City Index Review

Read our in-depth forex broker review on City Index ✅ Find out how this brokers broker compares to others.
Overall Rating


Top 5 Forex Brokers

City Index Review

📅 Year founded


📈 Multiple top-tier regulation


📍 Headquarters

London, United Kingdom

🌍 Country of regulation

United Kingdom / Australia / Singapore / Canada / Japan / United States

✅ Regulators


📈 Execution Type

Market Execution

💰 Minimum Deposit


🛡️ Negative Balance Protection


📉 Trading Platforms

MetaTrader4 / TradingView / City Index Web Trading Platform

 ☪  Islamic account


📉 Trading Instruments

Forex / Indices / Commodities / Shares / Bonds / Options / Interest Rates

📱 Mobile trading

iOS / Android / Windows

💳 Payment Types Accepted

Debit and Credit Card / Bank Wire Transfer / PayPal

🎮 Demo Account


 ⓒ Copy Trading


🎁 Bonus Offer


💰 Account Currencies


📈 Minimum Trade

0.01 Lots

📈 Account Types


📈 Margin Trading


📈 Trading fees


📈 Inactivity fee

After 24 consecutive months of $15 USD

💰 Withdrawal fee


☎ Customer Support


💰 Max. Leverage


✔️ Hedging Allowed


✔️ Scalping Allowed


💰 Commission

Zero / Only on Equity CFDs

💰 Spreads

From 0.7 pips

💰 Leverage


💰 Currency Pairs (Total Forex pairs)

80 +

🔢 Number of clients

1 000 000 +

🥇 Instruments Offered

13 500 +

📙 Education

Trading Academy

Click here ✅ Open a Trading Account



City Index stands as a flagship in the realm of online trading, offering a comprehensive array of financial instruments for traders worldwide. Established in 1983, it has evolved into a globally recognised brokerage platform trusted by millions.

City Index operates under the stringent oversight of regulatory authorities across multiple jurisdictions, ensuring the highest standards of transparency and security for its clients.

The broker holds licenses from several regulatory bodies, including the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia, the Monetary Authority of Singapore (MAS), the Canadian Investment Regulatory Organisation (CIRO), the Japan Financial Services Agency (JFSA) and the Commodity Futures Trading Commission (CFTC) in the United States.

These regulatory accreditations underscore City Index’s commitment to adhering to best practices and regulatory guidelines, providing traders with peace of mind and confidence in the integrity of their trading activities.

Over the decades, City Index has earned a sterling reputation for reliability, transparency and professionalism in the financial services sector. Its long-standing presence and unwavering commitment to client satisfaction have solidified its position as a preferred choice for traders seeking a reputable and trustworthy brokerage partner.

City Index continually invests in cutting-edge technology to deliver an unparalleled trading experience to its clients. From advanced trading platforms to innovative tools and features, City Index empowers traders with the resources they need to stay ahead in today’s dynamic markets.



Since its inception in 1983, City Index has been at the forefront of the online trading industry, pioneering innovative solutions and empowering traders worldwide.

Headquartered in the vibrant financial hub of London, UK, City Index embodies the spirit of global finance, providing access to a diverse range of financial instruments spanning forex, indices, commodities, shares, bonds, options and interest rates.

With a legacy spanning over 4 decades, City Index has played a pivotal role in shaping the landscape of online trading. From its humble beginnings to its current status as a market leader, the broker has continuously evolved to meet the changing needs and demands of traders in an ever-evolving market environment.

At the core of City Index’s offering is its multi-asset trading platform, which combines cutting-edge technology with intuitive design to deliver a seamless and immersive trading experience.

With access to a vast array of markets and instruments, traders can explore new opportunities, execute trades with precision and manage their portfolios with ease, all from a single integrated platform.




  • Extensive range of trading instruments with over 13 500 instruments on offer.
  • User-friendly trading platforms including MetaTrader4 (MT4), TradingView and its own proprietary platform.
  • Competitive spreads and with zero commissions.
  • Dedicated customer support, available 24/5.
  • Regulated by a host of reputable authorities.


