City Index Review
Updated regularly · Independent ratings
Overall Rating
3.8 / 5
Fees
4.5 / 5
Safety
4.5 / 5
Platforms
4.2 / 5
Education
4.0 / 5
Min. deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
City Index — At a Glance
Full broker data from our database
| Minimum deposit | $0 |
| Broker type | Market Maker |
| Spread type | Variable |
| Spreads from | 0.8 PIPS |
| Commission | No Commission |
| Maximum leverage | 1:30 |
| Minimum lot size | 0.01 |
| Maximum lot size | 100 |
| Decimal pricing | 5 decimals |
| Trading platforms | Web Trader, Mobile App, TradingView, MetaTrader 4 (MT4) |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | No |
| Managed account | No |
| PAMM / MAM account | No |
| Joint account | No |
| Copy trading | No |
| Social trading | No |
| Account currencies | EUR, GBP, USD, PLN, CHF |
| One-click trading | — |
| OCO orders | Yes |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | Yes |
| Bonuses | No |
| Contests | No |
| Regulators | FCA (United Kingdom), ASIC (Australia), MAS (Singapore) |
| Headquarters | 1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET, United Kingdom |
| International offices | United Kingdom, Australia, Singapore |
| Assets offered | Forex, CFDs, Spread Betting |
| Payment methods | Bank Transfer, Debit Card, Credit Card |
| Languages | English |
| Customer support | Live Chat, Email, Phone |
| Contact email | support@cityindex.com |
| Minimum deposit | $0 | Social trading | No |
| Broker type | Market Maker | Account currencies | EUR, GBP, USD, PLN, CHF |
| Spread type | Variable | One-click trading | — |
| Spreads from | 0.8 PIPS | OCO orders | Yes |
| Commission | No Commission | Trailing stop loss | Yes |
| Maximum leverage | 1:30 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 100 | Interest on margin | Yes |
| Decimal pricing | 5 decimals | Bonuses | No |
| Trading platforms | Web Trader, Mobile App, TradingView, MetaTrader 4 (MT4) | Contests | No |
| API access | Yes | Regulators | FCA (United Kingdom), ASIC (Australia), MAS (Singapore) |
| VPS | Yes | Headquarters | 1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET, United Kingdom |
| Demo account | Yes | International offices | United Kingdom, Australia, Singapore |
| Segregated account | Yes | Assets offered | Forex, CFDs, Spread Betting |
| Swap-free account | No | Payment methods | Bank Transfer, Debit Card, Credit Card |
| Managed account | No | Languages | English |
| PAMM / MAM account | No | Customer support | Live Chat, Email, Phone |
| Joint account | No | Contact email | support@cityindex.com |
| Copy trading | No |
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