City Index Rated 3/5

City Index Guide - Read our In Depth 2024 City Index Review

This detailed City Index review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs, Spread Betting.
*This content does not apply to US users.

Learn more about City Index.

Benefits of Trading with City Index

City Index Review 2024 Quick Summary
💰 Min Deposit 25
👱‍♂️ Used By 14,000 City Index users and traders
📆 Founded 1983
🌍 HQ UK
👮‍♂️ Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS)
🚫 Excluded Countries City Index is not available in the following countries : US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW

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73% of retail investor accounts lose money when trading CFDs with this provider

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is City Index?

City Index are a worldwide financial trading platform and broker. founded in 1983

Over 41 years later City Index now serves over 14,000 retail investors Forex trading, CFDs trading, and Spread Betting trading.

City Index are a global broker. City Index have a head office in UK.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this City Index review and assess how well the City Index platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like City Index. Choosing or shortlisting a trading platform like City Index can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like City Index.

As a result, selecting the right trading platform like City Index requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like City Index available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like City Index requires thorough due diligence and careful consideration. Some City Index trading features can be complex when trading on mobile or using the City Index online trading platform. Beginners and inexperienced traders must take the time to learn how to use the City Index trading tools properly. In our review of City Index we explain the pros and cons. What City Index offer, countries City Index are available in. Who City Index are regulated by and more.

City Index Review Screenshot

When it comes to online trading with brokers like City Index, carefully review City Index as your broker can make or break your success. Choosing the right broker is essential to ensure your City Index investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your City Index review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of City Index. You must also ensure the City Index broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, City Index needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with City Index into easily digestible information in this City Index review. We want to ensure you have all the knowledge necessary to use the City Index trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with City Index are the key to successful trading, so we've provided this detailed City Index review. So, take a seat, grab a cup of coffee, and dive in to learn about City Index and how it can benefit you or if City Index is not for you.

The fact that City Index has a Wikipedia page is a testament to its reputation and credibility in online trading. It's worth noting that Wikipedia content is highly moderated for accuracy, so having a page dedicated to City Index speaks to its legitimacy and significance.

Creating a City Index Wikipedia page is challenging, as it requires meeting strict criteria and providing accurate, verifiable information regarding City Index. Wikipedia must include reliable sources that support the City Index content on the page.

If you want to learn more about City Index and its history, its Wikipedia page is an excellent resource. You can find valuable information about the City Index founders, services, and industry reputation. Open the City Index Wikipedia page.

Online investing with City Index can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with City Index, evaluating the City Index platform is important. Evaluation includes researching the City Index management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with City Index. That's why it's essential to understand the City Index company policies and practices before making any investment decisions. By doing your due diligence and understanding City Index platform, you can make informed investment choices that align with your financial goals. So take the time to research City Index thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this City Index review you need to determine if City Index is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to City Index, so you can make a more informed decision and compare other brokers against City Index.

If you want to look at some City Index alternatives that might better fit your needs, we list and compare some of the best City Index alternatives further down this City Index review.

Trading online with City Index requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the City Index trading tools and features. You must know what you are doing when trading with City Index. That's why we've compiled this detailed City Index review with some important information that will hopefully make you more informed when online trading with City Index.

City Index Review Table of Contents

City Index review
City Index is a Multi-Assets Trading Platform with over 12500+ Assets

Learn more about City Index. City Index is a multi asset platform with 12500+ tradable Assets. Assets available on City Index include Forex, CFDs, Spread Betting.

City Index trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Spread Betting are considered financial assets.

Features of City Index

City Index review
What you should know

City Index offer three ways to trade: Forex, CFDs, Spread Betting. The assets and products available to you on the City Index trading platform depends on the region of the world, you are in and the City Index entity you have an account.

With City Index you will need a minimum deposit of $25. You can sign up for a demo account to acquaint yourself with City Index platform.

City Index are able to accommodate various levels of traders whether you are experienced or a beginner.

Are City Index safe?

When considering City Index for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as City Index, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1983, and in operation for 41 years City Index have a head office in UK.

City Index is regulated. This means City Index are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) regulatory bodies.

City Index withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like City Index are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. City Index are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of City Index and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. City Index has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, City Index will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like City Index, you can enjoy peace of mind and focus on your trading activities. If City Index violate any regulatory rules their regulated status could be stripped.

