City Index Reviews 389

TrustScore 4.5 out of 5

4.3

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Rated 5 out of 5 stars

Good customer service Been in and out of hospital last 16 months logged in to account and charged inactivity fee on 2 accounts. I didn't know about the fees but after talking with them on chat box t... See more

Company replied

Rated 5 out of 5 stars

To date I have had nothing but good experiences with City Index, my dealings have been with Charles Carpenter and he has been great on any queries I have had. Would certainly recommend.

Company replied

Rated 1 out of 5 stars

Terribly inconsistent. Sometimes — like now— I'm just not able to login and there are two issues with this. On one level, I worry that when this next happens I may miss something critical. Sec... See more

Company replied

Rated 5 out of 5 stars

while i thought i couldn't get what i needed at first Saejin offered an alternative - a service that would actually do the job for me. Something i didn't know i could ask and has never been offered.... See more

Company replied

Company details

  1. Finance Broker
  2. Financial Institution
  3. Gold and Silver Trading Company
  4. Investment Company
  5. Investment Service
  6. Stock Broker

About City Index

Written by the company

City Index

Part of StoneX Group Inc.

Your trusted trading partner, since 1983

City Index is a multi-award-winning CFD, tax-free spread betting and forex trading provider. City Index offers over 13,500 tradable markets on indices, stocks, forex, commodities, bonds & more.

Buy and sell shares, indices, forex, commodities and more. Take advantage of lightning-fast execution, award-winning platforms and superior support.

UK-based with over 40 years of experience in financial markets, City Index is part of NASDAQ-listed StoneX Group Inc.

OPEN ACCOUNT

Award-winning service

Best CFD Provider

Online Money Awards 2024

Best CFD Provider

ADVFN International Financial Awards 2024

Best Trading App

Good Money Guide Awards 2024


FOREX
SHARES
INDICES
COMMODITIES
OPEN ACCOUNT
Download on the App Store Get it on Google Play

United Kingdom Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

389 reviews

5-star
4-star
3-star
2-star
1-star

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Rated 5 out of 5 stars

problem was promptly solved

problem was promptly solved. chat and email convos were connected. thank you

August 3, 2023
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Reply from City Index

Thank you for your 5-star review! We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 5 out of 5 stars

Review for Andre Q

Andre was very patient in addressing my queries and handled it professionally.

August 1, 2023
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Reply from City Index

Thank you for your 5-star review! We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 5 out of 5 stars

The response was clear and answered…

The response was clear and answered both of my questions. Polite and professsional.

July 26, 2023
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Reply from City Index

Thank you for your 5-star review! We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 5 out of 5 stars

Great cooperation to help solving a problem . . .

I had a problem with the IRS asking for clarification regarding some transactions made on my City Index account in 2018, and the customer service department was very helpful in providing me with all the information and documents I needed to explain the transactions made on the account! Great cooperation :-)

July 9, 2023
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Reply from City Index

Thank you for your 5-star review! We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 4 out of 5 stars

All was great

All was great. Replies were just a little slow.

July 24, 2023
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Reply from City Index

 Thank you for taking the time to provide your feedback. Our Customer Service representatives work hard to ensure all our clients’ trading account questions are answered thoroughly and in a timely manner.  However, we recognize that there are always ways in which we can improve.  To this end, we are continuously training our staff to provide our customers with the superior customer experience they expect.

Rated 3 out of 5 stars

I could not make a withdrawal chat line…

I could not make a withdrawal chat line useless when I eventually spoke to someone who was most helpful you need more people, not a robotic chat support

July 20, 2023
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Reply from City Index

Thank you for your review. We do apologise for the withdrawal issues you experienced on your trading account and inconvenience this has caused. We investigated your case and a customer service member reached out to you by email.  Please respond to the email confirming requested information, so we can help you in resolving this issue. We do appreciate your patience and cooperation on this matter.

