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City Index account types
Every account type City Index offers, with the minimum deposit and the terms, as recorded in the database.
Facts last checked . Read the full City Index review.
Accounts
- Minimum deposit
- $0
- Account types
- Standard, MT4, Spread Betting, CFD, Professional, Corporate, Demo
- Account currencies
- GBP, USD, EUR, AUD and entity-dependent currencies
- Islamic account
- No
- Demo account
- Yes
- Professional account
- Yes
- Minimum trade size
- From 0.01 lots on applicable forex platforms
- Time to open
- Usually minutes, subject to verification
What this means
City Index runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: GBP, USD, EUR, AUD and entity-dependent currencies. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is From 0.01 lots on applicable forex platforms. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about City Index accounts
What account types does City Index offer?
City Index offers 7 account types: Standard, MT4, Spread Betting, CFD, Professional, Corporate, Demo.
What is the minimum deposit at City Index?
The minimum deposit at City Index is $0. It can differ by account type and by the entity you register with.
Which base currencies does City Index support?
City Index accounts can be held in GBP, USD, EUR, AUD and entity-dependent currencies. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
Accounts at brokers under the same regulator
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- FOREX.com accounts also licensed by FCA
- Saxo Bank accounts also licensed by FCA