City Index Review (2026)

City Index provides retail and professional accounts. Professional traders benefit from a 2.5% interest on cash balance, monthly rebates, and lower margin requirements. The broker also offers three primary account types differentiated by balance requirements, maximum leverage, and additional services:

• Trader: No minimum balance required and offers leverage up to 1:30.
• Premium Trader: Requires a minimum account balance of £10,000, offers leverage up to 1:30, and includes a dedicated relationship manager.
• Professional: Requires clients to hold a minimum £500,000 portfolio or have relevant working experience in the financial sector, offers leverage up to 1:400, and includes a relationship manager.

Clients can open individual or corporate accounts, and UK residents may utilize a Self-Invested Personal Pension (SIPP) account. Demo accounts are also available for practice. However, there are no swap-free accounts available for Muslim traders.

Trading Fees

The broker features a commission-free trading model for forex trading with spreads starting from 0.7 pips. Index CFD fees are also competitive, with spreads starting from 0.4 pips.

However, stock CFD fees are relatively high, with a commission of $0.018 per share and a minimum charge of $10. Spreads may be fixed or variable depending on the instrument, and swap fees apply for overnight positions.

Deposit, Withdrawal, and Other Account Fees

City Index doesn’t charge fees for deposits or withdrawals. However, a £12 monthly inactivity fee applies to accounts with no activity for 12 months or more. Accounts can be denominated in five base currencies: EUR, GBP, USD, PLN, and CHF. Currency conversion charges apply when funding an account in a different base currency.

City Index offers its proprietary Web Trader platform, which features integration with Trading Central for AI-based idea generation, and it includes Performance Analytics and customizable workspaces. TradingView is also directly integrated for trading and charting.

For mobile users, City Index provides dedicated iOS and Android mobile apps that offer full account management, alerts, watchlists, and TradingView charts, with an interface consistent with the web version. The mobile app is user-friendly and well-designed, with features that mirror the desktop platform and biometric authentication for security.

Additionally, City Index supports MetaTrader 4 (MT4), though it offers fewer assets compared to the Web Trader. Despite the support for MT4, there’s no access to the feature-rich MT5.

City Index is a CFD broker with over 13,500 financial instruments. Traders have access to a wide range of underlying assets, such as stocks, forex, crypto, options, metals, bonds, and more. Its extensive product offerings rival those of other top-tier CFD brokers such as XM and CMC Markets.

City Index is a highly trusted brokerage, regulated by multiple top-tier financial authorities across its entities, including:

• ASIC
• FCA
• CFTC
• MAS
• JFSA
• The National Futures Association (NFA)
• Cyprus Securities & Exchange Commission (CySEC)
• Cayman Islands Monetary Authority (CIMA)
• Securities and Futures Commission (SFC) of Hong Kong

The broker adheres to the European Securities and Markets Authority (ESMA) and provides negative balance protection for retail clients onboarded under the FCA or ASIC for forex spot and CFD trading.

However, professional and non-EU/Australian clients are not covered by negative balance protection. Clients in the UK are also protected by the Financial Services Compensation Scheme (FSCS), with coverage up to £85,000. The broker also segregates clients’ funds.

Furthermore, City Index is a brand of StoneX Group Inc., a US-based investment company listed on the NASDAQ Stock Exchange. Therefore, it is subject to stringent financial reporting and transparency requirements, which significantly enhance its safety profile. The company's long operational history since 1983 also adds to its credibility.