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City Index Review

FCA

Overall rating

4.9/5

Minimum deposit

$100 (Recommended)

EUR/USD spread

Varies

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Use this review to validate safety, fees, platform fit, and where this broker falls short.

Thabo Mofokeng

Written by

Thabo Mofokeng
Elena Brooks

Fact Checked by

Elena Brooks

Updated

Apr 17, 2026
Broker review header
Last reviewed:
•
By:Thabo Mofokeng
•
Fact-checked by:Elena Brooks

Is City Index a good broker?

City Index is a FCA-regulated broker rated 4.9/5. Published EUR/USD pricing is listed at Varies with a minimum deposit of $100 (Recommended). City Index, a NASDAQ-listed StoneX brand, remains a benchmark for spread betting and CFD trading in 2026. With over 40 y.

Should you choose City Index?

Use this short answer before you dive into the full review.

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Best for

Performance Analytics

Not ideal for

MT4 offering is separate from proprietary platform

Top alternatives to compare

ExnessFP Markets

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98

Trust Score: 98/100

Based on regulatory status, company history, and financial transparency

City Index Score Breakdown

9.7/ 10
Safety9.8Fees10.0Platform9.9Account9.6Support9.4
Safety
9.8
Fees
10.0
Platform
9.9
Account
9.6
Support
9.4
  • NASDAQ Listed Parent (StoneX)
  • Tax-Free Spread Betting (UK)
  • PlayMaker Analytics 2026
  • 40+ Years Experience

Founded

1983

Headquarters

London, UK

Stock Symbol

Why choose City Index

City Index, a NASDAQ-listed StoneX brand, remains a benchmark for spread betting and CFD trading in 2026. With over 40 years of market leadership, it offers premium analytics and rock-solid reliability.

Pros

  • Extremely safe (Publicly traded)
  • Spread Betting tax benefits (UK)
  • Great analytics

Cons

  • MT4 offering is separate from proprietary platform
  • Fees on share CFDs
City Index logo

City Index

Fast decision summary

Popular choice

Min Deposit:

$100

Regulated:

Yes

Inactivity Fee:

No inactivity fee is published in our current broker dataset.

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Competitive. Standard variable spreads are tight. Share CFDs have commission.

InstrumentStandardRaw/Pro
EUR/USD0.8 pips-
GBP/USD1.2 pips-
USD/JPY1.0 pips-
S&P 5000.4 pts-
Gold0.30-

Inactivity

£12/mo after 1y

Withdrawal

Free

Non-trading fees

Inactivity fee

No inactivity fee is published in our current broker dataset.

Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.

Top-tier safety. Regulated by FCA, ASIC, MAS, and part of StoneX (Fortune 100).

Regulatory Status

RegulatorCountryTier
FCAUK1
ASICAustralia1
MASSingapore1
CIMACayman2

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionFSCS (£85k).

Is regulated?

Yes, heavily regulated.

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Fast and robust.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
CardInstantFree$100
Wire1-3 DaysFree$0
PayPalInstantFree$10

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Card/PayPal1-3 DaysFree$10

Base Currencies

GBP, USD, EUR, AUD, SGD

Standard, MT4, and Professional.

Account Types

Account TypeMin. DepositKey Features
Standard$0
  • • Variable Spreads
  • • TradingView Charts
MT4$0
  • • Variable Spreads
  • • EAs
City Index account opening screenshot 1

Verification Steps

  • Time to open: Same Day
  • Demo Account: Yes
  • Islamic Account: No
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City Index mobile app is powerful, integrating TradingView and Performance Analytics.

City Index mobile app screenshot 1
City Index mobile app screenshot 2
City Index mobile app screenshot 3

App Features

  • TradingView Charts
  • Smart Signals
  • One-swipe trading

Web Trader (Proprietary) and MT4.

City Index desktop platform screenshot

Supported Platforms

  • Web Trader: HTML5 based.
  • MetaTrader 4: Classic.

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Best MT4 Brokers

City Index offers a massive range of 13,500+ markets. This includes over 12,000 stocks, 84 forex pairs, and a wide variety of indices and commodities. The options and bonds offering is also substantial.

Available Instruments

Forex Pairs84
Indices21
Stocks12000
Commodities25
Cryptos15

Leverage Limits

InstrumentMax Leverage
Forex30:1 (UK/Aus), 50:1 (Sing)
Indices20:1
Stocks5:1
Crypto2:1

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Frequently Asked Questions

Yes, City Index is one of the safest brokers in the world. It is a brand of StoneX Group Inc., a NASDAQ-listed company (SNEX), and is regulated by top-tier authorities like the FCA (UK), ASIC (Australia), and MAS (Singapore).
Spread Betting is a tax-free (in the UK) way to speculate on price movements without owning the underlying asset. City Index is a leading provider of Spread Betting.
City Index recommends a minimum deposit of £100/$150, but generally does not enforce a strict minimum for most funding methods.
Yes, City Index offers MetaTrader 4 (MT4) alongside its own proprietary Web Trader and Mobile App. Note that MT5 is not currently available.
PlayMaker is a performance analytics tool that helps you assess your trading behavior, identify strengths and weaknesses, and improve your discipline.
Spread Betting and CFD trading on forex/indices are commission-free (cost in spread). Share CFDs attract a commission (e.g., 0.08% for UK shares).
Yes, City Index offers crypto CFDs. However, due to FCA regulations, retail clients in the UK cannot trade crypto derivatives.
Withdrawals typically take 1-3 business days depending on the method. PayPal withdrawals are often faster.
City Index accepts US clients only for Forex trading through its US entity (Forex.com is a sister brand), but generally redirects US residents to Forex.com.
Yes, City Index provides a demo account with £10,000 virtual cleared funds. It is available for 12 weeks.

Review Team

Why Traders Shortlist City Index

Key points from our latest editorial review and testing process.

  • NASDAQ Listed Parent (StoneX)
  • Tax-Free Spread Betting (UK)
  • PlayMaker Analytics 2026
  • 40+ Years Experience
See How We Test Brokers

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Why this review is trustworthy

  • Freshness dates and fact-checking are shown on the page.
  • Broker scoring follows our public methodology and disclosure standards.
  • Country-specific differences still matter, so compare the exact entity before you deposit.
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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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