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City Index

69% of retail CFD accounts lose money.
Documentation

Our Ranking. #26

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States
Not available in United States

Updated: August 2025

Regulated
Variable Spreads
Crypto Trading
Home-Grown Platform
1:30 Leverage

Ranking

City Index ranks number 26 on TraderGuide’s ranking list. The ranking list is based on the cost of trading with City Index, in the 16 most commonly traded instruments globally.

What you need to know about City Index

City Index is a London-based broker founded in 1983 and is part of StoneX Group, a Nasdaq-listed financial services giant. It is regulated by top-tier authorities including the FCA (UK), ASIC (Australia), and MAS (Singapore).

The broker offers CFD trading, forex, and spread betting (UK only), with access to thousands of global markets covering indices, shares, commodities, and more. Traders can choose between City Index’s proprietary web and mobile platforms, MetaTrader 4, or advanced platforms like TradingView and AT Pro.

What do we like about City Index?

In our testing, City Index delivered a reliable and straightforward trading experience. The platform is well-designed, execution felt quick, and spreads across major markets were competitive enough to keep it in the middle tier of our TraderGuide rankings.

We liked the range of platforms available—being able to trade on City Index’s clean in-house platform or switch to TradingView for advanced charting makes it versatile for different trading styles. The addition of AT Pro also caters to more experienced users who want custom indicators and automated trading strategies.

Another strength is the regulatory framework. Being part of StoneX adds credibility, and the FCA regulation ensures strong investor protection for UK clients. Support was responsive, and we appreciated the useful market analysis and daily insights available directly within the platform.

What concerns us about City Index?

While City Index does many things well, it doesn’t particularly stand out in any single category compared to higher-ranked brokers on TraderGuide. The education section is decent but not best-in-class, and the proprietary platform—while user-friendly—feels less advanced than some of the specialist trading environments offered by competitors.

We also found that although spreads are competitive, they don’t always hit the ultra-tight levels available elsewhere, which might matter if you’re a very active or cost-sensitive trader.

Should you trade with City Index?

City Index is a dependable, well-regulated broker with competitive spreads, good platform choice, and a long track record in the industry. It’s a solid option if you’re looking for a trusted name that balances ease of use with access to advanced tools like TradingView and AT Pro.

That said, if your top priority is the absolute lowest spreads or the richest set of educational and analytical features, you may find stronger contenders higher up in our TraderGuide rankings. For most traders, though, City Index offers a safe, balanced, and professional trading environment.

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Bid – Ask Spreads

Total Score = 30.60
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 1.00

DAX : 1.20

CAC : 1.30

NASDAQ : 1.00

DOW JONES : 2.00

SP500 : 0.40

Total: 6.90
Forex

EUR/USD : 1.40

GBP/USD : 2.00

USD/JPY : 1.50

EUR/JPY : 2.40

USD/CHF : 2.00

AUD/USD : 1.10

USD/CAD : 2.30

Total: 12.70
Commods

US CRUDE : 3.50

GOLD : 5.00

SILVER : 2.50

Total: 11.00

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