City Index

City Index is a brokerage company located in the heart of London with more than 35 years of experience and extensive experience in the reliable parent company – StoneX Group Inc, listed on the new York stock exchange and serving many brands around the world. Founded in the UK in 1983, City Index is one of the world's leading companies in spread betting, currency trading and CFD trading.

City Index Regulation

City Index is a trademark of GAIN Capital UK Ltd, which is regulated by the FCA in the UK and has an additional 8 registrations in jurisdictions around the world. City Index maintains offices in Dubai, Singapore, and Australia, and has local approvals from the UAE Central Bank, MAS, and ASIC, respectively.

Clients ' money is completely separated from the broker's funds and is securely stored in separate accounts with the world's leading banks. In addition, the broker has negative balance protection and FSCS insurance in the event of the company's insolvency in the amount of up to 85,000 pounds.

Leverage

Recent regulatory updates by the European ESMA have set the maximum leverage level to 1:30. Thus, the European broker City Index is only allowed to offer leverage up to 1:30, while the Australian branch and international clients can use leverage up to 1:400.

City Index trading Accounts

City Index broker offers three types of accounts depending on the experience of traders: Trader, Premium Trader and Professional Trader.

In addition, City Index offers besplit demo account and Islamic accounts.

Trading platform

The variety of platforms in City Index covers the Advantage web platform and the AT Pro Desktop platform. You can also use MetaTrader 4 and mobile apps.

Trading instrument

City Index allows you to trade on more than 12,000 global markets, including bets on spreads, CFDs and Forex, more than 4,500 stocks, 84 currency pairs, cryptocurrencies and more than 25 commodities. The cryptocurrency market in the City Index is also widely represented and includes Bitcoin, Etherum, Bitcoin Cash, Litecoin, and Ripple.

Commissions

The broker offers a transparent pricing model and competitive fixed and variable spreads, starting from 0.5 pips for Forex and from 1 pips for CFDs.

Minimum deposit

The City Index broker does not have minimum Deposit requirements, but the company recommends that you top up your account from 100 pounds to cover the margin.

Please note that if you stop trading for a year or more, you will be charged a monthly fee for inactivity of the account in the amount of 12 pounds.

Conclusions

City Index, as part of the world's leading financial company StoneX Group Inc, is not just a reliable and stable company with which you can safely trade thanks to strict regulation and strict rules for protecting customers. But it is also a broker that provides its clients with all the necessary tools for successful trading for both beginners and experienced traders.

However, we are interested to know your personal opinion about the broker and its trading conditions. You can also view City Index reviews and our independent rating of Forex brokers.