  • Limited account types available to its traders.
  • Limited deposit and withdrawal methods available.



City Index stands out in the online trading landscape for its extensive array of trading instruments, catering to the diverse needs and preferences of traders worldwide.

From traditional forex pairs to cutting-edge options and interest rates, City Index offers a comprehensive suite of financial products, providing traders with ample opportunities to explore and capitalize on global market trends.



Forex is the cornerstone of City Index’s offering, providing traders with access to the world’s largest and most liquid financial market. With a vast selection of currency pairs available for trading, including major, minor and exotic pairs, traders can capitalise on fluctuations in exchange rates to profit from currency movements across global markets.

With access to over 80 currency pairs, the broker ensures that traders have a variety of options to choose from.



City Index offers a wide range of stock indices, allowing traders to speculate on the performance of entire markets or specific sectors.

Whether tracking the performance of major indices such as the S&P 500, FTSE 100 or Nikkei 225, or exploring niche indices representing emerging markets or specific industries, traders can leverage index trading to diversify their portfolios and mitigate risk.



Commodities play a crucial role in global trade and finance and City Index provides traders with access to a diverse range of commodity markets.

From precious metals like gold and silver and over 20 other commodities available, traders can capitalise on price movements in commodity markets to hedge against inflation, diversify portfolios and seize trading opportunities.



City Index allows traders to trade on the price movements of individual company stocks, providing exposure to some of the world’s most renowned corporations.

With a vast selection of thousands of shares, traders can take advantage of market volatility and corporate developments to profit from stock trading.



Bonds are an essential component of fixed-income investing and City Index offers traders the opportunity to trade on the price movements of government bonds, corporate bonds and other fixed-income securities.

Whether seeking steady income streams, portfolio diversification or capital preservation, traders can leverage bond trading to achieve their investment objectives in today’s dynamic market environment.



Options trading provides traders with the flexibility to hedge against market risks, generate income and speculate on price movements with limited downside risk. City Index offers a range of options contracts on over 40 various underlying assets, including stocks, indices and commodities.


Interest Rates

Interest rate products play a crucial role in the global economy, influencing borrowing costs, investment decisions and currency valuations.

City Index offers traders the opportunity to trade on interest rate futures, allowing them to speculate on changes in interest rates set by central banks and monetary authorities, such as the Federal Reserve, the European Central Bank and the Bank of England.



City Index prides itself on offering a versatile range of trading platforms, each meticulously designed to cater to the diverse needs and preferences of traders across the globe. The broker offers the industry-standard MetaTrader4 (MT4), the intuitive City Index Web Trader and the innovative TradingView platform.


MetaTrader4 (MT4)

As one of the most popular and widely acclaimed trading platforms in the industry, MT4 needs little introduction. Renowned for its robust performance, advanced charting capabilities and extensive suite of technical indicators, MT4 remains the platform of choice for millions of traders worldwide.

With its user-friendly interface and customisable layout, MT4 empowers traders to execute trades with precision, analyse market trends with accuracy and develop and implement sophisticated trading strategies with ease.



City Index’s integration with TradingView brings together the power of advanced charting and analysis tools with seamless execution capabilities, providing traders with a comprehensive solution for their trading needs.

TradingView’s intuitive interface and interactive charting features allow traders to visualise market data in real-time, conduct in-depth technical analysis and collaborate with fellow traders through social networking features.


City Index Web Trader

City Index’s proprietary Web Trader platform is designed to deliver a seamless and intuitive trading experience directly through the web browser, eliminating the need for any software downloads or installations.

With its user-friendly interface and robust functionality, City Index Web Trader offers traders access to a comprehensive suite of trading tools and features, including advanced charting tools, customisable layouts, real-time market data and one-click trading functionality.

City Index offers a diverse range of trading platforms, including MT4, TradingView and its proprietary Web Trader platform, each designed to cater to the unique needs and preferences of traders worldwide.

With their advanced charting tools, customizable layouts and seamless execution capabilities, City Index’s trading platforms empower traders to analyse market trends and execute trades with precision.