73% of retail investor accounts lose money when trading CFDs with this provider

Is my money safe with City Index?

All payments made to City Index by traders are securely held in a segregated bank account.

City Index uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should City Index use them?

City Index partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their City Index clients' funds.

City Index clients can have greater confidence in their financial security when working with a Tier 1 bank because City Index are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in City Index deposited in a Tier 1 bank?

Depositing funds with City Index ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if City Index were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that City Index is a secure and safe platform.

Please be aware that trading in financial assets with City Index carries a risk of loss. City Index trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Spread Betting due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

City Index emphasizes this risk on its platform and provides clear risk warnings - 73% of retail investor accounts lose money when trading CFDs with this provider. After answering some important questions about City Index, let's closely examine its features.

To better understand the City Index trading platform, you can create two separate accounts - one with real money and the other a City Index demo account. A City Index demo account provides a risk-free environment for experimenting with the City Index platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in City Index trading decisions.

Open a demo account Visit City Index

73% of retail investor accounts lose money when trading CFDs with this provider

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How City Index as a Company Compare Against Other Brokers

Broker City Index IC Markets Roboforex eToro
Year Established 1983 2007 2009 2007
Head Office UK Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 14,000+ City Index users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss Yes No No No
Learn More Visit City Index Visit IC Markets Visit Roboforex Visit eToro
Risk Warning 73% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

City Index review
City Index Pros and Cons

What we like about City Index

  • Used by over 14,000 City Index users and traders
  • Established in 1983
  • Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS)
  • Min. deposit from $25

What we don't like about City Index

City Index review
City Index Regulation and Licensing in more detail

City Index is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of City Index going into insolvency. City Index compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like City Index to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for City Index traders.

City Index is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like City Index you should be sure they're legitimate online agent.

Is City Index Global?

Yes, City Index is global as City Index is available in over 163 countries.

City Index is a global trading platform in the sense that it operates in 163 countries including nations in Africa, Asia, Oceania, and Europe. Major countries City Index covers include the UK, Germany, South Africa, Thailand, China and Australia. As per its Wikipedia page, City Index has a total of more than 14,000 users.

City Index review
City Index Awards

City Index have won numerious industry awards over the 41 years they have been operating as a financial broker. We have listed the most notable awards and mentions for City Index below.

  • ADVFN International Financial Awards Best CFD Provider 2019 Winner
  • OPWA Awards Best Trading Platform 2019
  • ADVFN International Financial Awards Best CFD Provider 2019 Winner
  • OPWA Awards Best Mobile Application 2019
  • ADVFN International Financial Awards Best CFD Provider 2019 Winner
  • OPWA Awards Best Spread Betting Provider 2019
  • Shares Awards Best Professional Trading Platform 2019 Winner
  • OPWA Best Cryptocurrency Trading Platform 2018 Winner

City Index review
City Index Fees Explained

  • City Index withdrawal fees varies on payment method
  • City Index does charge a fee for inactive accounts.
  • City Index does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from City Index are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

City Index Costs To Check

Modern brokers like City Index provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, City Index may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall City Index trading profitability.

How City Index Fees Compare Against Other Brokers

Broker City Index IC Markets Roboforex eToro
Min Deposit 25 200 10 100
Withdrawal Fees Varies No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees 0.0015 Yes No Yes

For City Index average spreads as of September and October 2019 (EURO – USD) As low as 0.5, typical 0.8.

City Index Minimum Deposit

City Index requires a minimum deposit of 25 GBP/USD/EUR when opening an City Index trading account.

A minimum deposit is the minimum amount of money required by City Index to open a new online brokerage account with them.

Don't be scared off by brokers like City Index charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like City Index, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

City Index Withdrawal Fees

The fees for withdrawing funds from your City Index account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your City Index withdrawal request is important.

City Index Withdrawal rules may vary across different brokers when it comes to transferring funds from your City Index or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with City Index may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the City Index withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from City Index. Researching and comparing City Index withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing City Index funds frequently or dealing with large sums of money. Awareness of these City Index fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your City Index funds.

For example, City Index allows you to withdraw your funds to Credit cards, MasterCard, Debit cards, VISA, Maestro, Electron, Bank Transfer, MasterCard, Paypal, .

