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City Index is a well-established global broker founded in 1983 and headquartered in the UK. With over four decades of operation, it is recognized as a veteran in the forex and CFD trading space. The broker offers a wide range of instruments including indices, commodities, gold, oil, crypto CFDs, stocks, and ETFs, catering to diverse trading preferences.
City Index provides traders with access to 84 forex pairs and supports both the popular MetaTrader 4 (MT4) platform and its own proprietary platform. The broker emphasizes safety with segregated client funds and negative balance protection, and is regulated by top-tier authorities including the UK's FCA, Australia's ASIC, and Singapore's MAS.
City Index is a well-established global broker founded in 1983 and headquartered in the UK. With over four decades of operation, it is recognized as a veteran in the forex and CFD trading space. The broker offers a wide range of instruments including indices, commodities, gold, oil, crypto CFDs, stocks, and ETFs, catering to diverse trading preferences.
City Index provides traders with access to 84 forex pairs and supports both the popular MetaTrader 4 (MT4) platform and its own proprietary platform. The broker emphasizes safety with segregated client funds and negative balance protection, and is regulated by top-tier authorities including the UK's FCA, Australia's ASIC, and Singapore's MAS.
City Index is well-suited for traders who value regulatory oversight and a broad range of asset classes. It is particularly appealing to those who prefer trading on MT4 or a proprietary platform, and who are interested in forex, indices, commodities, and crypto CFDs. The broker supports scalping and hedging, making it a potential fit for active short-term traders.
However, it may be less suitable for traders who rely on third-party platforms like TradingView, want copy trading features, or seek micro account options. Additionally, those looking to trade actual cryptocurrencies (rather than CFDs) will not find that offering here.
City Index is regulated by several prominent financial authorities: the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). This multi-regulatory oversight means that the broker must adhere to strict standards of conduct, financial reporting, and client protection in each jurisdiction.
For traders, this provides a high level of confidence in the broker's operational integrity. Furthermore, City Index offers segregated client funds, ensuring that client money is kept separate from the company's own funds, and negative balance protection, which prevents traders from owing more than their account balance.
| Primary regulator | |
| All licenses held | FCA,ASIC,MAS |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
City Index does not require a minimum deposit, making it accessible to traders with varying capital levels. The broker does not typically charge internal withdrawal fees, and withdrawal requests are processed within 1 to 5 business days. Deposit methods include bank wire transfers, credit or debit cards, and regional e-wallets.
While the fact sheet does not specify exact spread or commission figures, traders should note that costs will depend on the account type and trading instrument. City Index offers Standard and Demo accounts, with the demo account allowing traders to practice without financial risk. As with any broker, it is advisable to review the detailed fee schedule on their website before trading.
| Deposit methods | bank wire transfers, credit or debit cards, and regional e-wallets |
| Withdrawal time | 1 to 5 business days |
| Withdrawal fees | No internal fee typically |
| Inactivity fee | None charged |
City Index is a solid choice for traders who prioritize regulatory security and a broad multi-asset offering. Its long history, strong oversight, and no minimum deposit make it accessible to both new and experienced traders. However, those looking for modern social trading features, micro accounts, or direct cryptocurrency ownership may need to look elsewhere. Overall, it is a reliable, well-regulated broker for traditional forex and CFD trading.