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FXMARE editorial rating, not user reviews.
City Index is a London-founded, StoneX-backed CFD and spread betting broker with 40+ years of history, tier-1 regulation across five jurisdictions, and access to 13,500+ markets.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
City Index is a London-founded, StoneX-backed CFD and spread betting broker with 40+ years of history, tier-1 regulation across five jurisdictions, and access to 13,500+ markets.
City Index is regulated by FCA (UK), ASIC (Australia), CySEC (Cyprus/EU), MAS (Singapore), CIRO (Canada). Independently verifiable licences include FCA (UK) — StoneX Financial Ltd, FRN 446717; ASIC (Australia) — StoneX Financial Pty Ltd, AFSL 345646; CySEC (Cyprus) — StoneX Europe Ltd, Licence 400/21. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads are around 1 pips, with $0 (forex/indices/commodities — costs in spread; share CFDs: 0.08% per side, min £10) commission. The minimum deposit is £0 (£100 recommended) and maximum retail leverage is 1:30 (EU/UK retail), 1:400 (professional/elective). It does not provide a dedicated swap-free (Islamic) account (No Islamic or swap-free account offered as of 2026. Multiple independent reviews confirm this; no mention on official site.), so standard overnight swaps apply.
Platforms include City Index Web Trader, MT4, TradingView, City Index Mobile App. City Index provides 13,500+ CFDs and spread bets across Forex, funded via Debit card (Visa, Mastercard, Maestro), Credit card (Visa, Mastercard), Bank transfer (wire).
City Index is a highly reputable, well-regulated broker with a pedigree stretching back to 1983 and the institutional backing of Nasdaq-listed StoneX Group. Its five-regulator footprint (FCA, ASIC, CySEC, MAS, CIRO) and FSCS protection give it exceptional trust credentials, while the 13,500+ instrument range and polished Web Trader/TradingView setup suit active, research-driven traders. The main drawbacks are the absence of any Islamic/swap-free account, a £12 monthly inactivity fee, and standard spreads that are noticeably wider than ECN-focused rivals — making it a poor fit for tight-spread scalpers or Muslim traders.
Headquarters: London, United Kingdom · Funding: Debit card (Visa, Mastercard, Maestro), Credit card (Visa, Mastercard), Bank transfer (wire)
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
City Index is authorised by FCA (UK), ASIC (Australia), CySEC (Cyprus/EU), MAS (Singapore), CIRO (Canada). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with City Index in the FXMARE trading journal.
City Index is a highly reputable, well-regulated broker with a pedigree stretching back to 1983 and the institutional backing of Nasdaq-listed StoneX Group. Its five-regulator footprint (FCA, ASIC, CySEC, MAS, CIRO) and FSCS protection give it exceptional trust credentials, while the 13,500+ instrument range and polished Web Trader/TradingView setup suit active, research-driven traders. The main drawbacks are the absence of any Islamic/swap-free account, a £12 monthly inactivity fee, and standard spreads that are noticeably wider than ECN-focused rivals — making it a poor fit for tight-spread scalpers or Muslim traders.
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FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of City Index. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
