City Index Review

City Index is the retail Forex broker arm of GAIN capital that has offered CFDs trading for over 35 years. With positive reviews of City Index UK and by Australian CFD traders the FX broker is known for 500:1 leverage, spreads from 0.5 pips and no min deposit.

By Justin Grossbard / Updated: Tuesday, February 18th, 2020

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Background To City Index

City Index’s parent company is GAIN Capital Holdings Inc, a large retail and trading provider around the world. GAIN Capital was founded in 1999, with the mission to provide traders with low-cost access to foreign exchange markets. City Index has been serving Australians since 2006 and has an office based in the heart of Sydney. City Index’s Forex trading Australian Financial Services License: 345646

City Index A Review Of Their 30 Years

In our comprehensive City Index review, top three key strengths found in the platform were:

  1. Range of markets with tight spreads
  2. Minimum Deposit
  3. Regulation and Support

Top three key weaknesses found in the platform were:

  1. Leverage
  2. Trading platforms
  3. Inactivity Fee

Our Rating

The overall rating is based on review by our experts

6.83
Spreads
7 / 10
Leverage
8 / 10
Trading Platform
7 / 10
Risk Management
6 / 10
Range of Markets
6 / 10
Customer Service
7 / 10

City Index Review: Final Impressions

Overall City Index is a strong brokerage that beginning and intermediate Forex trading Australia enthusiasts should consider when looking for a new place to trade online. Although limits exist in regards to its trading platforms and leverage restrictions – these may be issues for some traders, not enough to offset the advantages this brokerage offers.

Compare City Index To The FX Brokers Below

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