Founded in 1983 and headquartered in the UK, City Index is one of the leading online brokers in the world. They have over 35 years of experience and cater to over 150,000 traders from different parts of the world, offering fast and reliable trade execution speeds via their award-winning platforms and technology across multiple devices. The broker gives traders access to over 12,000 markets across forex, cryptocurrency, stocks, indices, options, bonds, spread betting, ETFs, metals, energies, and other commodities.
City Index Review Introduction
In this City Index review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including City Index.
City Index Platforms & Tools
City Index provides traders with fast, flexible, and reliable trading platforms that are available in multiple versions — desktop, web, and mobile. With over 16 chart types, real-time news from Reuters, and 80+ technical indicators, the City Index trading platforms can be customized to suit individual traders’ needs.
Here are the platforms provided by this broker:
- City Index Advantage WebTrader Platform: It features advanced charts with a range of intelligent trading tools.
- City Index Mobile Trading App: The apps are compatible with iOS and Android devices and can help you to trade on the go.
- AT Pro Trading Platform: This is a desktop platform made for advanced traders who need more powerful analysis tools.
- MetaTrader 4 (MT4): The platform is available in a web version, desktop applications, and mobile trading apps.
In addition to the tools in the platforms, the broker provides other tools like Expert Market Analysis, Economic Calendar, Reuters Financial News, Trading Strategies, and Research Portal.
City Index Research & Education
The broker provides clients with a large collection of educational materials to improve their trading knowledge and skills. Some of the educational resources provided include tutorial videos, articles, webinars, and more.
City Index Trading Accounts
City Index offers a selection of spread betting and CFD account types. The minimum deposit starts from $100, and spreads start from 0.5 points. The main account types are the Trader Account, Premium Account, and Professional Account.
City Index Account Funding
City Index only accepts wire transfer and credit cards for account funding and withdrawals. There may be different transact fees. Bank transfers may take a few business days to clear, but card payments may be instant. Accounts can be opened in USD, GBP, CHF, JPY, and NZD.
City Index Customer Service
The broker’s client support services are available 24 hours a day, 5 days a week. You can reach them through online chat, phone, or email.
City Index Regulation
City Index is regulated by financial authorities in 8 jurisdictions, including the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS). The parent company of City Index is GAIN Capital Holdings Inc., which is a publicly traded company listed on the New York Stock Exchange (NYSC) with the ticker symbol GCAP. Thus, they also keep to the standards of the NYSE and the SEC.
City Index Review Summary
City Index is a well-established and fully regulated broker that offers over 450 tradable instruments across different asset classes. They provide advanced trading platforms, tools, and educational resources.
It is worth mentioning that some of the trading products and services in this City Index review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the City Index broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.