City Index Inactivity Fees

City Index does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by City Index terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all City Index fees and services. It's recommended that you check the City Index website before signing up. If you decide to close your City Index account, it's important to do so with the City Index broker customer support and obtain confirmation that no remaining City Index fees are due.

Brokers like City Index must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

City Index Deposit Fees

City Index do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

City Index Commission Fees

City Index does charge commission on CFD instruments.

Brokerage firms like City Index may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the City Index trading account level held by the trader.

City Index may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing City Index terms and conditions to understand the commission fees and any other charges that may apply is essential.

City Index review
What can you trade with City Index?

It's essential to note that the trading instruments offered under the City Index brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the City Index trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with City Index over 12500 instruments in fact.

If you want to trade currency pairs on global Forex markets, City Index offer over 100 currency pairs.

City Index Compared To Other Brokers

Compare City Index with IC Markets and Roboforex below.

73% of retail investor accounts lose money when trading CFDs with this provider

How City Index Trading Options Compare Against Other Brokers

Broker City Index IC Markets Roboforex eToro
Instruments Available 12500 2250 100 5000
Platforms MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 100 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes No Yes
Commodity CFDs        
Commodities Offered 26 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 4500 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit City Index
73% of retail investor accounts lose money when trading CFDs with this provider
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider.

City Index review
Trading on City Index web platforms and other applications

City Index offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

City Index also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See City Index's platforms

Is the City Index Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the City Index trading platform to protect you on PC and mobile City Index platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using City Index web trading platforms.

City Index Trading Platform Options

After logging into your City Index account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that City Index does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

City Index does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options City Index gives you.

City Index review
City Index MetaTrader 4 (MT4)

City Index MetaTrader 4

City Index MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on City Index offers traders comprehensive features and tools to enhance their trading performance. The City Index MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the City Index platform to their needs. One of the standout features of MT4 is its charting functionality, which allows City Index traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give City Index traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 City Index trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the City Index MetaTrader 4 (MT4) trading platform. MT4 is a platform available with City Index, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The City Index MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. City Index allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with City Index in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. City Index MetaTrader 4 is compatible with the latest macOS. City Index allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on City Index

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade City Index MetaTrader 4 on iOS Devices

You can download the City Index app or trade with City Index through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. City Index customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade City Index MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and City Index offers its clients access to the MetaTrader 4 platform on these devices. With the City Index MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing City Index traders to stay on top of their trades and react quickly to changes in the market. With the City Index MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade City Index MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on City Index are a powerful bundle of three major indicators designed to help traders make informed decisions. City Index MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help City Index traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing City Index traders to potentially stay one step ahead.

City Index MetaTrader 4 Advanced Trading Tools

The City Index MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give City Index traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, City Index provides traders with everything they need to succeed. The City Index MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing City Index traders to analyze the market at any level of complexity.

Trade City Index MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

City Index MetaTrader 4 AutoChartist

Autochartist on the City Index platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for City Index MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, City Index traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save City Index users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. City Index traders can navigate the platform and find the information they need to make informed trading decisions.

City Index Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for City Index traders of all experience levels.

City Index Trading benefits

  • City Index Allows hedging
  • City Index Offers STP
  • City Index Low min deposit
  • City Index Guaranteed stop loss
  • City Index Offers Negative Balance Protection

City Index Trading Accounts Offered

Below we give an overview of the account types that City Index offer. Whatever you are looking to trade, the varying City Index account types will be able to provide you with what you need.

  • City Index Demo account
  • Micro account
  • City Index Mini account
  • City Index Standard account
  • City Index STP account
  • City Index Managed account

Can I try City Index?

City Index provides a demo account that enables individuals to explore trading before investing their funds. By creating a City Index practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the City Index demo account can help individuals to make informed decisions before investing their money.

Open a demo City Index account to practice and trade.

73% of retail investor accounts lose money when trading CFDs with this provider

City Index withdrawal and funding methods

It's essential to remember that the payment methods provided by City Index vary based on the City Index entity and the City Index client's country of residence. To view the City Index payment options available, you can log into your City Index member's area.

City Index offers various funding payment methods listed in your City Index dashboard if available in your region. To learn more about the City Index funding and withdrawal options available in your area, you can explore the City Index website.

