City Index review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
City Index suits UK and European retail investors who want one account for shares, ETFs, forex, CFDs, crypto and spread betting without a deposit hurdle. A minimum deposit of $0 and No deposit or withdrawal fees keep entry costs low, though an inactivity fee of £12 makes long dormant accounts costly.
Key facts
- Best for
- A single account spanning shares, forex, CFDs, crypto and spread betting, opened with a minimum deposit of $0.
- Minimum deposit
- $0 (Source, checked September 26, 2026)
- Inactivity fee
- £12 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Forex, CFDs, Crypto, Spread-betting (Source, checked September 26, 2026)
- Retail accounts that lose money
- 70% (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- No deposit or withdrawal fees (Source, checked September 26, 2026)
- Official website
- cityindex.com
Pros and cons
Pros
- No deposit barrier at $0, against a site median of €4.64
- No deposit or withdrawal fees keeps moving money on and off the account simple
- One account covers stocks, etfs and forex
- Minimum deposit rank of 1 out of 213 puts it at the top of that list
Cons
- An inactivity fee of £12 is above the site median of €0
- The inactivity fee rank of 45 out of 56 sits well down the table
- Retail accounts that lose money stand at 70%, so the low entry cost does not reduce trading risk
Ready to try City Index?
Scored 9.3 / 10 by BrokerCue.
Who it suits
- Retail investors who hold shares, ETFs, forex, CFDs, crypto and spread betting in one place
- UK and European readers who want no deposit or withdrawal charges
- Traders who will use the account often and avoid the inactivity fee of £12
Who should look elsewhere
- Long term savers who may leave an account dormant and pick up the inactivity fee of £12
- Readers who want a stated regulator and protection scheme, since none is listed for this brand
- eToro buyers chasing futures, which sit in stocks, etfs and forex but not in stocks, etfs and forex
What trading costs
The account opens at a minimum deposit of $0, the lowest on the site at rank 1 of 213, and No deposit or withdrawal fees. The one recurring charge to plan around is an inactivity fee of £12, which sits above the site median of €0 and ranks 45 among 56 brands. Per trade costs are not given here, so check the dealing charges for your market before trading.
How City Index compares
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Frequently asked questions
What is the minimum deposit at City Index?+
The minimum deposit is $0, which puts City Index at rank 1 of 213 brands on this measure. That sits below the site median of €4.64, so the account can be opened with a small starting balance.
Does City Index charge for deposits and withdrawals?+
Moving money in and out carries No deposit or withdrawal fees, as listed for this brand. That keeps transfer charges out of the cost picture, though currency conversion on non account currency payments is not covered here.
Is there an inactivity fee?+
Yes, an inactivity fee of £12 applies. That is above the site median of €0 and City Index ranks 45 of 56 on this fee, so an account left untouched is the main recurring cost here.
What markets can I trade on City Index?+
The listed markets are stocks, etfs and forex. That covers shares, ETFs, forex, CFDs, crypto and spread betting, so one account can hold several kinds of position rather than separate apps for each.
How much do retail accounts lose at City Index?+
The retail loss warning stands at 70%, close to the site median of 70.15%. Losing money is the most common retail outcome, and a low minimum deposit does not change that.
Which regulator and protection scheme apply?+
No regulator, licence or investor protection scheme is listed for City Index, so none is named here. Check the regulatory status and any protection scheme for your own country before depositing, since it is not covered by these details.
Is City Index a cheaper choice than Vantage to open?+
On the opening balance, yes: $0 against a Vantage minimum deposit of $5. That gap is the clearest cost difference between the two, though trading charges for your market still decide the day to day cost.
Sources
- brokerchooser.com/broker-reviews/city-index-review checked September 26, 2026
Backs: Minimum deposit
“The required minimum deposit at City Index is $0”
- cityindex.com/en-uk/terms-and-policies/risk-warning checked September 26, 2026
Backs: Retail accounts that lose money
“70% of retail investor accounts lose money when trading CFDs with this provider - City Index UK Risk Warning”
- fxleaders.com/forex-brokers/forex-brokers-review/city-ind... checked September 26, 2026
Backs: Deposit and withdrawal fees, Inactivity fee
“No deposit or withdrawal fees apply”
- topratedforexbrokers.com/city-index checked September 26, 2026
Backs: Markets
“Trade 6 Asset Classes”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Stock trade fee, Account fee, Regulators, Investor protection.
City Index
A single account spanning shares, forex, CFDs, crypto and spread betting, opened with a minimum deposit of $0.