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City Index Review

  • Regulated by: Financial Conduct Authority, ASiC and MA…
  • Used by: 140,000+ traders
  • Trust Rating: A
Open City Index's Website

Losses can exceed deposits. Your capital is at risk.

City Index offer three ways to trade: Forex, CFDs, Spread Betting.

To open a live account, you’ll need a minimum deposit of at least $25. Alternatively, City Index offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 113942), and ASiC (AFSL #345646). City Index puts all client funds in a segregated bank account and uses tier-1 banks for this. City Index have been established since 1983, and have a head office in UK.

Before we dive into some of the more detailed aspects of City Index’s spreads, fees, platforms and trading features, you may want to open City Index‘s website in a new tab by clicking the button below in order to see the latest information directly from City Index.

Open a demo account Visit City Index

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.


  • Used by 140,000+ traders
  • Established in 1983
  • Regulated by Financial Conduct Authority, ASiC and MAS
  • Min. deposit from $ 25


What are City Index's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on City Index’s website. The colour bars show how competitive City Index’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

City Index AvaTrade Plus500
Spread from: $5.00 $7.00 $6.00
Typical overnight fee: $20.60 $5.00 $9.40
Commission: 0 0 0
Total cost of a 100k trade: $25.6 $12 $15.4
+$13.6 saving +$10.2 saving
Visit City Index Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • City Index does charge inactivity fees
  • City Index withdrawal fees varies on payment method

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$20.6
  • the roll over fee for short positions on EUR/USD is $0.25


  • City Index does charge commission on CFD shares

What instruments can you trade with City Index?

FX / Currencies City Index AvaTrade Plus500
# of forex pairs offered 84 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs City Index AvaTrade Plus500
# of commodities offered 26 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs City Index AvaTrade Plus500
# of Stocks offered 4500 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See City Index's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the City Index trading experience like?

1) Platforms and apps

City Index offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

City Index Screenshot See City Index's Platforms

City Index also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See City Index's platforms

Trading Features:

  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

City Index allow you to execute a minimum of trade of 1 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.As City Index offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, City Index offer margin up to 0.0005% on currencies.

Finally, we‘ve listed some of the popular funding methods that City Index offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer

3) Client support

City Index support a wide range of languages including English, Spanish, German, Arabic, Polish, and Chinese

City Index have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from www.cityindex.co.uk on November 21, 2017.