Rated 5 out of 5 stars

Lewis being Lewis

What an incredible day, Lewis Sturdy made me feel so welcome & a valued customer . Thank you all .
Moses

July 2, 2023
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Reply from City Index

We are glad to hear that you had such a positive experience with one of our onboarding specialists. We take our reputation as a trustworthy and reliable broker seriously, one which puts clients first. We appreciate your review, and we are happy to hear that you are enjoying our trading platform.

Rated 5 out of 5 stars
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Reply from City Index

Thank you for your 5-star review! We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 5 out of 5 stars

Great Trading Platform. Highly Recommended.

I've been trading with CityIndex for some time now, and they have consistently exceeded my expectations. Their user-friendly platform provides a seamless trading experience, with all the necessary tools and resources at my fingertips. Whether I'm analyzing charts or managing my portfolio, the platform delivers.

CityIndex offers a wide range of tradable instruments, including forex, stocks, commodities, and indices, allowing me to diversify my portfolio effectively. Their competitive spreads and transparent pricing are a plus.

I highly recommend CityIndex for anyone seeking a top-notch trading experience.

June 30, 2023
Unprompted review
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Reply from City Index

Thank you for your 5-star review! We are glad to hear that you are enjoying using our trading platform.

Rated 1 out of 5 stars

AVOID CITY INDEX AT ALL COSTS!!!

AVOID CITY INDEX (AUSTRALIA) AT ALL COSTS!!! An absolute joke!!!

TAKE NOTE: There is a pattern of continual & common problems/issues & faults, showing up within the poor reviews written, going back 5 plus years!

1. Incompetent staff across all levels, including mgmt: poorly trained; even poor knowledge about company website (to the point of making things up! Something you would expect from a 16 yr old new to the work force! My 4 yr old has a better work attitude than the City Index staff!).
They could not 'organise themselves out of a wet paper bag'!

2. Client Support doesn't provide any or little "support": poorly trained, ignorant, arrogant, & show a lack-luster ability to resolve the simplest of tasks!
Finance dept. are hopeless, slow & incompetent!
Complaints & responses to general questions to any City Index dept. go unattended and unanswered!
The ability to process card & bank account details is slow, cumbersomeness, & does not get completed without the need to harass them!
Staff stumble on basic questions and show an inability to provide answers, resulting in the call constantly being put on hold - getting hold of anyone to get a straight and plausible answer for anything is near impossible - either all new or all incompetent staff!

3. Platform is flawed: slow; thwart with errors e.g. continuing incorrect figures shown within the drop-down account balance box; trade close outs don't get executed immediately or soon after: longest period has been 5mins plus!

4. A Quote Request box constantly pops up when you want to buy/sell trades, failing to execute the the buy/sell price immediately or close to immediately - ultimately costing valuable time to close out/buy at the chosen stock price; numerous times I've encountered this, it has resulted in lost profit or failure to buy in at a better market price. This does not occur on any other trade platform I use currently or previously; multiple staff within the Client Services Support team were clueless (no surprise there!), and questioned the authenticity of it (have screenshots taken to prove it, and other reviews also state same or similar!!). Personally, it seems to be a tactic by City Index to wrongly screw over its clients! No other reason for it.

5. Constantly encountering platform shutting down requiring re-signing in - in one week it happened 3 times in one day, and often encountering multiple times per week. Nothing to do with my network, as the other platforms I have open at the same time and they continue to run without fault!

6. Changing card or bank details is painful, lengthy, to the point City Index makes it impossible to complete - even though on the City Index website it incorrectly states "easy and quick process"; due to money laundering laws verification is required, yet City Index don't request this, instead leaving up to you to chase them to have the process started!
They are not forthcoming in requirements to verify card and bank details - it is like pulling teeth to gain the full and correct information! And when you do provide all documentation they state is required for verification to be approved, they then "change the goal posts" and ask for further information!
They won't tell you why your verification has been denied. And when it is verified, they still don't tell you - you will have to chase and harass them for everything, to get an answer!

7. Website states 24/5 client support - not correct by a long shot - have encountered it a lot of times no one answering the phone with client services, especially around 4pm!

