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City Index Summary

Trust Rating AAWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

  • Regulated by the Financial Conduct Authority, UK #113942
  • Over 11,000 active traders every month
  • Over 30 years in business (established 1983)
  • Over 10,000 instruments available
  • Client deposits are held in segregated bank accounts
Start trading with City Index Open a practice account
Losses can exceed deposits. Your capital is at risk.


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  • Regulated by the Financial Conduct Authority, UK
  • Over 155,000 users
  • Over 8 years in business
Visit Plus500 to start trading

City Index Review

City Index
Trust Rating AA
  • Regulated by the Financial Conduct Authority, UK #113942
  • Over 11,000 active traders every month
  • Over 30 years in business (established 1983)
  • Over 10,000 instruments available
Visit City Index to start trading
City Index
4.1 5 43

City Index Review

City Index

City Index Ltd are brokers offering financial spread betting,forex and CFDs.

City Index Group was founded in 1983 and has headquarters in London.

City Index offers both a standard and VIP account. The VIP account offers extra benefits such as a dedicated on-hand senior sales trader, flexible and preferential margin rates, and a leverage of 10:1 but is invite only.

City Index is regulated by the Financial Conduct Authority (FCA) and offers access to global markets including commodities, currencies and indices.

Capital Index offer competitive spreads of 1 pip on EUR/USD and 1 point on FTSE and Wall Street as well as zero commission on CFDs and spread betting.

They have a minimum account deposit of $100, and deposits and withdrawals can be made on a City Index account through debit and credit cards with a minimum withdrawal of $50 and a maximum of $20,000.

The trading platform used is the Meta Trader 4 (MT4) and is very compatible with mobile.

They also offer a 4 week ‘Learn to Trade’ programme, which enable learners carry out small trades across a their platforms.

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City Index Spreads from (view all)

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  • Website

    Min. Deposit: £25

  • Services Offered:

    Forex, CFDs, Spread Betting

    Min. Trade: minimum lot is 1000

  • Instruments:

    Shares, Forex, Indices, Options, Bonds, Commodities

    Max. Trade: Varies

  • Excluded countries:

    Afghanistan, Western Côte D'Ivoire, Libya, Cuba, Myanmar, Zimbabwe, Equatorial Guinea, New Zealand......**

    Margin: 5%

  • Platforms:

    MT4, Mobile Apps, Web Trader, Advantage Web

    Leverage: FX 200:1, Indices 200:1 , Commodities 200:1

  • Apps:

    iPhone, iPad, Android, Tablet, Blackberry, Windows Phone

    Commission: None

  • Payment & Withdrawals

    Payment methods Payment methods

City Index Pros & Cons

City Index is one of the oldest brokers around and offers a wide variety of instruments. On top of that, City Index offers both fixed and floating spreads and the popular MT4 Platform. City Index offers a full range of risk management features including guaranteed stop losses, guaranteed limit order, trailing stops and price alerts.

City Index also offers the ability to use expert advisors and a VPS account for automated trading on the MT4 platform. City Index is a market maker and also offer an STP account.

City Index does not allow scalping and does not offer ECN account or any bonuses, for traders that want to scalp or an ECN trading platform, City Index may not be suitable for them. Traders who want to use scalping as part of their trading strategy can view a list of the top brokers that allow scalping here. City Index also charge a 2.5% fee for credit card deposit which could be a significant deterrent to some traders.

  • Offers tight fixed spreads
  • Offers tight variable spreads
  • Has guaranteed stop losses & limit orders
  • Allows one click trades
  • Has trailing stops
  • Offers price alerts
  • Allows Hedging
  • Allows EA integration and automated trading
  • Offer VPS services
  • Offers Islamic accounts
  • Charges 2.5% Deposit fee on Credit Card
  • Does not allow Scalping
  • Does not offer ECN Accounts
  • Inactivity fee

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Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.