FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
City Index logo

City Index Review

Key Facts

Regulation
FCA · ASIC · MAS
Broker Type
Market Maker
Min. Deposit
$0
Platforms
Web Trader, Mobile App, TradingView, MetaTrader 4 (MT4)
Fees
Low
Max Leverage
1:30
Demo Account
Yes

Our Ratings

3.8
out of 5
Safety & Regulation4.5
Fees & Costs4.5
Platforms & Execution4.2
Education4.0
VISIT CITY INDEX

70% of retail FX and CFD accounts lose money.

Pros & Cons

Pros

  • +Strong regulatory framework
  • +Parent company, Stone X, is publicly listed on the stock exchange
  • +Fast and easy account opening process
  • +Demo account available
  • +No minimum deposit
  • +Fast and secure payment methods
  • +Free deposit and withdrawal
  • +Negative balance production
  • +Low forex trading fees
  • +User-friendly mobile, web, and desktop platforms
  • +Supports TradingView and MT4
  • +No restrictions on trading strategies

Cons

  • −Narrow product selection
  • −Limited account currency options, compared to competitiors
  • −MT5 not available
  • −No integrated copy trading and PAMM trading features
  • −Islamic (swap-free) account not available
  • −Limited research tools
  • −Customer support could be improved

City Index - At a Glance

Trading Conditions

Broker Type
Market Maker
Minimum Deposit
$0
Maximum Leverage
1:30
Spread Type
Variable
Spread From
0.8 pips
Commission
No Commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
100
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Spread Betting

Account Types

Demo Account
Yes
Swap Free Account
No
Managed Account
No
PAMM / MAM Trading
No
Joint Account
No
Social / Copy Trading
No
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Web Trader, Mobile App, TradingView, MetaTrader 4 (MT4)
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes

Company

Regulation
FCA (United Kingdom), ASIC (Australia), MAS (Singapore)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET, United Kingdom
International Offices
United Kingdom, Australia, Singapore
Payment Methods
Bank Transfer, Debit Card, Credit Card
Account Currencies
EUR, GBP, USD, PLN, CHF
Languages
English
Customer Support
Live Chat, Email, Phone
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VISIT CITY INDEX

70% of retail FX and CFD accounts lose money.