Regulators
FCA, ASIC, MAS Singapore
Min. deposit
$0 (no minimum)
Spread from
0.5 pips (Standard)
Max. leverage
Up to 1:30 (EU retail) / 1:50 (Pro)
Platforms
MT4, Web Trader Pro, AT Pro, TradingView
Founded
1983 · London, UK
City Index review summary
City Index is a UK CFD broker founded in 1983 — among the oldest in the industry — now part of StoneX Group (NASDAQ: SNEX), the same Fortune 100 financial services parent as Forex.com. Regulated by FCA (UK), ASIC (Australia), and MAS (Singapore).
The City Index brand specifically targets active multi-asset discretionary traders with the Web Trader Pro proprietary platform offering sophisticated charting + integrated Reuters news. The instrument catalogue (12,000+) is among the broadest in retail CFDs.
Being part of the StoneX group means City Index benefits from the same regulatory transparency and balance-sheet visibility as a publicly-listed Fortune 100 company — an unusually strong counterparty risk profile for a CFD broker.
Where to trade
Best for UK + APAC discretionary traders wanting an established LSE-credible brand. Active scalpers should compare cost-per-trade with Pepperstone — City Index spreads are wider but the institutional credibility is real.
City Index — Frequently Asked Questions
Is City Index regulated and safe?
City Index is regulated by FCA, ASIC, MAS Singapore, holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is City Index legit or a scam?
City Index is a legitimate, regulated broker — not a scam. It operates under oversight from FCA, ASIC, MAS Singapore, which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at City Index?
The minimum deposit at City Index is $0 (no minimum). Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from City Index?
Withdrawals from City Index are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by City Index, so check its funding page for current details.
What fees and commissions does City Index charge?
City Index's main cost is the spread, starting from 0.5 pips (Standard). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at City Index?
Spreads at City Index start from 0.5 pips (Standard), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does City Index offer?
City Index typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $0 (no minimum), and platforms include MT4, Web Trader Pro, AT Pro.
What trading platforms does City Index offer?
City Index supports: MT4, Web Trader Pro, AT Pro, TradingView. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at City Index?
Maximum leverage at City Index is Up to 1:30 (EU retail) / 1:50 (Pro). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does City Index offer a demo account?
Yes — City Index offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is City Index best suited for?
UK + EU + APAC discretionary traders wanting an established LSE-credible brand with deep instrument coverage.