8. Very very limited CFD & Equity stock options - especially compared to other trade platforms available!!!

9. Margins are poor with a large percentage of what options they do have available, compared to other trade platforms.

10. Spreads are poor, and change almost immediately every time actual live market pricing drops, but does not immediately reduce spread gap (or it is delayed considerably!) when live market pricing increases! This means one thing: the City Index platform is run to benefit City Index 100% and to ensure you, as the client, are wrongly out done of your funds!

City Index state they go out of their way to assist and ensure your experience is "enjoyable"...does not happen, complete opposite!

June 21, 2023
Unprompted review
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Reply from City Index

Thank you for leaving your feedback, we strive hard to make every customer experience enjoyable, and we are sorry we have not been able to meet your expectations this time. While we strive to make our withdrawal process as flawless as possible, we must balance this with our duty as a regulated firm to verify details under the “Know Your Customer” (KYC) and Anti-Money Laundering (AML) guidelines set forth by our regulator.
One of our customer service representatives will reach out to you to help you resolve the case. We do appreciate your patience and cooperation in this matter.

Rated 1 out of 5 stars

AWFUL

Awful, they are scammers. Many stocks suddenly don't open when the market does and if you planned to trade them you got screwed. they execute trades when they want and sometimes won't let you close trades.

worst of the worst you will get very very frustrated

June 14, 2023
Unprompted review
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Reply from City Index

Thank you for your feedback. As a regulated firm, City Index takes its reputation as a reliable and trustworthy broker very seriously.
City Index and its subsidiaries are regulated in 8 jurisdictions worldwide, including CFTC/NFA in the US, IIROC in Canada, FCA in the UK, and CIMA in the Cayman Islands. We operate in highly regulated environments, with strong oversight into trading practices and execution.
We strongly encourage you to reach out to our support team for more details on your account. Our support email is support.uk@cityindex.com. To have the chatbot connect you with a live person, type in “agent” or “representative.” You can also call us directly at 0203 194 1801 (local rate) or Freephone 0800 060 8609 .

Rated 5 out of 5 stars
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Reply from City Index

We appreciate your thoughtful feedback. We are excited to hear your client services experience with us has met your expectations and hope you continue to have a positive trading experience with us.

Rated 5 out of 5 stars

Quick and Easy

June 5, 2023
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Reply from City Index

Thank you for the 5-star review. We are delighted that you are having a good experience with City Index.

Rated 1 out of 5 stars

Your service is a disgrace

Your service is a disgrace. The amount of times I have missed profit and made a loss because I am unable to close position because I CANT LOG IN. SORT IT OUT. WORST BROKERS IN THE WORLD. ABSOLUTELY USELESS. BE WARNED

June 2, 2023
Unprompted review
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Reply from City Index

We are sorry to hear that your experience with us did not meet your expectations. Would you be able to provide more details about the logging issue that you have been having ? We would like to help you with this issue; however, we require more details and clarification. Please email our support team at support@cityindex.co.uk .To have the chatbot connect you with a live person, type in “agent” or “representative.” You can also call us directly at 0203 194 1801 (local rate) or Freephone 0800 060 8609 .

Rated 5 out of 5 stars

Through customer service god Helped my…

Through customer service god Helped my needs

May 31, 2023
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Reply from City Index

We are glad to hear that you had such a positive experience with one of our Customer services team member. We take our reputation as a trustworthy and reliable broker seriously, one which puts clients first. We appreciate your review, and we are happy to hear that you are enjoying our trading platform.

Rated 1 out of 5 stars

Unable to close my position in PROFIT

Was unable to close my position when in profit in an oil trade yesterday. Unable to log in to tradingview, metatrader, browser or mobile app. It just simply showed a red X on the chart. Funny that, I then went into drawdown and the trade was available to close. Happens all too often. The mobile version is absolutely horrendoes, worst development on a trading app I have ever used. Be warned.

May 24, 2023
Unprompted review
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Reply from City Index

We apologise you have been having intermittent issues with your trading platform. We work hard to provide the most accommodating and exceptional platforms for our clients. Could you please contact our support team with your trading account details so we can assist you further with your inquiry .We would like to help you with your issue, however we require more detail and clarification.

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