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.
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 |
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 Demo Account – 10 Key Point Quick Overview
- ✅ City Index Overview
- ✅ City Index Safety and Security
- ✅ City Index Demo Account
- How to Open a City Index Account – A Step-By-Step Guide
- City Index Education and Research
- City Index Customer Support
- City Index Customer Reviews
- City Index Pros and Cons
- Conclusion
- 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 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 |
How to Open a City Index Demo account – A Step-By-Step Guide
Step 1: Start the City Index Demo Account Registration.
In order to start the account registration process the applicant can simply click on the purple “Try a demo” button located in the middle right of the City Index Webpage.
Step 2: Create an Account.
The applicant will be required to submit a name, password, and contact details 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.
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 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 |
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
Overall, City Index does offer a free demo trading account for beginners to practice forex trading for up to 12 Weeks.
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Frequently Asked Questions
Can traders from South Africa open a City Index demo account?
Yes, South African traders are allowed to open a City Index demo account.
What are the benefits of the City Index demo account?
There are several benefits to using the City Index demo account, including: Risk-free trading because the demo account use virtual funds, traders gain valuable experience from trading in simulated, safe and controlled trading environment, the demo account provides access to all the features and tools available on the City Index trading platform allowing traders to become familiar with the platform’s functionality.
How long is the City Index demo account valid?
The City Index demo account does not have any time limits, which means traders can practice for as long as they need to develop their trading skills.
What are the costs involved with using the City Index Demo account?
Using the City Index Demo Account is cost-free.
What are the risks involved with using the City Index Demo Account?
Using the City Index Demo Account is risk-free.
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