City Index Review: Pros, Cons, And How It Stacks Up | 2025 Update
This City Index review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about City Index to give you the most comprehensive guide available.
City Index is a world class broker that was founded in 1983. They have around employees that help the company provide , to 14,000+ customers through MT4, Web Trader, Tablet & Mobile apps.
City Index Guide – Read our In-Depth City Index Review
City Index Rating: 4.23 / 10
This City Index review page contains information about investing with City Index. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of City Index does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This City Index review contains the latest info about City Index.
If you're a new entrant in the realm of trading online and brokers, so many facts will no doubt be confusing for you. Getting into the world of online trading requires expert analytical skills and comprehensive understanding. You will acquire adept at all of the concepts of online trading and brokers while you keep trading. For starters, you have to select the right broker who'll consistently be clear with you.
Within the fast-paced world of financial markets and trading, you will need guidance to make sensible decisions. A professionally lead investment partner could assist you in minimising any losses and maximising any profits. City Index is one such broker which will help you. It's important to learn all you can about any broker before you trust them with your cash.
When engaging in online trading with platforms such as City Index, it's crucial to carefully assess City Index as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your City Index investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your City Index broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of City Index, its track record, and reputation is vital. Moreover, ensure the City Index broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, City Index should be a reliable companion on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with City Index into easily understandable information in this City Index review. Our goal is to equip you with the knowledge necessary to confidently use City Index trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with City Index are the cornerstone of successful trading. As such, we've provided this comprehensive City Index review. So, settle in, grab a cup of coffee, and immerse yourself in learning about City Index and how it can benefit you, or if City Index might not be the right fit for you.
City Index Guide for 2025 – Quick Overview
City Index Telephone: | +44 20 7107 7020 |
City Index Support Email: | support@cityindex.co.uk |
City Index Address: | Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP |
Year Founded: | 1983 |
Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) |
Hedquarters: | UK |
Minimum Deposit: | $25 |
Number Of Clients: | 14,000+ City Index users and traders |
City Index LinkedIn: | https://www.linkedin.com/company/city-index/ |
City Index Facebook: | https://www.facebook.com/CityIndexUK/ |
City Index Facebook Likes: | 10,021 |
City Index Twitter: | @CityIndex |
City Index Twitter Followers: | 13,600 |
City Index Instagram: | https://www.instagram.com/cityindexuk/ |
City Index Instagram Followers: | 683 |
City Index Youtube: | https://www.youtube.com/user/CityIndexLtd |
74% of retail investor accounts lose money when trading CFDs with this provider |
Our full City Index review for beginners covers all you will need to know about trading with City Index. A good broker can use your initial investments and help to protect it from losses but also provide you a platform that can help to provide you profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
Of course, there's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
City Index is a trading partner that has paved its way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important facets of City Index. This guide can allow you to learn whether City Index is a fantastic match for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Who are City Index?
City Index is a forex broker with its head office in UK and provides a variety of instruments for trading. Since its inception in 1983 they have emerged as a leading player in the field of online trading. City Index includes a highly professional and full-featured trading site that is focused on currency, indices, metals, stocks and commodities.
Over the past 42 years, City Index has developed into one of the best online brokers available to the public.
After establishing itself in 1983, their consumer base has increased to 14,000+ clients.
City Index is the favourite for many stock dealers because of its negative balance protection. Our City Index account review discovered that they're a superb platform for online trading solutions. They are best suited for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at City Index.
Technology plays a significant role at City Index. They features trading on MT4, Web Trader, Tablet & Mobile apps. City Index is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The trader resource section at City Index is very enlightening for new traders as it allows them to get a closer look at the financial markets. City Index caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.
City Index Review Videos
Benefits of online trading with City Index in 2025
Trading with City Index includes numerous advantages. These advantages are what sets City Index apart from all other online brokers. You need to check all the advantages listed so you have a better understanding of City Index.
The broker goes to great lengths to understand what traders need. As a result, the service, fast, and convenient. The agent also gives a variety of programs for all types of traders. City Index ensures that the individual needs of all traders are met to the best of their capabilities.
City Index also features excellent trading conditions which are readily available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by City Index is among the highest caliber, making sure that it is fast, dependable, and effective.
City Index admits the significance of owning a quick order execution. A fast execution will allow users to trade without worrying about slippage safely. It will also aid the traders to grab any opportunities.
Copy trading is another major aspect of City Index. A new trader can learn from business experts utilizing the automatic copy trading alternative. This means you can monitor the best performing brokers and instantly mirror their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, City Index offers social trading which encompasses leading traders sharing their knowledge with the community. City Index's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading.
