Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.
I trade standard lots of EUR/USD a month.
Who licenses City Index.
Licences as City Index lists them. A tick means we found the entity on the regulator's own register.
| Regulator | Tier | Entity | Licence no. | On register |
|---|---|---|---|---|
| FCA | TIER 1 | — | — | Not yet checked |
Published EUR/USD costs.
| Account | Spread | Commission | Cost / lot |
|---|---|---|---|
| Standard (UK, spread betting/CFD) typical | 0.8 pip | $0 | $8.00 |
Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.
The fine print.
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Outside rating used for now: Trustpilot 4.2 from 391 reviews.
- founded: www.cityindex.com/en-uk/about-us/
- accounts: www.cityindex.com/about-us/financial-transparency/trading-costs-charge
- platforms: www.cityindex.com/en-uk/
- hq country: www.cityindex.com/en-uk/about-us/
- regulators: www.cityindex.com/en-uk/
- trustpilot: www.trustpilot.com/review/www.cityindex.com
- payment methods: www.cityindex.com/about-us/financial-transparency/trading-costs-charge
- eu uk leverage cap: www.cityindex.com/about-us/financial-transparency/trading-costs-charge
- inactivity fee note: www.cityindex.com/about-us/financial-transparency/trading-costs-charge
- withdrawal fee note: www.cityindex.com/about-us/financial-transparency/trading-costs-charge
Research notes: City Index is part of StoneX Group (NASDAQ: SNEX). cityindex.com/en/ (international) now 302-redirects to stonex.com/en-gb/ - no offshore/global City Index entity, so max_leverage (offshore) null. UK page states FCA-regulated with FSCS protection up to GBP 85,000, but the FCA entity name/FRN was not on the pages fetched (/en-uk/legal/ and /en-uk/pricing/ failed to load). UK retail EUR/USD margin 3.33% (= 1:30, inferred). EUR/USD spread: UK min 0.7 / typical 0.8; AU and SG pages min 0.5 / typical 0.8; commission only on share CFDs. AU forex margin 3.33%, SG 5% (1:20). Also has offices in Singapore and Sydney (AU/SG entities not identified). hq_country = UK based on London office listed first and UK operations since 1983 (not explicitly labelled HQ). Min deposit not stated.
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