City Index Review 2025: Pros & Cons

City Index Review 2025: Pros & Cons

City Index’s parent company is the massive, NASDAQ-traded StoneX Group, Inc. This financial services provider is publicly-traded, so it has to meet high standards of disclosure, reporting, and corporate governance. City Index’s proprietary Web Trader platform delivers a rich trading experience while providing access to City Index’s full product offering. Web Trader offers excellent trading tools and a variety of advanced features, and delivers access to more tradeable markets than MT4.

Advanced Trading Tools and Platforms

• City Index offers forex CFD markets on over 65 global FX pairs including majors, minors, and some exotics.
• We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
• There is for example a $12 inactivity fee which is charged on a monthly basis if your account has been dormant for more than a year.
• At TopBrokers, we appreciate how difficult it can be to choose a broker from the start.
• The City Index website has been thoughtfully laid out and account management can be done on both the desktop and handheld versions of the platform.
• Both City Index Mobile and the MT4 mobile app are ideally suited for traders who are on the move, providing stop-loss orders, watchlists functionality, and Reuters news integration.
• Speculating on interest rates at City Index is based on fixed spreads.

Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. City Index does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment for up to 80 Days. You can deal with CFDs on forex, stocks, indices, commodities, and crypto trading is possible under certain conditions.

City Index Platforms Summary

At this point, the broker will automatically exit some trading position till the threshold is no longer crossed. City Index are also a primary sponsor of Saracens Rugby Club in the UK, the 5-time Premiership Champions and 3-time European champions. Additionally, the broker is a sponsor of the Sydney Roosters in Australia, a team that has won 15 Rugby League titles. We use dedicated people and clever technology to safeguard our platform.

City Index Fees, Spreads, and Commission

Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. MT4 Account – Dedicated to the MetaTrader MT4 platform this account supports trading in 100 of the biggest global markets using algorithm-based automated trading. There are more than city index review 20 global indices to trade including the ASX 200 and the big US benchmarks. Commodity CFD spreads are also in line with the multi-asset broker peer group and City Index spreads on oil trading start at 0.4pts, with spot gold spreads being as low as 0.3pts.

All of your everyday account management tasks can be carried out using a phone or tablet, but where the app stands out is in the way it supports the impressive additional services City Index is known for. TradingView allows you to customise trading indicators to suit your particular strategy. It also offers advanced stock screeners, a neat live news panel, and can be set up to send you price alerts. Established in 2009, this broker offers a range of account types to suit many different needs, with countless trading instruments. With low minimum deposits and copy trading features, RoboForex is a solid choice. City Index offers an affordable pricing structure, with competitive spreads on major forex pairs starting at 0.5 pips.

A wide range of markets available and an excellent customer support

Market events can be tracked using the broker’s news monitor, economic calendar, and the Week Ahead reports. There are also opportunities to gain valuable insights into market sentiment by tuning in to webinars which take place on Monday and Friday where experienced traders share their view on market trends. It comes with all the features which would be required by an institutional trader or broker and screen layouts can be formatted to your preference. These favourite layouts can be accessed using both desktop and mobile devices making for a continuous trading experience. Part of the appeal of the WebTrader platform is the extent to which it can be customised.

City Index trading platforms and tools

As mentioned, City Index also has a Corporate Account which allows users to trade with company funds via several users. Compared to many other similar brokers, City Index really excels in this field. This large range of instruments opens City Index up to a larger customer base, and makes it easier to diversify our portfolios.

• Note that there is no charge from City Index to fund your account via debit card and, so long as the names match, you can register up to 3 cards on your account.
• At a glance, the fundamental stock analyzer displays if a stock is overbought or oversold.
• In addition to that, you can place orders of various types like Market, Limit, Stop, Trailing Stop, and OCO.
• Additionally, negative balance protection and enhanced security measures also add to the picture.
• A worldwide research team at City Index delivers experienced market analysis in predicting prospective market moves and trading opportunities.
• New clients get a welcome letter with key account information and an introduction to platforms to help you pick the best platform for your needs.
• Demo – Whatever your customer profile and investing aims there is always some benefit to be gained by starting off with a Demo account.

This is an important tool for traders since it allows you to understand the influence of significant market-moving events, allowing you to better plan your spread betting, CFD trading, or FX trading strategies. The City Index fundamental and technical analysis portal offers you practical trading ideas as well as the resources to do in-depth market research. By analysing the markets for chart patterns and trade settings, the City Index’s research portal, powered by Trading Central, will save you time. At a glance, the fundamental stock analyzer displays if a stock is overbought or oversold.

Comprehensive Educational Resources

However, they also cater to experienced traders with resources about advanced strategies. Overall, this broker offers courses, webinars, tutorials, and a comprehensive FAQ section for skill development. In addition to these trading platforms, City Index also offers a high-quality app that is available on both iOS and Android. It’s an ideal choice for those of us who prefer to trade on the go, making it easy to never miss a profitable trade. Overall, City Index can be summarised as a safe broker that provides competitive spreads on Contracts for Difference (CFDs). It offers 1200+ trading instruments with a trust score of 94 out of 100.

The broker is available to traders from various countries around the world. The platform can be accessed in languages such as English, Spanish, German, French, Chinese, and Arabic, among others. This ensures that traders can navigate the platform comfortably and access all the necessary information in their preferred language. City Index makes money through charging commissions (either added to CFD trades or built into the spreads of financial spread bets).

While a dedicated account manager was automatically assigned, the account opening process took days, and establishing an MT4 account required intervention from the account manager. City Index however is not without its downside, fees for stock CFDs are on the higher side, and its desktop trading platform could do with some improvement. The Customer Service team is passionate about providing every customer with an outstanding experience and they will be delighted to know they hit the mark with you. To support location decision-making and strategic planning, we have developed a dashboard that allows you to delve deeper into the data for the largest 1,000 cities globally.