City Index has over 12,500 trading instruments to support all types of traders. These tools are dynamic and convenient for both the new and experienced traders. All dealers can set aside all their concerns when trading with City Index.
City Index Overview
Year Founded: 1983
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Hedquarters: UK
Minimum Deposit: $25
Number Of Clients: 14,000+
74% of retail investor accounts lose money when trading CFDs with this provider
If you feel that City Index is not right for you then at the bottom of this City Index review you will find a lot of alternatives to City Index.
Everything you should know about trading using City Index
City Index is a lively platform that provides various procedures of trading. These tools cover the financial markets considerably. The Majority of the brokerage platforms provide fewer procedures than City Index
If you want to trade with City Index, you'll require a minimum deposit of $25. This deposit is required if you would like to begin trading with City Index. This 2025 City Index review will direct you clearly about trading with them.
City Index is as versatile as any other broker platform. City Index is great for traders that want a manageable array of low-cost services. The programs offered by City Index are third party, white-label offerings. All traders may select from MT4, Web Trader, Tablet & Mobile apps
Along with everything, City Index has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept available. The agents offer premium client service which rewards clients with benefits.
Many unethical brokers try to pressurise customers into bigger funding for premium services. City Index, though, is much more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater advantages will come along.
City Index accounts are available all over the world and provides excellent service everywhere they have clients. There are some select few countries where City Index accounts are not available. Traders in the following countries cannot open or use a City Index account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is City Index Safe To Trade With In 2025?
Founded in 1983, City Index has been in operation for 42 years, they have a head office in UK
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS). These bodies have rules that ensure that trading platforms have steps in place to maintain investor's assets secured. This usually means that City Index users do not need to be worried about their money since it is segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.
You are able to make use of a choice for 2 Factor Authentications (2FA) with City Index for heightened safety. An SMS for the confirmation code will be sent to your mobile phone. You'll be required to enter this code to log in to your accounts.
Another concern with fiscal brokers with regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is much more widespread in the example of Market Maker agents who compete with users on the stage.
City Index Risk Disclaimer
74% of retail investor accounts lose money when trading CFDs with this provider
Pro's & Con's Of Trading With City Index
Every online trading platform will have a few pros and cons City Index review would be complete without showing both sides. This City Index review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
City Index Pro's
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
City Index has been trading for 42 years.
City Index offers customer support over the phone.
City Index provides customer support over email.
City Index gives access to customer support over livechat.
City Index offers guaranteed stop loss.
City Index offers negative balance protection.
City Index has a low minimum deposit requirement.
You can trade Cryptocurrencies with City Index.
City Index offers social trading.
City Index offers copy trading.
City Index allows commodity trading.
You can trade metals with City Index.
You can trade energies with City Index.
City Index Con's
City Index is not highly rated by us. City Index hasn't won any awards. City Index charges withdrawal fees. City Index charges inactivity fees. City Index only has a small staff. City Index doesn't allow scalping. City Index doesn't allow hedging.Compare Brokers Similar To City Index
Regulation And Licencing In More Detail
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
City Index, as a company, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer information is to not be shared with some other institutions or individuals. Including credit history and other financial information.
City Index Awards
At the time of writing this City Index review, and despite City Index’s impressive offering, the company has surprisingly not garnered any awards to date.City Index Trading Platforms
City Index are a professional broker that has been open for over 42 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any professional online brokerage and compare City Index with Startrader, and freetrade.
City Index MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with City Index in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. City Index MetaTrader 4 is compatible with the latest macOS. City Index allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and City Index
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With City Index MetaTrader 4 On iOS Devices
You can download the City Index app or also trade with City Index through the MetaTrader 4 application on the Apple app store.
Download the City Index MetaTrader 4 Program free of charge from Apple's App Store. City Index customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With City Index MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. City Index provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 14,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android City Index MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to get started on City Index is $25. This is an adequate amount for those just starting out. It's possible to create more complex residue as you cooperate. But, make certain that you know how to make the most of your money before investing in larger sums.
Commission And Fees Explained
City Index is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.
The first sort of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, financing speed, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They are billed for services like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, City Index does not charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees charged by City Index are comparatively lower. Consequently, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This City Index review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of City Index
City Index Withdrawal Fees Explained
City Index charges a withdrawal fee when you make a bank transfer. Every time you move money into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from your City Index account. It's possible to draw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to remember is that you don't always need to have any money on your account.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn cash will be sent into the cardCity Index will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're choosing to withdraw in.
