City Index reviews

City Index_logo City Index 5/10 (votes 2372)

On-line since: 2006
Country of origin: UK
Regulation: Financial Supervision Authority
Payment options: Visa, MasterCard, Maestro and Electron, bank transfer, PayPal
Minimum account size: $250
Minimum lot size: 0.01
Leverage: up to 1:400
Spreads: 1.2

About company

City Index is the trading name of StoneX Financial Ltd, established in 2006. This is a financial conglomerate registered in England and Wales under the number: 05616586. The broker is authorized and regulated by the Financial Conduct Authority. FCA registration number: 446717.

The main advantages of the broker listed on its website: providing a fair and transparent trading environment with client-oriented strategies that suit every trader, lightning-fast execution at minimal cost, providing exceptional customer service, advanced market research resources, 1200+ instruments, the best in the market trading conditions, leverage up to 1:400, secure deposits, competitive trading conditions, market research resources and tools tailored to all types of traders for an outstanding trading experience, fast order execution, no transaction fees, extensive market research tools and an advanced trading platform, top-level security with strong encryption, fast withdrawals, offering a variety of trading resources built on a solid foundation of team market expertise that caters to all types of traders, real edge and trust.

Trading conditions

The following types of trading accounts are available with the broker for registration: Standard Account (80+ technical indicators, 13,500 assets for trading), MT4 Account (more than 80 currency pairs). Such assets are available for online trading through a broker: Indices, Stocks, Forex, Gold and Silver, Commodities. To become a client of the broker, you need to register a trading account and replenish it with $250. Those users who have already registered an account can find useful sections on the company's website: Platforms (review of trading instruments, performance analytics, SMART signals, economic calendar), news and analysis (latest research, upcoming week, TRADING IDEAS and WARNINGS, trading alerts, market hours, subscriptions), Academy (overview, courses, lessons, glossary). Information about welcome bonuses, competitions for traders, affiliate programs is not available or missing.

Trading platforms

The City Index broker actively cooperates with the MetaQuotes developer and provides its clients with the MetaTrader 4 trading platform for free. Clients can also use the web terminal for trading through any browser and the mobile application for trading from anywhere in the world.

Technical support

Technical support specialists work 24/5 and process all requests by phone 0203 194 1801, email support.uk@cityindex.com. Also, customers can fill out the feedback box on the company's website or write in the live chat box.

Deposit/Withdrawal

Customers should use the following deposit/withdrawal methods: Visa, MasterCard, Maestro and Electron, bank transfer, PayPal.

Trader reviews

Surprisingly, we could not find many reviews about this broker. Those reviews that are published indicate that the broker works well and tries to meet the expectations of customers.

Broker Advantages

  • Large FAQ section
  • MetaTrader 4
  • Various bonuses
  • Presence of a regulator

Broker Disadvantages

  • No demo account
  • No affiliate programs
  • Only two trading accounts

Conclusion

It is worth paying special attention to the choice of a broker. Especially if you are a beginner trader. It is necessary to study: the reputation of the broker, the history of the company, the truthful reviews of traders and the presence of a reliable regulator. This review is not a recommendation or a call to action.

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