City Index provides several payment methods for funding your City Index account. You may utilize any of these deposit options if they are available in your region. City Index ensures that users have multiple payment methods to choose from, making it more convenient for verified City Index account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the City Index user's location. learn more about City Index funding and withdrawal methods.

City Index Payment Methods

Some City Index payment methods are local and are available only to specific regions. City Index account holders should check which payment methods are provided in your region.
  • City Index accepts Credit cards
  • City Index accepts MasterCard
  • City Index accepts Debit cards
  • City Index accepts VISA
  • City Index accepts Maestro
  • City Index accepts Electron
  • City Index accepts Bank Transfer
  • City Index accepts MasterCard
  • City Index accepts Paypal
Broker City Index IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available City Index and other broker payment methods depend on the clients country of residence.

How can I start trading with City Index?

To open a trading account with City Index, individuals can sign up on the City Index website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for City Index account validation and making a deposit. Once completed, City Index users can download the trading platform of their choice.

It's important to note that City Index requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps City Index maintain a trustworthy financial environment for its 14,000 users. Detailed information on the City Index trading platforms is available on their website.

73% of retail investor accounts lose money when trading CFDs with this provider

Performing trades with City Index

When using City Index, the minimum trade size is typically 1 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With STP execution on the City Index platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

Like other brokers, City Index margin requirements can differ depending on the traded instrument.

City Index offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about City Index, and see all of the City Index account features on the official City Index website.

CFD Trading on City Index

We will show you an example of the basics of using City Index leverage.

CFD trading on City Index allows traders to speculate on the price movements of various financial instruments against the broker City Index, without actually owning real assets. With CFDs, City Index traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

City Index provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, City Index leverage profits and losses are magnified when trading. For instance, using CFDs, you use the City Index trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, City Index leverage magnifies both profits and losses in trading.

Trading CFD trades on the City Index platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced City Index traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider

Limiting Your Risk When Trading with City Index Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like City Index. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a City Index trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, City Index trading losses are always limited to the current balance of funds in the trader's account.

Even if an City Index trader experiences a significant loss, they will never owe more money than what is available in their City Index account balance.

It's important for City Index traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that City Index losses are limited to the funds available in your City Index account when negative balance protection is in place.

Limit Risk When Trading with City Index Stop Loss, City Index Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as City Index . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for City Index traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an City Index trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide City Index traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with City Index, you must actively monitor your live trading portfolio and financial exposure on City Index.

Education Resources at City Index

To trade effectively with City Index, it's important to have a good understanding of the City Index trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with City Index and externally.

City Index . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with City Index. Familiarizing yourself with the City Index trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using City Index. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with City Index involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like City Index, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with City Index. Explore the City Index platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with City Index, before live trading.

Customer Support at City Index

As part of our City Index review, we review customer service options, response times and problem resolution effectiveness on the City Index trading platform. The City Index trading platform supports multiple languages, which includes English, Spanish, German, Arabic, Polish, and Chinese.

City Index Available Support Types

City Index has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

City Index customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with City Index has to be positive for you to effectively trade the financial markets on the City Index platform. City Index should answer all of your questions and your City Index platform issues are solved. When an City Index customer has any queries regarding City Index, the City Index customer support team should take these issues seriously and offer a quick and effective solution. City Index has a great client support team, so we have rated their customer service highly.

Livechat Support at City Index

We experienced fast and responsive support from City Index

At City Index, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from City Index should be a positive support experience for all City Index users, saving you from waiting days for an email response.

We also tested communicating with City Index support in various languages and countries. The City Index help centre quickly resolved our customer issues.

Email Support at City Index

As part of our review process, we wanted to test the email support offered by City Index. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows City Index has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by City Index. If you're looking for a broker with reliable email support, City Index is worth considering.

Phone Support at City Index

Our experience with City Index phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual City Index team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from City Index good.

See how City Index Support Compares Against Other Brokers

Broker City Index IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, German, Arabic, Polish, and Chinese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit City Index Visit IC Markets Visit Roboforex Visit eToro
Risk Warning 73% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with City Index

As City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS).

As a new client of City Index, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with City Index in your region. During the City Index account opening process, you will be asked to provide City Index with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with City Index have the following documents available.

