CityIndex Review 2022
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| Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe. | ||
CityIndex is broker that offers traders CFD, Forex, Cryptocurrency, Stocks, Options and Spreadbetting. CityIndex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, CityIndex has Demo Accounts and Auto Trading but is missing Islamic Accounts, Social Trading and Signals.
CityIndex also gives traders access to 5 cryptocurrencies: BCH, BTC, ETH, LTC and XRP.
Careful traders will be pleased to know that CityIndex is licensed to provide trading services by multiple regulatory bodies, 2 in fact, including the FCA.
CityIndex Summary
Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe.
Ratings
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Crypto, Stocks, Options, Spreadbetting |
| Demo Account | ✓ |
| Min. Deposit | £/$100 |
| Min. Trade | 0.01 Lots |
| Regulated By | ASIC,FCA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✓ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | Automated trading capabilities via MT4 trading platform |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
CFD Trading
| Leverage | 1:30 EU, 1:200 |
|---|---|
| FTSE Spread | 1 pt |
| GBPUSD Spread | 0.8 pips |
| Oil Spread | 0.4 |
| Stocks Spread | Variable |
Forex Trading
| GBPUSD Spread | 0.8 |
|---|---|
| EURUSD Spread | 0.5 |
| EURGBP Spread | 0.8 |
| Assets |
Cryptocurrency Trading
Speculate on the leading cryptos, with ultra-tight spreads at City Index
| Spread | BTC 0.5%, ETH 1% |
|---|---|
| Coins | BCH, BTC, ETH, LTC, XRP |
Payment Methods
CityIndex accepts the following payment methods:
- Giropay
- PayNow
- Wire Transfer
- Mastercard
- BPAY
- MoneyGram
- Credit Card
- PayID
FAQ
Is CityIndex Safe?
Yes, we gave CityIndex a high 80% trust score in our review and believe traders should be safe here. One of the main positives for CityIndex is that they're regulated by our own Financial Conduct Authority (FCA) here in the UK.
Does CityIndex Accept PayPal?
No, CityIndex does not accept PayPal payments.
Is CityIndex Halal?
Probably not, as CityIndex does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does CityIndex support?
CityIndex only supports the MetaTrader 4 trading platform at this time.
Is CityIndex Regulated?
Yes, CityIndex is regulated by 2 different regulators: ASIC and FCA. Most importantly, they're regulated by our own strong FCA here in the UK.
CityIndex vs Other Brokers
If you want to compare CityIndex with other brokers, use the detailed comparisons below.
- CityIndex vs ActivTrades
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- CityIndex vs FXPrimus
- CityIndex vs Valutrades
- CityIndex vs Weltrade
- CMSTrader vs CityIndex
- Forex.com vs CityIndex
- Freetrade vs CityIndex
- GO Markets vs CityIndex
- Khwezi Trade vs CityIndex
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| Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe. | ||