All Share (J203) = 93 397
Rand / Dollar = 17.98
Rand / Pound = 24.13
Rand / Euro = 20.36
Gold (usd/oz) = 3 329.55
Platinum (usd/oz) = 1 076.88
Brent (usd/barrel) = 64.21
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

City Index Account Types

City Index - Account Types Banner

 

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.

 

City Index Singapore at a Glance

 

🔎Broker's NameCity Index Singapore
📍 HeadquarteredShenton Way, Singapore
📅 Year Founded1983
⚖️ Regulating AuthoritiesMonetary Authority of Singapore (MAS)
🌐 Countries not accepted for tradeSouth Africa, the United States, Brazil, Belgium, Hong Kong, and Japan.
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsYes
📈 Maximum Leverage1:50
💰 Minimum Deposit$ 150 / R 2 571,02 ZAR
💳 Deposit OptionsVisa, MasterCard, Bank Transfer, NETS, ATM, Cheque and internet banking, and wire transfer
💳 Withdrawal OptionsVisa, MasterCard, Bank Transfer, NETS, ATM, Cheque and internet banking, and wire transfer
💻 Platform TypesMetaTrader4 and AT Pro
📱 OS CompatibilityYes, Mobile and Desktop
📈 Tradable assets offeredOver 65 Forex pairs, CFDs, Shares, Commodities, and Metals
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours24/5
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 0

Regulators

FCA

Trading Platform

MT4, WebTrader

Crypto

Yes

Total Pairs

84

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

City Index Account Types – 10 Key Point Quick Overview

 

  1. City Index Overview
  2. City Index Safety and Security
  3. City Index Account Types
  4. How to Open a City Index Account – A Step-By-Step Guide
  5. City Index Islamic Account
  6. City Index Demo Account
  7. City Index Trading Platforms
  8. City Index Customer Reviews
  9. City Index Pros and Cons
  10. Frequently Asked Questions

 

City Index Overview

 

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 from1.0 Pips
4️⃣ MetaTrader4✅ Yes
💻 Proprietary Platform☑️ Yes
🆓 Demo Account✅ Yes
🪙 Inactivity fee☑️ Yes
📈 Leverage up to400:1
🚀 Open an Account👉 Click Here

 

City Index Safety and Security

 

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 Account Types

 

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
💳 CommissionsNoneShares Market
📊 Spread TypeVariableVariable
🔁 Spreads from0.8 Pips0.5 Pips
❤️ Additional FeatureSmart SignalsExpert Advisors
🆓 Demo Option☑️ Yes☑️ Yes
🚀 Open an Account👉 Click Here
👉 Click Here

 

How to Open a City Index Account – A Step-By-Step Guide

 

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.

 

City Index Account 1

 

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.

 

City Index Account 2

 

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 Account 3

 

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 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
☑️ Active12 Weeks
🚀 Open an Account👉 Click Here

 

City Index Trading Platforms

 

City Index Trading Platforms

 

CityIndex offers an award-winning proprietary Web Trader platform, MetaTrader4, and mobile apps for iOS and Android.

 

 

City Index Customer Reviews

 

Great Stuff!

City Index offers an overall great trading experience. – Luka

 

TrustPilot 5 Stars

 

Excellent Customer Care.

City Index was there for me every step of the way. Gold Standard in Customer Support. – Connor

 

TrustPilot 4 Star

 

Happy Client.

City Index offers great trading platforms and all available choices are very easy to use. – Chris

 

TrustPilot 3 Star

 

City Index Pros and Cons

 

✅ Pros❌Cons
Low Forex FeesLimited Product Portfolio
Fast Account OpeningHigh Stock CFD fees
Diverse research toolsLimited account selection

 

Min Deposit

USD 0

Regulators

FCA

Trading Platform

MT4, WebTrader

Crypto

Yes

Total Pairs

84

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

 

City Index provides 2 different live trading accounts, Standard and MT4. Additionally, A City Index Demo account is also made available.

 

You might also like:  City Index Review (2025)

You might also like:  City Index Sign-Up Bonus

You might also like:  City Index Minimum Deposit

You might also like:  City Index Demo Account

You might also like:  City Index Fees, Spreads, and Commission

 

 

Frequently Asked Questions

 

 

Can traders from South Africa open a City Index trading account?

 

Yes, traders from South Africa are allowed to open a City Index trading account

 

What are the City Index account types available for South African traders?

 

The City Index account types available in South Africa incl:  Spread Betting Account that is tax-free in South Africa, a CFD Account that allows traders to speculate on the price movements of various markets, a MT4 Account that provides traders with access to the popular (MT4) platform and the AT Pro Account: This account provides traders with access to the AT Pro trading platform, which offers advanced charting, custom indicators, and trading automation tools.

 

Does City Index provide a swap-free account for Muslim traders in South Africa?

 

No, City Index does not offer an Islamic swap-free trading account or extended Swap-free status.

 

What is the maximum leverage that can be expected from a City Index account?

 

The maximum leverage to be expected is 1:50.

 

Does City Index offer Institutional Accounts?

 

No, City Index does not offer Institutional accounts.

Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 28, 2023

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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