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 Name | City Index Singapore |
📍 Headquartered | Shenton Way, Singapore |
📅 Year Founded | 1983 |
⚖️ Regulating Authorities | Monetary Authority of Singapore (MAS) |
🌐 Countries not accepted for trade | South Africa, the United States, Brazil, Belgium, Hong Kong, and Japan. |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1:50 |
💰 Minimum Deposit | $ 150 / R 2 571,02 ZAR |
💳 Deposit Options | Visa, MasterCard, Bank Transfer, NETS, ATM, Cheque and internet banking, and wire transfer |
💳 Withdrawal Options | Visa, MasterCard, Bank Transfer, NETS, ATM, Cheque and internet banking, and wire transfer |
💻 Platform Types | MetaTrader4 and AT Pro |
📱 OS Compatibility | Yes, Mobile and Desktop |
📈 Tradable assets offered | Over 65 Forex pairs, CFDs, Shares, Commodities, and Metals |
👨💼 Languages supported on Website | English |
👥 Customer Support Languages | English |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
City Index Account Types – 10 Key Point Quick Overview
- ✅ City Index Overview
- ✅ City Index Safety and Security
- ✅ 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 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 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 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
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.
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.
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 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
City Index provides 2 different live trading accounts, Standard and MT4. Additionally, A City Index Demo account is also made available.
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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.