📊 Overall Summary
City Index is a globally established broker with over 40 years of experience. Regulated by top-tier authorities (FCA, ASIC, MAS), it offers a trust score of 4.4/5 and provides access to over 13,500 tradable instruments including forex, indices, shares, and commodities.
Its trading platforms include a proprietary Web Trader, MetaTrader 4, TradingView integration, and mobile apps, all designed for fast execution and robust market research.
The broker features competitive fee structures—with VIP discounts for active traders—and offers tax-efficient spread betting for UK residents. Client funds are securely held in segregated accounts, ensuring strong investor protection.
| Feature | Details |
|---|---|
| Overall Score |  4.5/5 (Highly Trusted) |
| Trust Pilot Score |  4.1/5 (Trusted) |
| Regulation | FCA (UK), ASIC (Australia), MAS (Singapore) |
| Minimum Deposit | £100 (Standard Account) |
| Trading Platforms | Proprietary Web Trader, MetaTrader 4, TradingView integration, Mobile Trading Apps |
| Range of Investments | 13,500+ tradable instruments (Forex, Indices, Shares, Commodities, Spread Betting, etc.) |
| Inactivity Fee | Approximately £12/month after 1 year of inactivity |
| Leverage | Up to 30:1 (retail, UK/Australia); up to 50:1 (Singapore); higher for professional accounts |
| Client Fund Protection | Segregated accounts with FSCS protection (UK) |
👍👎 Pros & Cons
City Index boasts a long-standing market reputation, an extensive instrument range, and award-winning platforms. Its robust regulatory oversight and comprehensive educational resources make it appealing to both beginners and active traders.
However, the MT4 platform’s forex spreads can be higher than some competitors, and direct access to physical stocks is limited as trading occurs via CFDs or spread betting.
Additionally, U.S. residents cannot access its forex services, and inactivity fees apply after extended periods without trading. Overall, its strengths—such as advanced technology, diverse market access, and tax-efficient options—counterbalance these limitations.
| Pros | Cons |
|---|---|
| Established brand with over 40 years of market experience | Forex spreads on MT4 can be higher |
| Regulated by top-tier authorities (FCA, ASIC, MAS) | Limited direct stock access (trading is via CFDs or spread betting) |
| Extremely wide range of instruments (13,500+ markets) | Not available for U.S. forex trading |
| Advanced and award-winning platforms (Web Trader, MT4, TradingView, Mobile Apps) | Inactivity fees apply after extended periods of no activity |
| Comprehensive research, analysis, and educational resources | Some desktop interfaces may feel less modern compared to competitors |
| Competitive fee structure with VIP discounts for active traders | |
| Tax-efficient spread betting available for UK residents |
📜 Licenses
City Index operates under strict regulatory oversight. It holds licenses from the Financial Conduct Authority (UK), ASIC (Australia), and MAS (Singapore).
These tier-1 regulators enforce rigorous standards, including the segregation of client funds and investor protection measures (for example, FSCS coverage in the UK up to £85,000).
This solid regulatory framework ensures transparency, accountability, and enhanced security, making City Index a trusted broker for traders seeking a safe trading environment.
| Regulator | Tier | Jurisdiction | Key Protections |
|---|---|---|---|
| FCA | Tier-1 | United Kingdom | Investor protection and FSCS compensation (up to £85,000) |
| ASIC | Tier-1 | Australia | Strict oversight and mandatory segregation of client funds |
| MAS | Tier-1 | Singapore | Robust regulatory framework with enhanced investor safeguards |
💼 Range of Investments
City Index offers an expansive selection of over 13,500 tradable instruments. Forex traders can choose from roughly 84 currency pairs, while investors interested in indices have access to more than 40 major global benchmarks.
The broker also facilitates trading on over 4,700 shares through CFDs or spread betting, plus a variety of commodities such as gold and oil. Additionally, products like bonds and ETFs are available via CFDs in select regions, and tax-efficient spread betting is offered exclusively for UK residents.
This wide-ranging product suite caters to traders with diverse strategies and risk profiles.
| Asset Class | Available | Details |
|---|---|---|
| Forex | Yes | Approximately 84 currency pairs |
| Indices | Yes | 40+ major global indices |
| Shares | Yes | Over 4,700 global shares (available via CFDs/spread betting) |
| Commodities | Yes | Trading in commodities such as gold, oil, and more |
| Bonds & ETFs | Yes* | Available via CFDs (product availability varies by region) |
| Spread Betting | Yes | Offered for UK residents with tax benefits |
| Cryptocurrencies | Yes | Indirect exposure via CFDs (physical cryptocurrencies not available) |
*Note: Availability may differ by region.
💰 Commissions & Fees
City Index features a competitive and transparent fee structure. Forex trading is commission-free with costs built into the spread—typically around 1.4 pips for standard accounts, but active traders can achieve spreads as low as 0.74 pips.