City Index Inactivity Fees Explained
City Index charges an inactivity fee when you don't create any trades for a while.
Even if no charges have been implied by City Index, it's best for you to close the account if you're inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is exposed to a lot of conditions and should be disclosed clearly by the broker beforehand.
City Index Deposit Fees Explained
When you move money into your trading account by the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.
City Index charges a deposit fee for transferring money into your trading account.
Depositing money into the City Index trading platform is easy. You simply have to complete a single-user profile survey to begin depositing money into your trading account. You will have to provide an identity proof and proof of residency to deposit substantial sums.
Compare City Index Vs Other Broker Deposit Methods
What Can You Trade With City Index in 2025?
Note: City Index offers many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may differ depending on the country of residence of the client.
City Index has a wide variety of over 12,500 instruments available for you to trade with.
If trading forex pairs is of interest to you then City Index offer over 100 currency pairs.
Compare City Index, Startrader & freetrade below.
City Index Trading App Review
Note: City Index's mobile app has a lot of functionality and is being constantly improved. The table below was accurate at the time of writing this City Index broker review.
Understand the capabilities of the mobile apps of City Index, Startrader & freetrade below.
Trading Education Available At City Index
Understand the trading resources available with City Index, Startrader & freetrade below.
City Index Customer Support
As part of our City Index broker review we tested the customer service options including response times, and on the City Index trading platform issue resolution effectiveness. City Index support various languages, including English, Spanish, German, Arabic, Polish, and Chinese
City Index Live Chat Support
We tried the live chat on City Index, and it was very effective. We made a request through the City Index livechat via their app and web site and got a reply after 10 seconds. There was sometimes no response.
We tried communicating through City Index support in multiple languages across multiple countries. City Index were successful in resolving customers' issues.
City Index Phone Support
We called City Index and the call was answered extremely quickly. We were able to have the call answered in less than 5-10 minutes.
The City Index phone support team was able to successfully address our questions and issues over the phone. We tested the multilingual City Index team by making calls in various languages. City Index made an effort to make sure that our questions were addressed.
The overall phone support provided by City Index was good.
City Index Email Support
We sent several email to City Index and answer times overall were acceptable. The fastest email response from City Index was 3 hours and the longest response time was 3 days! Sometimes , there wasn't a response. Response times to support may differ depending on what is needed from City Index, but this was our experience sending out 10 emails at various times.
The team was able to resolve and answer our queries. Overall average email support from City Index was satisfactory.
Alternatives To City Index
If, after reading this City Index review, they don't quite meet your needs check out these City Index alternatives.
We've scoured the web to find the best alternatives to City Index. Click on the links below to find out more.
Frequently Asked Questions
Can I try City Index before I buy?
Absolutely! you can most definitely try City Index before you buy. City Index provides demo accounts for the ease of new traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you register to get a demo account with City Index, you will set out using a decent amount of virtual currency. It is to establish a feeling of security and confidence in you before you choose to invest your own money.
With this virtual City Indexdemo account, you are able to experiment at all, to whatever length you desire. You can also start positions, test different trading strategies, and much more.
City Index shows on its official site that you are able to trade real time stocks in a demo account.
Is City Index safe?
It is possible to drop all of your worries because we believe that City Index is totally safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
To its credit, City Index does provide assured stop-loss protection.
Why does City Index ask for my passport?
The reason that City Index asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, City Index has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, City Index must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with City Index?
The process to start trading with City Index is super simple. You need to begin by signing up on the City Index website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but City Index are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with City Index is $25. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with City Index.
The best way to kickstart your trading career with City Index is to open a demo account facility before risking any real money
What funding methods do City Index accept?
There are multiple ways to fund your account with City Index. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal is not available in all place. The currencies City Index accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes about 4-7 days.
Is my money safe with City Index?
Yes, your cash is safe and protected with City Index. As you know, City Index works with good conformation to regulations. It has established lots of steps to guard all of its own investors.
City Index safeguards its clients' private and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your account, it is possible to empower Two-Step Verification as well. It takes an SMS affirmation that you get your account.
Is City Index trading good?
Yes, trading via City Index is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. In addition, you could even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform on your own.
Which Countries do City Index support?
City Index operates around the world. However, due to regulations City Index cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is City Index legit?
City Index is a legit company headquarted in UK since 1983. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS). City Index is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is City Index a good broker?
City Index is a great agent, and its users can vouch for this. The highlight of this platform is its quick order execution on transactions.
You'll find the clean design of the platform and the admirable features are pleasant to work with.
