City Index Review – a British broker with low spreads

City Index is a CFD broker that offers to trade CFDs on forex pairs, stocks, indices, commodities, bonds, options and cryptocurrencies. Learn more about CFDs here. This company is regulated by the UK regulatory authority FCA. The minimum deposit at City Index broker is set at $100.

City Index Review – Broker overview

Minimum deposit	100 USD
Platform	MT4, their own
Regulated broker	Yes
Regulations	FCA
Demo account	Yes

Special features and advantages

Automatic trading (EAs)

Guaranteed stop-loss

Trading platforms

City Index offers its clients a total of 2 trading platforms – MT4 and AT Pro. MT4 is a very popular platform among traders, which can be used very well not only to open and close trades, but also to analyze the markets (it offers countless technical indicators, graphical tools, etc.). In addition, this platform also supports automated trading systems (EAs). The AT Pro platform is from the City Index broker and is designed for experienced traders. They can create trading templates, use over 100 indicators, back test different strategies, or use the platform’s trading signals.

City Index fees (spreads)

Like any other CFD broker, City Index charges a spread fee. For the current value of this fee, please visit City Index’s website. We have prepared a small comparison table where you can find the City Index spread fees on popular currency pairs compared to 2 other popular CFD brokers.

EUR/USD	EUR/USD	USD/JPY	GBP/USD	AUD/USD
Plus500*	0.6	0.7	1.1	0.6
XTB*	0.8	1.4	2.0	1.7
City Index**	0.8	0.7	1.7	0.7

City Index Review – Summary

City Index must comply with the strict regulatory guidelines of the FCA. The broker offers a total of 2 trading platforms and a limited time free demo account. The range of assets on offer here is very pleasing, especially when it comes to equity CFDs. In fact, over 4,500 stock titles from all over the world are available here. The spreads that City Index charges on currency pairs are very solid. The website is available in English and several other world languages.

Advantages

• Relatively strict regulation
• Demo account
• Wide range of assets
• Good spreads

Disadvantages

• No MetaTrader 5
• Required minimum deposit could be lower

City Index Review – Broker rating