Share CFDs incur commissions, for instance around $0.018 per share with a minimum fee. There are no charges for wire transfers, and funding methods include bank transfers, credit/debit cards, and PayPal.
An inactivity fee of roughly £12 per month applies after prolonged non-activity. Overall, active traders benefit from VIP discounts, making the fee schedule attractive for frequent trading.
| Fee Type | Details |
|---|---|
| Stock/Share CFDs | Commission charged (e.g. around $0.018 per share with a minimum fee) |
| Forex Trading | No separate commission; fees are built into the spread (e.g. standard EUR/USD spread ≈1.4 pips; active trader spreads as low as 0.74 pips) |
| Spread Betting | Commission-free pricing structure |
| Options Trading | Limited availability; fees may be higher |
| Margin Rates | Vary by asset and account type (retail leverage up to 30:1; higher for professionals) |
| Wire Transfer Fees | Typically $0, though specifics depend on region |
| Inactivity Fee | Approximately £12/month after a defined period of inactivity |
📱 Mobile Trading Apps
City Index’s mobile apps are designed for seamless trading on the go. Available for both iOS and Android, these apps deliver real-time market data, advanced charting, and swift order execution.
Users enjoy an integrated economic calendar, basic alerts, and the ability to customize watchlists. The mobile interface supports TradingView charting capabilities, allowing traders to draw trendlines and apply technical indicators directly within the app.
Whether you’re a beginner or an experienced trader, the intuitive design and full functionality ensure you can monitor and manage your trades efficiently wherever you are.
| Feature | Details |
|---|---|
| iOS Mobile App | Yes – Full trading functionality with integrated research |
| Android Mobile App | Yes – Real-time market data, charting tools, and order execution |
| Economic Calendar | Integrated within the app |
| Alerts & Notifications | Basic alert functions and notifications available |
| Charting Tools | Includes trendlines, technical indicators, and TradingView integration |
🖥️ Other Trading Platforms
In addition to its mobile solutions, City Index provides multiple platforms to suit varied trading preferences. The proprietary Web Trader is a browser-based tool offering customizable workspaces, Reuters news feeds, and one-click order execution.
The advanced desktop platform (AT Pro) delivers detailed charting and technical analysis for experienced traders. MetaTrader 4 is available for forex trading, featuring automated strategies via Expert Advisors and extensive customization options.
Furthermore, integration with TradingView enriches the charting experience with social and community-driven insights. Together, these platforms ensure traders can choose the environment that best fits their style and trading needs.
| Platform | Details |
|---|---|
| Web Trader | Proprietary browser-based platform with customizable workspaces and Reuters news feed |
| Desktop (AT Pro) | Advanced desktop platform offering detailed charting, analysis, and customizable indicators |
| MetaTrader 4 (MT4) | Popular forex platform with automated trading capabilities and extensive customization |
| TradingView | Integrated for superior charting, social trading features, and access to community ideas |
🔍 Research & Analysis
City Index equips its clients with a robust suite of research and analysis tools. Integrated with Trading Central, the platform provides technical signals and market insights to help identify trading opportunities.
The Performance Analytics tool offers post-trade reviews and strategy improvement recommendations. Additionally, an economic calendar is built into the platform, enabling traders to track key market events and news releases.
Live Reuters news feeds, regular webinars, and market commentary further enhance the depth of research available. This comprehensive approach ensures that both novice and experienced traders have access to reliable data and expert analysis to inform their trading decisions.
| Research Tool | Details |
|---|---|
| Trading Central | Provides technical signals and in-depth market analysis |
| Performance Analytics | Post-trade analysis tool to review and improve trading performance |
| Economic Calendar | Integrated tool to monitor key market events and economic releases |
| Market News & Webinars | Live Reuters news feed, educational webinars, and real-time market commentary |
| Trading Ideas | Access to community-generated ideas via TradingView integration |
🎓 Education
City Index is committed to trader education, offering an array of resources designed to improve market knowledge and trading skills. New traders can benefit from live webinars, a structured Trading Academy series, and interactive courses covering topics from risk management to technical analysis.
In addition, there are educational videos and tutorials available online that range from basic introductions to advanced strategies. A detailed investor dictionary (glossary) helps demystify complex trading terms.
With regularly updated content and practical guidance, City Index’s educational tools empower traders to learn and adapt, ensuring a smoother transition from beginner to advanced trading stages.
| Educational Resource | Details |
|---|---|
| Live Webinars | Regular sessions covering strategies and market updates |
| Trading Academy | Online TV series and competitions designed to teach trading fundamentals |
| Courses & Lessons | Interactive modules covering topics from risk management to technical analysis |
| Educational Videos | Beginner to advanced tutorials available online |
| Investor Dictionary | Comprehensive glossary of trading terms and concepts |
🌍 Regional Restrictions
City Index primarily serves traders in the United Kingdom, Australia, and Singapore. In these regions, clients enjoy full access to its wide range of products and services, including tax-efficient spread betting for UK residents.
