City Index Review 2025 Pros, Cons & Key Findings

Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. This set of common questions will provide answers and solutions for most issues. When more rigorous support is needed, however, City Index’s staff is there to help.

Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… City Index has an impressive catalog of over 13,500 tradable products across forex, CFDs, and spread bets, as well as options on indexes, shares, commodities, metals, bonds, and interest city index review rates. Clients can trade more than 4,700 stocks from multiple exchanges while index and metal CFDs can be traded on a cash or futures basis. Additionally, traders enjoy access to pre-market and after-hours trading on over 70 popular U.S. stocks.

About the Editorial Team

Unfortunately, there is no zero-spread account, which would be ideal for active traders interested in trading small price movements. Educational resources are especially high quality and great for beginner investors, as well as more experienced traders, and the research resources are also top-class. There are high-quality videos, articles, and webinars on a wide range of topics.

City Index vs Other Brokers

Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. If you don’t know how these platforms compare to third-party platforms, we’ve also compiled a guide to help you understand and select the best options for you. This practice involves multiple short-term positions, each with small profit margins.

Podcasts would further enrich the experience for traders like me who like to listen on the move. While the tools are highly effective, I’ve noticed some areas for improvement. It would be great to have more interactive options, like live weekly webinars or Q&A sessions with analysts, to discuss real-time market developments.

Is City Index regulated?

Neither our writers nor our editors receive direct compensation of any kind to publish information on tokenist.com. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid. City Index runs a market-maker pricing model through its proprietary dealing desk. In other words, City Index creates its own market for retail traders to buy and sell financial instruments. When it comes to leverage, City Index’s offering is fairly muted compared to other leading forex brokers.

Does City Index offer MetaTrader 4?

• AT Pro represents one of the most advanced trading platforms available to traders in today’s financial markets.
• Overall, City Index is a solid option for traders looking for a well-established broker with strong research tools and a wide range of markets.
• When dealing with Indices, commodities, and stock CFDs, the instrument being traded determines the minimum stake.
• Dozens of trading ideas and opportunities utilizing diverse market approaches are offered on the platform.
• Spread betting is similar to CFD trading in that it is a form of margin trading and most of the same instruments are available with the same leverage.

Both City Index Mobile and the MT4 mobile app are ideally suited for traders who are on the move, providing stop-loss orders, watchlists functionality, and Reuters news integration. It’s important to point out, however, that traders do not buy contracts of the underlying instruments. Instead of contracts, clients are betting on the price movements of the financial asset. Overall we found that City Index performed poorly, a lowly 17th of the 20 brokers. To verify our results we did the test again one week later and the results were similar.

Research and news articles on City Index’s web platform from in-house staff and third parties, including Trading Central. The minimum withdrawal is £100 while the maximum is £20,000 in a single transaction. No, you don’t but they may ask some question to ensure you understand the risks of CFD trading before accepting you as a client. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.

Brokers By Country

In addition to these methods, traders can also find the answers to a range of frequently asked questions in the FAQ section of the brokerage’s website. Perhaps the single aspect we like most about City Index is the vast range of CFD trading options it offers. When setting up the account, we found the opening process to be easy and straightforward. City Index offers a multi-currency deposit solution and can accommodate 9 base currencies (EUR, GBP, USD, CHF, HUF, AUD, CHF, JPY, PLN). The standard MT4 platform is also available for traders to use on their web browsers using WebTrader.

Traders can place trades as small as 0.01 lots (micro lots) when dealing with MT4. When dealing with Indices, commodities, and stock CFDs, the instrument being traded determines the minimum stake. City Index lists all precise details relating to stakes on their website, allowing traders to verify before moving forward. There are different account types available at City Index, each of which is perfect for different experience levels and trading preferences. While we think City Index offers a lot of benefits to traders, we view these two factors as major disadvantages.

The weekly forex outlooks and forecasts published every Monday morning at 10.00 am is another insightful tool that will prepare forex traders for the week ahead. Up to three debit or credit cards can be used for an account across Visa and MasterCard. When transferring funds from an Australian bank, no deposit fees are charged, and there are no charges for funding through a bank transfer when the account is based in Australia. Deposits on City Index CFD accounts start from as little as $150 (although $2,000 is their recommendation) and there are no funding costs with most methods. On City Index, the standard MT4 platform is upgraded with variable forex pricing and access to all of City Index’s market analytics.

City Index General Company Information & Regulation

City Index also offers cryptocurrencies, but only for its Australian clients. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. FOREX.com gives you direct access to global forex markets with low spreads, lightning-fast execution and powerful trading platforms—all under the regulation of the CFTC. Fixed spreads might be offered on certain instruments and in certain trading periods.

• City Index provides access to both MetaTrader 4 and a proprietary platform, catering to a variety of trading preferences.
• In order to qualify for this account, traders also need to have made 40 or more significantly sized trades in the previous year and a portfolio with a minimum of €500,000.
• Each account type has its own set of features and requirements, so it’s crucial to choose the one that best suits your trading goals and experience level.
• There’s also a relatively high monthly inactivity fee of £12 (or equivalent) that may apply if your account remains inactive for 12 consecutive months.
• This functionality is invaluable if you want to execute strategies around the clock without manual intervention.
• The standard MT4 platform is also available for traders to use on their web browsers using WebTrader.

Although it was a brokerage firm focused on spread betting in its early years, City Index now offers many other financial products to its customers. The company also added to its offer by introducing multiple trading platforms, and is now a well-rounded brokerage service. AT Pro, the proprietary trading platform of City Index is an excellent gateway to financial markets. It is available as a powerful HTML5 Web Trader, a mobile version, or as a downloadable desktop version. The MT4 trading platform is available as the basic version, without any of the required third-party add-ons to unlock its full potential. Traders with existing automated trading solutions developed on the MT4 infrastructure will enjoy access to an outstanding trading environment.

There are two types of demo accounts, both of which can be used for up to 12 weeks. This percentage is not unusual because CFDs are very risky financial products in general, so make sure you know what you’re doing before trading. Overall, City Index is a solid option for traders looking for a well-established broker with strong research tools and a wide range of markets. While it may not be the best fit for those seeking social trading or crypto exposure, it remains a reliable choice for traders who value regulation, research, and platform flexibility. City Index operates in some of the largest trading markets like the UK, Australia, Singapore, UAE, and South Africa. Only users from countries where leveraged trading is restricted can’t access the broker.