City Index offers a limited range of accounts to traders, unless they are professional traders, in which case there are more options available. The broker’s most commonly used accounts types are the Standard and MT4 account types.


Standard Account

The Standard Account is the ideal choice for new traders looking to get started in the world of online trading. With no minimum deposit requirements and straightforward account setup procedures, the Standard Account offers a user-friendly trading experience for traders of all levels.

Traders benefit from competitive spreads starting from 0.7 pips, access to all trading instruments offered by the broker and a suite of essential trading tools and features to help them navigate the markets with confidence.


MT4 Account

For traders who prefer the industry-standard MT4 platform, City Index offers the MT4 Account, specifically tailored to meet the needs of MT4 enthusiasts.

With seamless integration with the MT4 platform, traders can take advantage of advanced charting tools, customisable indicators and automated trading strategies to enhance their trading experience and optimise their performance in the markets.

Unfortunately, the MT4 Account only provides limited access to trading instruments with around 300 instruments available.


Professional Account

The Professional Account is designed for experienced traders who require access to advanced features, enhanced trading conditions and increased leverage.

To qualify for a Professional Account, traders must meet certain eligibility criteria including a minimum trading volume of 40 trades in a year, minimum financial portfolio of 500 000 Euros and 1 years’ experience working in a professional capacity within the financial sector.


Corporate Account

For corporate clients and institutional investors, City Index offers the Corporate Account, providing access to a comprehensive suite of financial services tailored to meet the unique needs and requirements of businesses and organizations.

The Corporate Account offers customisable trading solutions, dedicated account management, institutional-grade liquidity and access to a wide range of trading instruments and markets.



Opening an account with City Index is a straightforward process that can be completed online in just a few simple steps. Traders are required to provide some basic personal information and submit the necessary documentation to verify their identity and comply with regulatory requirements.

After the required documents are submitted, traders can deposit funds and begin trading.



City Index offers a demo account option, allowing traders to practice their trading strategies and familiarise themselves with the platform without risking any real money. This is an invaluable tool for novice traders who are just starting out and want to gain experience in a risk-free environment.

The broker’s demo account aims to simulate real, live market conditions, ensuring traders have an accurate experience of the broker’s trading environment before using live funds.



City Index offers its own SMART Signals software, which is compatible with its proprietary Web Trader platform. Traders are able to access trading signals from a host of professional traders, which can be applied to their own live trading accounts.

Additionally, with the provision of the MT4 platform, traders are also able to access Expert Advisors (EAs), as well as a range of other social and copy trading features.



City Index prides itself on offering competitive spreads and low fees, with no commission charged on most trades.

However, traders should be aware that there may be additional fees associated with certain types of trades such as share trading, so it’s important to review the fee schedule carefully before placing trades.

Additionally, the broker does not charge withdrawal or deposit fees while inactivity fees are only applicable after 24 consecutive months of inactivity.

Unfortunately, the broker does not offer a swap-free account option, suitable for Islamic traders.



City Index offers competitive leverage options within the regulatory requirements imposed on the broker. The broker offers leverage of up to 30:1 for retail clients, while professional traders are able to access higher leverage than this.



City Index offers limited withdrawal and deposit options, with bank wire transfers, credit and debit cards and PayPal being the available options.

Fortunately, the broker does not charge commissions on withdrawals or deposits, however the broker does specify that third-party financial service providers may charge fees on these transactions. 



City Index is known for its exceptional customer service, with a team of knowledgeable and responsive support representatives available to assist traders 24/5.

Whether you have questions about your account, need help with a technical issue or require assistance with placing a trade, the City Index customer support team is always ready to help in a number of different languages.



City Index places the utmost priority on the safety and security of its clients’ funds and personal information.

As a regulated broker, City Index operates under the oversight of reputable regulatory authorities across multiple jurisdictions, ensuring compliance with stringent regulatory standards and providing clients with peace of mind and confidence in the integrity of their trading activities.

