City Index Overview
| Website | cityindex.com |
| Year Founded | 1983 |
| Countries of Registration | United Kingdom, Australia, Singapore, United Arab Emirates |
| Website Languages | English, German, Spanish, Japanese, Simplified Chinese |
| Regulators | FCA, ASIC, MAS, FSRA‑ADGM |
| Broker Type | MM |
| Dealing | B‑book |
| Minimum Deposit | $1 |
| Account Currencies | GBP, USD, EUR, AUD, SGD, CHF, PLN |
| Spread | low |
| Trading Platforms | WebTrader, MetaTrader 4 (MT4), TradingView |
| Trading Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies |
Brief look at City Index
City Index is a broker owned by StoneX, founded in 1983. The company offers more than 13,000 markets, ranging from currency pairs and global indices to spread betting in the UK. Trading is available on web, desktop, and mobile platforms: MT4 and TradingView. Regulated by the FCA, ASIC, MAS, and ADGM, the broker offers low floating spreads from 0.7 pips, guaranteed stop losses, negative balance protection, and VIP rebates for active traders.
Pros
- Low minimum deposit and fast onboarding
- 80+ FX pairs plus 13000 CFDs & spread bets
- Tier‑1 regulation (FCA, ASIC, MAS) and FSCS cover
- Choice of WebTrader, MT4 and TradingView
- Guaranteed stop‑loss orders & negative‑balance protection
Cons
- Retail leverage capped at 1:30 in UK/EU
- No crypto deposits and no deposit bonuses
Is City Index available in my country?
We just checked and
City Index doesn't accept clients from United States!
Your capital is at risk
City Index Reviews
City Index has been a fantastic broker for my forex trading. The demo account allowed me to practice before making a minimum deposit. Their MT4 platform is user-friendly and the spreads are competitive. Highly recommend!
10/15/2023I recently signed up with City Index and I'm quite pleased. The mobile app is convenient for trading on the go. The withdrawal time is reasonable, and the leverage options are great for maximizing my trades.
9/22/2023My experience with City Index has been decent. The account types are varied, but I had some issues with the login process initially. The rebates are nice, but I expected faster withdrawal times.
8/30/2023I've been trading with City Index for a few months now, and their MT4 platform is quite solid. The spreads are quite manageable, and the bonus for new users was a nice touch. Customer support is responsive, which is a plus.
7/15/2023City Index offers a great range of trading options and the demo account is useful for beginners. The download process for their app was simple, and I'm enjoying the diverse account types they provide.
9/5/2023Leave a Review
Is City Index regulated?
| Companies | StoneX Financial Ltd (UK), StoneX Financial Pty Ltd (AU), City Index Asia Pte Ltd (SG), StoneX Financial (ME) Ltd (UAE) |
| Countries | United Kingdom, Australia, Singapore, United Arab Emirates |
| Regulators | FCA, ASIC, MAS, FSRA‑ADGM |
| Investor Protection | FSCS |
| Investor Protection Size | £85000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
City Index Account Types
| Property | Standard | Fixed Spread |
|---|---|---|
| Min Deposit | $1 | $0 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Fixed |
| Execution | Market | Instant |
| Min Spread | 0.7 pips | 1 pips |
| Fee | No | No |
| Max Leverage | 1:400 | 1:400 |
| Stop Out | 50% | 50% |
| Margin Call | 100% | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
City Index Funding and Fees
| Base currencies | GBP, USD, EUR, AUD, SGD, CHF, PLN |
| Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, PayPal |
| Inactivity fee | £12/month after 12 months of inactivity |
| Interest on margin | |
| Withdrawal Fee |
City Index Trading Platforms and Conditions
| Trading Platforms | WebTrader, MetaTrader 4 (MT4), TradingView |
| Execution Speed | 20 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
City Index Trading Assets
| Currencies | 84 |
| Indices | 21 |
| Stocks | 4500 |
| Cryptocurrencies | 25 |
| Bonds | 0 |
| Metals | 8 |
| Energies | 4 |
| Soft Commodities | 9 |
| ETFs | 100 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
City Index Support
| support@cityindex.com | |
| Phone | +442075508500 |
| YouTube | YouTube |
City Index Alternatives
| Broker | City Index | IG | Plus500 | Pepperstone | AvaTrade |
|---|---|---|---|---|---|
| Type | MM | MM, DMA | MM | ECN, DMA | MM |
| Minimum Deposit | $1 | $1 | $100 | $1 | $100 |
| Regulators | FCA, ASIC, MAS, FSRA‑ADGM | FCA, BMA, BaFin, FSAN, AFM, CONSOB, CNMV, ACPR, FI, FINMA, NFA, CFTC, ASIC, NZ FMA, JFSA, JFFA, MAS, FSCA, DFSA | CySEC, FCA, ASIC, NZ FMA, FSCA, SFSA, EFSA, MAS, CFTC, NFA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO |
| Platforms | WebTrader, MetaTrader 4 (MT4), TradingView | MetaTrader 4 (MT4), IG Trading Platform, L2 Dealer | Plus500 | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO |
| Spread | low | average | average | low | low |
| Leverage | 1:400 | 1:200 | 1:30 | 1:500 | 1:400 |
| Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
Is City Index Right for You?
City Index stands out as a robust broker, offering a wide range of assets with over 13,000 markets, including forex, indices, shares, commodities, and cryptocurrencies. With low minimum deposits, fast onboarding, and tier-1 regulation by authorities such as the FCA and ASIC, traders can enjoy a secure trading environment. The availability of platforms like MT4 and TradingView, combined with features like guaranteed stop-loss orders and negative balance protection, enhances the trading experience for both novice and experienced traders. However, there are notable drawbacks to consider. Retail leverage is capped at 1:30 for traders in the UK and EU, which may limit potential profits for some investors. Additionally, City Index does not allow for crypto deposits or offer deposit bonuses, which could deter traders looking for more flexibility and incentives. In conclusion, City Index is highly recommended for traders seeking a regulated broker with a diverse asset range and reliable trading conditions. However, those who prioritize high leverage options or wish to trade cryptocurrencies may find better alternatives elsewhere.
FAQ
Is City Index safe?
How does City Index make money?
What is the minimum deposit for City Index?
How do I deposit funds in a City Index account?
How do I withdraw money from City Index?
How much is the maximum leverage at City Index?
What trading platforms does City Index offer?
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
