Forex Brokers

City Index

4.0 (6 reviews)
🇬🇧 United Kingdom, London
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About City Index

Spread betting and CFD trading

Customer Reviews

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Hidden costs and aggressive marketing

A
Amber O.
2 months ago

Initially attracted to City Index by their advertising. The headline spreads look great but in practice there are additional costs that aren't immediately obvious. I also get bombarded with promotional emails and phone calls encouraging me to deposit more. The trading itself is fine but the marketing tactics are off-putting.

Pros: Trading platform works adequately

Cons: Hidden costs, aggressive marketing practices

Best forex broker I have used

N
Natalie A.
3 months ago

City Index offers some of the tightest spreads in the industry, especially on major pairs. Execution is lightning fast with minimal slippage. The MetaTrader integration works flawlessly and their proprietary platform has excellent charting. Demo account is unlimited which helped me practice strategies risk-free.

Pros: Tight spreads, fast execution, great platforms

Cons: Limited educational content for beginners

Mixed feelings after six months

J
Jesse Z.
7 months ago

Started with City Index optimistically but my experience has been mixed. The platform itself is good and execution is fast. However, I noticed spreads widen significantly during news events and the swap rates are higher than competitors. Good for day trading, less so for holding positions overnight.

Pros: Good platform, fast execution for day trading

Cons: Wide spreads during news, high swap rates

Good for both beginners and pros

J
Jordan L.
8 months ago

City Index caters well to different experience levels. Their educational resources helped me learn forex trading fundamentals, and as I've grown, their advanced tools have supported my progression. The social trading feature is interesting for following experienced traders. Good overall package.

Pros: Education, social trading, progression-friendly

Cons: Social trading results can be misleading

Professional-grade trading platform

D
Diana I.
10 months ago

As a full-time forex trader, I need a broker that can keep up. City Index delivers with institutional-grade execution, deep liquidity, and competitive pricing. Their VPS hosting option ensures my automated strategies run 24/7. Withdrawals are processed within 24 hours. Can't fault them.

Pros: Institutional execution, VPS hosting, fast withdrawals

Cons: Minimum deposit higher than some competitors

Exceptional CFD and forex offering

K
Karen F.
11 months ago

City Index has been my go-to broker for three years. Their range of tradeable instruments is massive - thousands of markets across forex, indices, commodities, and shares. The risk management tools including guaranteed stop-losses have saved me multiple times. Worth every penny.

Pros: Huge market range, excellent risk tools, guaranteed stops

Cons: Premium for guaranteed stop-losses