Overall, City Index can be summarised as a trustworthy broker with 40 years of experience in financial markets. City Index is authorized and regulated by the Financial Conduct Authority. City Index has a trust score of 92 out of 99.
| 🔎 Broker | 🥇 CityIndex |
| 💰 Minimum Deposit | $0 USD |
| 🔁 Spreads from | 1.0 Pips |
| 4️⃣ MetaTrader4 | ✅ Yes |
| 💻 Proprietary Platform | ☑️ Yes |
| 🆓 Demo Account | ✅ Yes |
| 🪙 Inactivity fee | ☑️ Yes |
| 📈 Leverage up to | 400:1 |
| 🚀 Open an Account | 👉 Click Here |
City Index Review (2023) – Analysis of Brokers’ Main Features
- ✅ City Index Overview
- ✅ City Index Detailed Summary
- ✅ City Index Advantages over Competitors
- ✅ City Index Safety and Security
- ✅ City Index Sign-Up Bonus
- ✅ City Index Affiliate Program
- ✅ City Index Minimum Deposit
- ✅ City Index Account Types
- ✅ How to Open a City Index Account – A Step-By-Step Guide
- ✅ City Index Islamic Account
- ✅ City Index Demo Account
- ✅ City Index Trading Platforms
- ✅ City Index Fees, Spreads, and Commission
- ✅ City Index Deposit and Withdrawal
- ✅ City Index Education and Research
- ✅ City Index Customer Support
- City Index Best Countries by Traders
- City Index vs Interactive Brokers vs Capital.com – A Comparison
- City Index Alternative – IG
- City Index Customer Reviews
- City Index Pros and Cons
- Frequently Asked Questions
City Index Overview
City Index is an award-winning, multi-asset financial services provider that offers exceptional execution speed, a global presence and Market-leading spreads on major indices.
| 🔎 Broker | 🥇 CityIndex |
| 💰 Minimum Deposit | $0 USD |
| 🔁 Spreads from | 1.0 Pips |
| 4️⃣ MetaTrader4 | ✅ Yes |
| 💻 Proprietary Platform | ☑️ Yes |
| 🆓 Demo Account | ✅ Yes |
| 🪙 Inactivity fee | ☑️ Yes |
| 📈 Leverage up to | 400:1 |
| 🚀 Open an Account | 👉 Click Here |
City Index Detailed Summary
| 🔎 Broker | 🥇 CityIndex |
| 💰 Minimum Deposit | $0 USD |
| 🔁 Spreads from | 1.0 Pips |
| 4️⃣ MetaTrader4 | ✅ Yes |
| 💻 Proprietary Platform | ☑️ Yes |
| 🆓 Demo Account | ✅ Yes |
| 🪙 Inactivity fee | ☑️ Yes |
| 📈 Leverage up to | 400:1 |
| 📌 Spread Betting | ✅ Yes |
| 📍 CFDs | ☑️ Yes |
| 📎 Education | ✅ Yes |
| ⚙️ Markets | 13’500+ |
| 🚀 Open an Account | 👉 Click Here |
City Index Advantages over Competitors
The main advantages of choosing to trade with City Index include:
and much, MUCH more!
City Index Safety and Security
City Index is authorized and regulated by the Financial Conduct Authority and in accordance with FCA client money rules, all funds are always protected in segregated client accounts. City Index is a member of the Financial Services Compensation Scheme (FSCS) and in the unfortunate event of liquidation, clients may be compensated by the FSCS.
City Index Regulation
City Index is authorized and regulated by the Financial Conduct Authority. The Financial Conduct Authority is a financial regulatory body in the United Kingdom but operates independently of the UK Government
City Index Protection of Client Funds
City Index is authorized and regulated by the Financial Conduct Authority and in accordance with FCA client money rules, all funds are always protected in segregated client accounts.
City Index Security while Trading
City Index is a member of the Financial Services Compensation Scheme (FSCS) and in the unfortunate event of liquidation, clients may be compensated by the FSCS.
City Index Sign-Up Bonus
City Index does not offer a Sign Up Bonus. City Index (UK) also does not offer a welcome bonus or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.
| 🔎 Broker | 🥇 City Index |
| 🎉 Sign-Up Bonus | No |
| 🎁 Welcome Bonus | No |
| ❤️ Deposit Bonus | No |
| 🚀 Open an Account | 👉 Click Here |
Please Note: Sign-Up Bonus offers and Rewards may be made available by City Index Singapore and City Index Australia.
City Index Affiliate Program
The City Index introducing broker (IB) program will reward individuals and businesses who refer new customers to City Index. City Index Affiliate Benefits include:
- Real-time monitoring & reporting
- Attractive compensation plan for IBs
- Partner with a regulated provider you can trust
- Get started in days
- Fast customer onboarding
- No upfront investment
City Index Minimum Deposit
No minimum deposit amount is required to register a City Index live trading account. City Index provides 2 different live trading accounts, Standard and MT4.
| 🔎 Account | 🥇 Standard | 🥈 MT4 |
| 💰 Minimum Deposit | $0 USD | $0 USD |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here |
City Index Account Types
City Index provides 2 different live trading accounts, Standard and MT4. No minimum deposit amount is required to register a City Index live trading account.
| 🔎 Account | 🥇 Standard | 🥈 MT4 |
| 💰 Minimum Deposit | $0 USD | $0 USD |
| 💻 Web Trading | ✅ Yes | ✅ Yes |
| 🖥️ Desktop Trading | ☑️ Yes | ☑️ Yes |
| 📱 Mobile Trading | ✅ Yes | ✅ Yes |
| 💳 Commissions | None | Shares Market |
| 📊 Spread Type | Variable | Variable |
| 🔁 Spreads from | 0.8 Pips | 0.5 Pips |
| ❤️ Additional Feature | Smart Signals | Expert Advisors |
| 🆓 Demo Option | ☑️ Yes | ☑️ Yes |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here |
How to Open a City Index Account – A Step-By-Step Guide
1. Step 1: Start the City Index Account Registration.
In order to start the account registration process the applicant can simply click on the pink “Open Account” button located at the top of the City Index Webpage.