  • City Index require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for City Index compliance. This must be dated within the last six months.
  • If you plan to fund your City Index account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the City Index platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under City Index Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring City Index's platform.

However, remember that you won't be able to make trades on City Index until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the City Index KYC compliance process as soon as possible to avoid any delays in accessing the City Index platform's features.

It is important to note that City Index may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the City Index platform and features immediately. However, you must pass the verification process to start live trading with City Index, which can take up to a few business days.

To start the process of opening an account with City Index you can visit the City Index trading platform here.
73% of retail investor accounts lose money when trading CFDs with this provider
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.cityindex.co.uk on June 12, 2024.

Watch this City Index Explainer Video

Is City Index A Good Broker?

We have spent over 5 years examining City Index in depth. Although we found some very useful aspects of the City Index platform that would be useful to some traders. We feel that a alternative to City Index may better suit you.

  • City Index have a good track record of offering Forex, CFDs, Spread Betting.
  • City Index has a history of over 41 years.
  • City Index has a reasonable sized customer support of at least 10.
  • City Index are regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS). City Index is subject to strict regulatory oversight from its respective jurisdiction, which holds City Index (the broker) accountable for misconduct. This regulatory framework helps ensure that City Index operates fairly and transparently and provides City Index customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and City Index.
  • City Index have regulation from reputable regulators.
  • One of the advantages of using City Index is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from City Index are particularly important as City Index traders want to receive their money quickly. With the efficient City Index payment processing system, traders can enjoy faster access to their City Index funds.
  • City Index have an international presence in multiple countries. Including local City Index seminars and training.
  • City Index can hire people from various locations in the world who can better communicate in your local language.

City Index offers a Premium priority service. Priority traders benefit from a dedicated relationship manager, Invitations to exclusive content, seminars, webinars and hospitality events include Christmas parties, summer parties, golf days, and more.

City Index has a professional account offering. You get “broker-assisted trading” and have a dedicated Client Relationship Manager. Professional margin and leverage levels. You can learn more here.

City Index now offers PayPal trading account funding and withdrawal in the UK.

City Index have special “thematic” indices which are unique to them, including, Sector indices, Brexit hi-lo indices, and soon-to-be-launched indices, such as the conservative party indices, Labour party indices, cannabis indices, green indices ( names may change ).

City Index offers Guaranteed Stop Loss. Guaranteed stop-loss orders work in the same way as standard stop-loss orders, except they guarantee to close your trade at the exact trigger the value you set, regardless of underlying market volatility and gapping. Stop loss is useful if you want assurance that your position will be closed out at the precise price you specify.

City Index was voted Best New Tool in 2023.

City Index Risk Disclosure

73% of retail investor accounts lose money when trading CFDs with this provider

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

City Index not quite right?

If after reading this City Index review, City Index does not fulfill your needs check out these City Index Alternatives.

Click here to view the best City Index Alternatives

We have spent years researching the best alternatives to City Index. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective City Index alternatives available today. If you are unsatisfied with City Index or want to explore other options, we recommend checking out our carefully curated list of highly-rated City Index alternatives. Follow the links below to learn more about these City Index broker alternatives and choose the one that best suits your trading needs.

Related City Index Vs Comparisons

Throughout our comprehensive City Index review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing City Index against other popular brokers in the industry, check out our City Index Vs pages. Our team has compiled a series of detailed City Index comparison articles, pitting the City Index platform against some of the best-rated City Index competitors in the market. Dive into our informative City Index Vs pages below to find out how City Index stacks up against other leading brokers.

City Index review
CITY INDEX Frequently Asked Questions

Read our detailed City Index FAQ Section updated for 2024.

Can I try City Index?

City Index offer a demo account so you can try the City Index platform with virtual trading before you put down a payment. Virtual trading with City Index is zero risk. Learn more here

What funding methods do City Index accept?

Please note that the list of payment methods below depends on the City Index Entity and the client's Country of Residence.

City Index offer the following funding payment methods Credit cards, MasterCard, Debit cards, VISA, Maestro, Electron, Bank Transfer, MasterCard, Paypal, among other payment methods.
Learn more here

73% of retail investor accounts lose money when trading CFDs with this provider

Is City Index safe?

