All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.52
Rand / Euro = 19.80
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

City Index Review

City Index Review

 

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 AuthorityCity Index has a trust score of 92 out of 99.

 

🔎 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

 

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 Review (2025) – Analysis of Brokers’ Main Features

 

  1. City Index Overview
  2. City Index Detailed Summary
  3. City Index Advantages over Competitors
  4. City Index Safety and Security
  5. City Index Sign-Up Bonus
  6. City Index Affiliate Program
  7. City Index Minimum Deposit
  8. City Index Account Types
  9. How to Open a City Index Account – A Step-By-Step Guide
  10. City Index Islamic Account
  11. City Index Demo Account
  12. City Index Trading Platforms
  13. City Index Fees, Spreads, and Commission
  14. City Index Deposit and Withdrawal
  15. City Index Education and Research
  16. City Index Customer Support
  17. City Index Best Countries by Traders
  18. City Index vs Interactive Brokers vs Capital.com – A Comparison
  19. City Index Alternative – IG
  20. City Index Customer Reviews
  21. City Index Pros and Cons
  22. Frequently Asked Questions

 

 

City Index Review

 

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 Overview

 

City Index Detailed Summary

 

🔎 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
📌 Spread Betting✅ Yes
📍 CFDs☑️ Yes
📎 Education✅ Yes
⚙️ Markets13'500+
🚀 Open an Account👉 Click Here

 

City Index Detailed Summary

 

City Index Advantages over Competitors

 

The main advantages of choosing to trade with City Index include:

 

 

 

and much, MUCH more!

 

City Index Advantages over Competitors

 

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 Safety and Security

 

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 Regulation

 

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 Protection of Client Funds

 

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 Security while Trading

 

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 BonusNo
🎁 Welcome BonusNo
❤️ Deposit BonusNo
🚀 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 Sign-Up Bonus

 

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 Affiliate Program

 

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 Minimum Deposit

 

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

 

City Index Account Types

 

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.

 

City Index Account 1

 

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.

 

City Index Account 2

 

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 Account Types

 

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 Islamic 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 Demo Account

 

City Index Trading Platforms

 

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

 

City Index Trading Platforms

 

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 from1.0 Pips
🪙 Inactivity feeYes
📈 Leverage up to400:1
🚀 Open an Account👉 Click Here

 

City Index Fees, Spreads, and Commission

 

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 Deposit and Withdrawal

 

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 Education and Research

 

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 Support

 

City Index Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇 United Kingdom65.11
🥈 Australia11.02
🥉 Singapore5.50
🏅 United States3.78
📍 Poland2.87

 

City Index Best Countries by Traders

 

City Index vs Interactive Brokers vs Capital.com – A Comparison

 

🔎 Broker🥇 City Index🥈 Capital.com🥉 IG
⚙️ Tradeable Symbols1350060019537
📊 Forex Pairs84138100
🪙 Cryptocurrency✅ Yes✅ Yes✅ Yes
💰 Min. Deposit$0 USD$20 USD$250 USD
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here

 

City Index vs Interactive Brokers vs Capital.com - A Comparison

 

City Index Alternative – IG

 

When compared to similar brokers a viable alternative broker choice to City Index is IGIG 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 Symbols1350019537
📊 Forex Pairs84100
🪙 Cryptocurrency✅ Yes✅ Yes
💰 Min. Deposit$0 USD$250 USD
🚀 Open an Account👉 Click Here
👉 Click Here

 

IG Group

 

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

 

Overall, City Index can be summarised as a trustworthy broker with 40 years of experience in financial markets.

 

 

You might also like:  City Index Review (2025)

You might also like:  City Index Singapore 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 Account Types

You might also like:  City Index Demo Account

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

 

 

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.

 

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4.5/5 - (24 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 7, 2023

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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