2. Step 2: Create an Account or Log In.
The applicant will be required to submit a valid email address in order for the process to be continued.
3. Step 3: Complete the City Index Account Registration.
In order for the process to be completed the applicant will be required to complete information on a selection of topics, including Personal Information and Trading Experience.
City Index Islamic Account
City Index does not offer an Islamic swap-free trading account or extended Swap-free status to all applicable trading accounts created by clients in non-Islamic countries.
| 🔎 Broker | 🥇 City Index |
| ☪️ Islamic Account | ❎ No |
| 🤝 Extended Swap-Free Status | ❎ No |
| 🆓 Demo Account Access | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
City Index Demo Account
City Index does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The City Index demo account expires after 12 Weeks.
| 🔎 Broker | 🥇 City Index |
| 🆓 Demo Account | ✅ Yes |
| 🪙 Virtual Funds | £10,000 |
| ☑️ Active | 12 Weeks |
| 🚀 Open an Account | 👉 Click Here |
City Index Trading Platforms
CityIndex offers an award-winning proprietary Web Trader platform, MetaTrader4, and mobile apps for iOS and Android.
City Index Fees, Spreads, and Commission
Trading with City Index will involve fees from $1 USD, spreads from 1.0 pips, and commission-free trading depending on the account traders select.
| 🔎 Broker | 🥇 CityIndex |
| 💰 Minimum Deposit | $0 USD |
| 🔁 Spreads from | 1.0 Pips |
| 🪙 Inactivity fee | ☑️ Yes |
| 📈 Leverage up to | 400:1 |
| 🚀 Open an Account | 👉 Click Here |
City Index Deposit and Withdrawal
City Index makes multiple Deposit options available including Debit/Credit Cards, PayPal, and Bank Transfers. City Index Withdrawal will be processed between 1 and 5 working days, depending on the method of withdrawal selected.
City Index Education and Research
City Index makes educational materials available in the form of trading courses, webinars, guides, and more. Topics covered include Fundamental analysis and Tips for trading successfully.
City Index Customer Support
City Index makes customer support available via FAQs and how-to guides. Additionally, City Index can be directly contacted.
City Index Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇 United Kingdom | 65.11 |
| 🥈 Australia | 11.02 |
| 🥉 Singapore | 5.50 |
| 🏅 United States | 3.78 |
| 📍 Poland | 2.87 |
City Index vs Interactive Brokers vs Capital.com – A Comparison
| 🔎 Broker | 🥇 City Index | 🥈 Capital.com | 🥉 IG |
| ⚙️ Tradeable Symbols | 13500 | 600 | 19537 |
| 📊 Forex Pairs | 84 | 138 | 100 |
| 🪙 Cryptocurrency | ✅ Yes | ✅ Yes | ✅ Yes |
| 💰 Min. Deposit | $0 USD | $20 USD | $250 USD |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
City Index Alternative – IG
When compared to similar brokers a viable alternative broker choice to City Index is IG. IG is a leading online trading provider that offers traders access to opportunities across thousands of financial markets through intuitive platforms and apps.
| 🔎 Broker | 🥇 City Index | 🥉 IG |
| ⚙️ Tradeable Symbols | 13500 | 19537 |
| 📊 Forex Pairs | 84 | 100 |
| 🪙 Cryptocurrency | ✅ Yes | ✅ Yes |
| 💰 Min. Deposit | $0 USD | $250 USD |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here |
City Index Customer Reviews
Great Stuff!
City Index offers an overall great trading experience. – Luka
Excellent Customer Care.
City Index was there for me every step of the way. Gold Standard in Customer Support. – Connor
Happy Client.
City Index offers great trading platforms and all available choices are very easy to use. – Chris
City Index Pros and Cons
| ✅ Pros | ❎ Cons |
| Low Forex Fees | Limited Product Portfolio |
| Fast Account Opening | High Stock CFD fees |
| Diverse research tools | Limited account selection |
Conclusion
Overall, City Index can be summarised as a trustworthy broker with 40 years of experience in financial markets.
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Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment.
Frequently Asked Questions
Is City Index a fake or scam broker?
No, City Index is not considered a fake or scam broker as it is an award-winning broker with 40+ years of experience in the financial markets.
What are the main advantages of trading with City Index?
The main advantages of choosing to trade with City Index include award-winning user-friendly trading platforms, wide range of markets, advanced trading tools, competitive pricing, regulation and security and 24/7 customer support.
Who is the regulatory authority for City Index?
City Index is authorized and regulated by the Financial Conduct Authority.
Does City Index protect client funds?
Yes, City Index is authorized and regulated by the Financial Conduct Authority and in accordance with FCA client money rules, all funds are always protected in segregated client accounts.
Featured SA Shares Writer and Forex Analyst.
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