However, U.S. residents are excluded from accessing City Index’s forex trading services due to regulatory constraints. In some European markets, the availability of certain products or account types may be subject to local regulatory requirements.
Prospective clients should verify regional availability and account specifics based on their country of residence to ensure that all desired services and instruments are accessible before opening an account.
| Region | Availability | Notes |
|---|---|---|
| United Kingdom | Yes | Full access; spread betting available |
| Australia | Yes | Products tailored to local regulatory requirements |
| Singapore | Yes | Available; specific account features and minimum deposits may vary |
| United States | No | U.S. residents are not eligible for City Index forex trading |
| European Union | Varies | Availability subject to local regulatory guidelines |
🆚 Broker Comparisons
When compared with competitors like IG and Forex.com, City Index stands out due to its vast instrument range of over 13,500 markets and its award-winning trading platforms.
While IG might offer additional proprietary tools and 24/7 customer support, City Index is competitive with its tax-efficient spread betting options and robust educational resources. Forex.com provides a strong global presence but may have a narrower product offering in certain markets.
Overall, City Index’s combination of advanced technology, diverse market access, and stringent regulatory oversight makes it a compelling option for traders seeking both innovation and security.
| Feature | City Index | Competitor A (e.g. IG) | Competitor B (e.g. Forex.com) |
|---|---|---|---|
| Trading Platforms | Web Trader, MT4, TradingView, Mobile Apps | Proprietary platform, MT4, mobile | Web-based, MT4, mobile |
| Range of Investments | 13,500+ instruments | ~12,000 instruments | ~10,000 instruments |
| Regulation | FCA, ASIC, MAS | FCA, ASIC, additional regulators | FCA, CFTC, ASIC |
| Minimum Deposit | £100 | £250 | £50 |
| Inactivity Fee | ~£12/month after inactivity | Varies | None |
| Spread Betting | Yes (UK only) | Yes | No |
| Educational Resources | Extensive (webinars, academy, videos) | Good educational content | Extensive educational resources |
| Customer Support | 24/5 support | 24/7 support | 24/7 support |
*Note: Data are illustrative and subject to change.
❓ Why Choose City Index?
City Index is an excellent choice for traders looking for a blend of heritage and modern technology. With over 40 years of experience, the broker is backed by top-tier regulation (FCA, ASIC, MAS) and offers a vast selection of over 13,500 instruments.
Its platforms—ranging from the proprietary Web Trader to MT4 and mobile apps—ensure fast, reliable execution and advanced analytical tools. Comprehensive research, educational resources, and VIP fee discounts for active traders add further value.
Tax-efficient spread betting in the UK and robust client fund protection (through segregated accounts and FSCS coverage) underscore its commitment to trader security. Supported by the financially strong StoneX Group, City Index is ideal for both active traders and those new to the market who seek transparency, innovation, and a trusted trading partner.
| Reasons to Choose City Index |
|---|
| Over 40 years of industry experience and a proven track record |
| Regulated by top-tier authorities (FCA, ASIC, MAS) ensuring robust client protection |
| Access to a vast array of markets – over 13,500 instruments |
| Award-winning and advanced trading platforms across web, desktop, and mobile |
| Competitive fee structure with VIP discounts for active traders |
| Comprehensive research, analysis, and educational resources for traders of all levels |
| Tax-efficient spread betting available for UK residents |
| Backed by the financially strong StoneX Group |
🎯 Final Recommendations
City Index is best suited for traders focused on active trading and who value advanced tools and extensive market access. Beginners will appreciate the comprehensive educational resources, demo accounts, and user-friendly mobile apps.
However, those looking for long-term investment solutions or U.S. residents seeking forex trading alternatives may need to explore other brokers. With its competitive fee structure, solid regulatory framework, and award-winning platforms, City Index offers an attractive option for traders in the UK, Australia, and Singapore.
We recommend opening a demo account to experience its features firsthand, then selecting the account type that best meets your trading needs. Evaluate your regional requirements and trading style to determine if City Index is the ideal choice for your portfolio.
| Recommendation Category | Recommendation |
|---|---|
| Beginners | Ideal for new traders due to extensive educational resources, demo accounts, and user-friendly platforms |
| Active Traders | Excellent choice for active traders seeking advanced tools, competitive fees, and VIP discounts |
| Retirement Investors | Not recommended – City Index is designed primarily for trading rather than long-term investing |
| International Traders | Suitable for traders in the UK, Australia, and Singapore; U.S. residents are not eligible |
