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City Index Review

Broker Information Security Popularity Payment Spec Instruments Score
Security B
Popularity E
Payment C
Spec E
Instrument A
B
E
C
E
A
score 43
City Index
  Regulation 100  
ASIC
FCA
  Security 63  
Established more than 10 years
  Instrument 100  
Forex
Stock
Crypto
Index
Gold
  Platform 44  
MetaTrader 4
  Payment 72  
Credit/debit card
PayPal
Wire
  Features 83  
Bonus
Education
Automated trading
Manage
  Spec 0

💲 Min Deposit $250

Year Established 2001

💼 Regulation

💡 Min Position 0.01 lot

🌐 Website www.cityindex.co.uk

🌎 Country United KingdomAustralia

Max Leverage 1:30

💰 Bonuses

📈 Managed accounts

📖 Free education

City Index is a well-established broker since 2001. City Index has headquarters in United Kingdom and Australia. City Index to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FCA, 113942, ASIC, ACN 141 774 727 and AFSL 345646.


Account Information

Apart from the forex demo account, this broker offers Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by City Index is up to 1: 30. Meanwhile, you can open an account with a starting capital of $250.

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Min Deposit

$250

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Max Leverage

1:30

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Spread

Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $250

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Pending orders

Automated trading

💸 Commission

Instruments Traded

Besides lots of currency pair, City Index also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, Spread betting and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, City Index specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:10

Indexes

Indexes
1:10

Spread betting

Spread betting

Crypto

Crypto
1:4

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

City Index also provides payment with Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, City Index offers you MetaTrader 4 and NinjaTrader.

Customer Support

Do you have any question or find any trouble related to City Index? If you do, you should reach City Index's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English

Office Support

Email Support

Call Support

Chat Support



FAQ About City Index

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if City Index is a good broker for you or not by reviewing the criteria. In general, City Index provides trading service in Forex , Gold & silver , Stocks , Indexes , Spread betting and Crypto . As for the payment methods, you can choose between Wire transfer, Credit/debit cards and PayPal. The customer support is available via Email, Phone and Live chat.


The starting capital in City Index is $250.


City Index is regulated by FCA, 113942, ASIC, ACN 141 774 727 and AFSL 345646. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


City Index is a brokerage company offering trading services for clients since 2001 with offices in United Kingdom and Australia.



City Index News
Jasmine Harrison
City Index has been hard at work attempting to reinvent itself. The forex and CFD broker inaugurates its new brand identity in the UK with the release of performance analysis, PlayMaker.
Jasmine Harrison
As part of the rebrand, City Index will be launching PlayMaker, which is a new feature for clients to monitor trading plans in real-time.
Jasmine Harrison
StoneX Group Inc. trading brand City Index announced that it plans to rebrand its office in Australia to give clients better service and establish a leading position among local competitors.
Aisha Amajida
Major US forex company that operates FOREX.com brand, Gain Capital, yesterday (4/1) announced their acquisition of City Index, one of leading forex and CFD trading and spread betting in the UK.
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