Is City Index a trustworthy broker?
Yes, City Index is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 14,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for City Index?
The minimum deposit to open a live account with City Index is $25
How long do City Index withdrawals take?
Normally, withdrawal of money from City Index is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from City Index to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is City Index regulated?
City Index are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Is City Index a market leading broker?
City Index is indisputably among the industry leaders. It supports over 14,000+ registered users and over 42 years of expertise on its own record. They are one of the world's top trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this standing to its incredible platform and broad selection of resources plus tools so you may put money into capital markets.
Is City Index a con?
No, City Index is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) and must adhere to their rules. Thus, it is safe to say that City Index is not a scam.
Can you make money with City Index?
Using City Index, several traders earn a lot of cash. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, 74% of retail investor accounts lose money when trading CFDs with this provider
This can look to be a little number, but over the entire year, this adds to a substantial amount of gains. While City Index provide you all the tools to earn money, they can't guarantee that you will gain.
Does City Index have fees?
Yes. To begin trading using City Index, you have to deposit $25. Certain commissions while trading also apply. Any processing fees from your bank might have to be incurred by you.
When was City Index founded?
City Index was founded in 1983 in UK. City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
How many people use City Index?
City Index is a worldwide recognised agent with 14,000+ customers.
Where is the City Index head office?
City Index has its head office in UK
Does City Index offer negative balance protection?
Yes, City Index has Negative Balance Protection. It is especially offered while the industry volatility keeps customers from letting their accounts go into the red. In a situation like this, City Index offers the ability to reset a customers account balance to zero.
You should go through the critical terms and conditions on City Index's site to understand their policies.
Does City Index offer guaranteed stop loss?
Yes, City Index provide a guaranteed Stop Loss order.
If there's absolutely no free margin left with the client, City Index will cease your positions. If the losses in the stopped out location exceeds your account balance, you may experience a negative account balance.
Does City Index allow scalping?
No, the stipulations of City Index don't condone scalping. It is a trading technique that is not allowed on the broker's platform. You have to consult with City Index's provisions and conditions to read more about its policies.
Does City Index allow hedging?
No, unfortunately City Index does not allow hedging.
Can you trade energies with City Index?
Yes, you can trade energy stocks with City Index
Can you trade agricultural shares with City Index?
Yes, you can trade agricultural stocks with City Index
Can you trade cryptocurrency with City Index?
Yes, you can trade cryptocurrency with City Index
Can you trade metals with City Index?
Yes, you can trade metals with City Index
Can you trade UK Shares with City Index?
Yes, you can trade UK shares with City Index
Can you trade US Shares with City Index?
Yes, you can trade US shares with City Index
Can you trade Japanese Shares with City Index?
Yes, you can trade Japanese shares with City Index
Can you trade German Shares with City Index?
Yes, you can trade German shares with City Index
Does City Index accept bank transfers?
Yes, City Index accepts bank transfers for depositing money.
Does City Index accept credit cards?
Yes, City Index accepts credit cards for depositing money.
Does City Index accept PayPal?
Yes, City Index accepts PayPal for depositing money.
Does City Index accept Skrill?
No, City Index does not accept Skrill.
Does City Index accept Payoneer?
Yes, City Index accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does City Index accept Neteller?
No, City Index does not accept Neteller.
Does City Index offer Live Chat customer support?
Yes, City Index offers customer support through live chat.
Does City Index offer phone customer support?
Yes, City Index offers customer support over the telephone.
Does City Index offer email customer support?
Yes, City Index offers customer support through email.
What languages can City Index communicate in?
City Index has the ability to communicate and support customers who speak: English, Spanish, German, Arabic, Polish, and Chinese
Does City Index have a wikipedia page?
Yes, City Index does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/City_Index_Group
Does City Index offer demo accounts?
Yes, City Index offers demo accounts so you can test your trading strategies before risking any real money. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
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Table Of Contents
- Who are City Index?
- Benefits Of Trading With City Index
- Everything you should know about trading with City Index
- Is City Index Safe To Trade With?
- City Index Risk Disclaimer
- Pro's & Con's Of Trading With City Index
- Compare Brokers Similar To City Index
- City Index Regulation And Licencing
- City Index Awards
- Minimum Deposit Required For A Live Account With City Index
- City Index Commission And Fees
- Compare broker fees against City Index
- City Index Withdrawal Fees Explained
- City Index Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With City Index?
- City Index Customer Support
- City Index Live Chat Support
- City Index Phone Support
- City Index Email Support
- Alternatives To City Index
- Frequently Asked Questions About City Index