margin at LHFX.
BTC, ETH, USDT and other crypto rails alongside card. City Index does not offer crypto deposits or withdrawals at retail entities.
LHFX runs MT5 with full ECN execution. City Index leads with its proprietary Web Trader and offers MT4. For traders who specifically want MT5 with raw-spread ECN flow, LHFX is the cleaner fit.
Withdrawals are typically processed in under 20 minutes through the LHFX auto-payout system. City Index processes via bank rails without a published average settlement time, typically 1 to 3 business days.
City Index has genuine strengths. Here is where they come out ahead.
City Index has been operating for over four decades and is part of StoneX Group, a NASDAQ-listed financial services group. That is a depth of operating history LHFX cannot match.
City Index is licensed by the FCA UK, ASIC Australia, MAS Singapore and the Central Bank of UAE. For traders who prioritise tier-1 regulators, that is a stronger footprint than LHFX.
City Index lists over 4,500 share CFDs alongside forex, indices, commodities and bonds. LHFX offers 144 instruments concentrated on forex, indices, commodities, crypto and select stocks.
City Index quotes 80+ currency pairs against 41 at LHFX. If you actively trade exotic crosses, the wider list matters.
Moving from City Index to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. $3 per side commission. 1:500 leverage. Crypto withdrawals typically processed in under 20 minutes.