City Index Review
Overall Rating
3.8 / 5
Fees
4.5 / 5
Safety
4.5 / 5
Platforms
4.2 / 5
Education
4.0 / 5
Min. deposit
$0
City Index — At a Glance
- Regulation
- FCA (United Kingdom), ASIC (Australia), MAS (Singapore)
- Broker Type
- Market Maker
- Minimum Deposit
- $0
- Payment Methods
- Bank Transfer, Debit Card, Credit Card
- Account Currencies
- EUR, GBP, USD, PLN, CHF
- Assets Offered
- Forex, CFDs, Spread Betting
- Trading Platforms
- Web Trader, Mobile App, TradingView, MetaTrader 4 (MT4)
- Demo Account
- Yes
- 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
- Swap Free Account
- No
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- No
- Social / Copy Trading
- No
- Hedging
- Yes
- Scalping
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Bonuses
- No
- Contests
- No
- Headquarters
- 1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET, United Kingdom
- International Offices
- United Kingdom, Australia, Singapore
- Languages
- English
- Customer Support
- Live Chat, Email, Phone
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