The broker is regulated by the FCA, ASIC, MAS, CIRO, the JFSA and the CFTC. Regulation by the FCA in the UK ensures that traders are protected under the Financial Services Compensation Scheme (FSCS), which protects traders’ funds up to the value of 85 000 GBP.

One of the key measures implemented by City Index to safeguard client funds is the segregation of client funds from the broker’s operational funds. This means that clients’ funds are held in separate accounts at regulated financial institutions, ensuring that they are not used for any purposes other than the clients’ trading activities.

City Index employs state-of-the-art encryption technology to safeguard clients’ personal information and financial data from unauthorised access and cyber threats.

By encrypting data transmitted between clients’ devices and the broker’s servers, City Index ensures that sensitive information remains secure and protected at all times, providing clients with peace of mind and confidence in the security of their trading activities.

City Index prioritises the safety and security of its clients’ funds and personal information, operating under the oversight of reputable regulatory authorities across multiple jurisdictions.

Through strict regulatory compliance, segregation of client funds, advanced encryption technology and regulated payment methods, City Index provides clients with peace of mind and confidence in the integrity and security of their trading activities.



City Index does not currently provide any bonuses or promotions, although traders are encouraged to regularly visit the broker’s website in the event that such bonuses or promotions do become available in the future.



City Index provides access to a wide range of research and analysis tools including research on the week ahead, various trading ideas and quarterly market outlooks.

Additionally, the broker provides its SMART Signals software, compatible with its proprietary trading platform and the various research tools provided by the MT4 platform.



City Index offers various in-depth educational resources available under its Academy page on the broker’s website. Under this section, the broker provides various tools such as access to various videos, lessons and a glossary.

The educational resources made available by the broker represents  one of the better educational resources made available by brokers in the trading industry, highlighting City Index’s commitment to their clients success.



Over the years, City Index has received numerous awards and accolades for its excellence in online trading.

These awards serve as a testament to the broker’s commitment to providing superior trading services and innovative solutions to its clients and include the following:

  • Best Risk Management Tools – Investment Trends Awards.
  • 2nd in Customer Service – Investment Trends Awards.
  • 2nd in Premium Charting Options – Investment Trends Awards.
  • Top 3 in Highly Regarded Platform Features – Investment Trends Awards.
  • Top 3 in Great Quality Education Materials and Programmes – Investment Trends Awards.
  • Top 3 in Top Quality Trade Executions – Investment Trends Awards.
  • Top 3 Top Quality Trading Ideas and Strategies – Investment Trends Awards.



City Index stands as a beacon of safety and trustworthiness in the online trading industry, with a long-standing reputation for integrity, transparency and professionalism.

As a regulated broker, City Index operates under the oversight of reputable regulatory authorities in multiple jurisdictions, ensuring compliance with stringent regulatory standards and providing clients with peace of mind and confidence in the integrity of their trading activities.

City Index adheres to strict protocols for segregating client funds from the broker’s operational funds, ensuring that clients’ funds are held in separate accounts at regulated financial institutions.

In the event of the broker’s insolvency, clients’ funds remain protected and can be returned to them without being subject to the claims of creditors, providing an additional layer of security and protection against financial loss.

With decades of experience and a global presence, City Index has earned a sterling reputation for reliability, transparency and professionalism in the financial services industry.

Trusted by millions of clients worldwide, City Index is widely regarded as a safe and trustworthy broker, with a track record of delivering exceptional service and support to its clients.



City Index is a leading online trading platform that offers a wide range of financial instruments, advanced trading tools and exceptional customer service. 

With its competitive spreads, user-friendly platforms and commitment to safety and security, City Index continues to set the standard for excellence in the forex industry.

City Index has remained steadfast in its commitment to excellence, setting the standard for integrity, transparency and professionalism in the industry.

By prioritising client satisfaction and regulatory compliance, City Index has earned the trust and loyalty of traders worldwide, cementing its reputation as a trusted partner in the world of online trading.

Through its research conducted on the broker, the team at can highly recommend City Index as a safe, reliable and high-quality trading partner for any trader in the industry.



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