City Index have over 14,000 users. City Index are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS). Any payments funded to City Index accounts by traders are held in a segregated bank account. For added security,City Index use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with City Index is risky, and because the market is so volatile, losses could happen at any time. Do not invest with City Index unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

73% of retail investor accounts lose money when trading CFDs with this provider

Is City Index trading good?

City Index is considered good and reputable to trade with City Index. City Index is used by over 14,000 traders and City Index users. City Index offers Forex trading, CFDs trading, and Spread Betting trading. Minimum deposit with City Index is 25.

Is City Index trading Legit?

City Index was founded in UK in 1983. City Index has been facilitating trade on the financial markets for over 41 years. City Index offers clients Forex trading, CFDs trading, and Spread Betting trading. All funds deposited to City Index are held in segregated bank accounts for security. City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) so can be considered legit.

Is City Index a good broker?

City Index allows Forex trading, CFDs trading, and Spread Betting trading. City Index is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) so can be considered a good broker.

Is City Index trustworthy broker?

City Index is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to City Index, money is in a segregated bank account that is separate from City Index company's funds. As a regulated broker, City Index cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by City Index. Instead, your City Index funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with City Index. Also City Index is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS).

What is the minimum deposit for City Index?

The minimum deposit to trade with City Index is 25.

How long do City Index withdrawals take?

Withdrawing money from City Index processing time varies depending on the method but averages 1-5 days.

Is City Index regulated?

City Index is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS). Regulatory bodies conduct regular reviews and audits as part of City Index maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is City Index a market maker?

City Index is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by City Index even if no buyer or seller is lined up.

How can I start trading with City Index?

When opening a trading account with City Index, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on City Index trading platforms, you can follow the link provided below: Learn more about signing up with the City Index trading platform here. This will provide useful information and insights into the various trading platforms offered by City Index, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with City Index?

Yes your money is safe with City Index.

Overall, strict financial regulation is essential for ensuring that trading platforms like City Index operate fairly, transparently, and responsibly, which ultimately benefits all City Index stakeholders involved.

Trading platforms like City Index must have strict financial regulation for several reasons:

  • Protecting City Index Investors: Strict financial regulation ensures that investors who use the City Index trading platform are protected against fraudulent or unethical behavior by the City Index platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the City Index platform.
  • Maintaining City Index Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the City Index trading platform. Regulatory procedures reduce the likelihood of the City Index platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing City Index Transparency: Regulations require trading platforms like City Index to maintain detailed records and disclose City Index client information. Financial regulatory requirements enhances transparency and helps to build trust between the City Index platform and its investors.

City Index is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS). When selecting a broker such as City Index, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, City Index ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like City Index.

Is City Index a con?

City Index is regulated and well established, having been in business for over 41 years. City Index is not a con.

Can you make money with City Index?

Although traders have had great success with City Index, trading on the financial markets with City Index is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. 73% of retail investor accounts lose money when trading CFDs with this provider.

Does City Index have fees?

City Index withdrawal fees vary on payment method.City Index does charge a fee for inactive accounts. City Index do charge deposit fees.

When was City Index founded?

City Index was founded in 1983.

How many people use City Index?

City Index is used by over 14,000 registered City Index users.

What is City Index Headquarters country?

City Index has its head quarters office in UK .

Does City Index offer negative balance protection?

City Index offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does City Index offer guaranteed stop loss?

City Index offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does City Index allow scalping?

City Index does not offer scalping.

Does City Index allow hedging?

City Index offers hedging.

Does City Index offer CFD trading?

City Index offers CFD trading.

Does City Index offer STP?

City Index offers STP trading.

How many people use City Index?

City Index is used by over 14000 City Index users and traders.

Is City Index an ECN broker?

City Index does not offer ECN trading.

Does City Index offer a demo account?

City Index offers a demo account.

Does City Index offer an Islamic account?

City Index does not offer Islamic accounts.

What are the funding methods for City Index?

Please note that funding methods and options available with City Index can be found in the City Index Members area and depend on the City Index client’s country of residence. Please check your specific available payment methods on the City Index website. City Index accept the following funding methods : Credit cards, MasterCard, Debit cards, VISA, Maestro, Electron, Bank Transfer, MasterCard, Paypal, .

City Index review written by Andrew Blumer and Mark Hansen

We hope you found our review of the City Index brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

City Index review written by Mark Hansen of Comparebrokers.co