Overall Rating: ★★★★☆ (4.3/5.0)

City Index is a globally recognised forex, CFD, and spread betting broker founded in 1983 and now part of the StoneX Group Inc., a publicly traded financial services company on NASDAQ. Headquartered in London and regulated by the UK’s Financial Conduct Authority (FCA), City Index offers MetaTrader 4, TradingView integration, and its powerful Web Trader platform. Known for tight spreads, deep liquidity, and an exceptional education suite, this City Index review explores its features, pricing, regulation, and why it remains a trusted choice for UK and global traders.

Key Features

City Index caters to both beginners and advanced traders with multi-platform access and over 6,300 global markets.

• Platforms Offered:
  • Web Trader – City Index’s proprietary platform with TradingView charts
  • MetaTrader 4 (MT4) – For automated trading and forex specialists
  • Mobile App – Award-winning, with full trading functionality
• Markets Available:
  • Forex, indices, shares, commodities, bonds, ETFs, and cryptocurrencies
• Account Types:
  • CFD, Spread Betting (UK only), and MT4-specific accounts
• Advanced Tools:
  • Integrated TradingView, performance analytics, and custom indicators

Regulation and Security

City Index is a heavily regulated broker under a publicly listed financial group.

• Regulated by the FCA (UK) – FRN 446717
• Parent company: StoneX Group Inc. – Listed on NASDAQ (SNEX)
• Client Fund Segregation: Yes, under FCA rules
• FSCS Protection: Up to £85,000 for eligible clients
• Negative Balance Protection: Available for retail clients
• Global Regulation: Also licensed in Australia (ASIC) and Singapore (MAS)

Pricing and Costs

City Index offers tight spreads and a transparent pricing structure, suitable for both casual and high-volume traders.

• Spreads:
  • Forex: From 0.5 pips (EUR/USD typical 0.8 pips)
  • Indices: From 1.0 point
  • Shares: From 0.1% commission
• Commission:
  • Forex and indices: Spread-only
  • Shares: 0.1% or region-based fixed fees
• Minimum Deposit:
  • No minimum deposit for UK clients
• Deposit & Withdrawal Fees:
  • None – free funding options via card, bank, or PayPal
• Inactivity Fee:
  • £12/month after 12 months of inactivity

Educational Resources and Customer Support

City Index offers one of the best education centres in the industry.

• Education:
  • Trading Academy, video tutorials, eBooks, webinars, and glossaries
  • Beginner, intermediate, and advanced pathways
• Market Analysis:
  • Daily technical/fundamental analysis, Trading Central signals, and economic calendar
• Customer Support:
  • 24/5 support via live chat, phone, and email
  • Localised service in the UK, Australia, and Singapore

Risk Management Tools

City Index includes advanced risk tools and order controls.

• Risk Tools:
  • Stop-loss, trailing stop, guaranteed stop-loss orders (GSLOs)
• Risk Analytics:
  • Portfolio risk monitor, margin calculators, and exposure summaries
• Leverage:
  • UK Retail: Up to 1:30
  • Pro Clients: Up to 1:400 with appropriate classification

Pros and Cons

Pros

• FCA-regulated and part of NASDAQ-listed StoneX Group
• Multiple platforms including MT4 and Web Trader with TradingView
• Wide market range (6,300+ instruments)
• Excellent education and research tools
• Zero deposit/withdrawal fees and tight spreads

Cons

• Inactivity fee after 12 months
• Share trading incurs commission
• No crypto deposits or wallet integration
• Advanced tools may overwhelm beginners initially

Conclusion: Is City Index the Right Choice?

City Index remains one of the most trusted and complete trading platforms for UK and international clients. With strong FCA regulation, platform flexibility, and powerful research tools, it’s a top-tier option for traders of all levels. Whether you’re looking to spread bet, trade CFDs, or automate via MT4, City Index offers an institutional-grade experience with retail accessibility.