Broker check

Is City Index safe?

City Index is a broker listed with FCA, MAS. Our verdict is Strongly Trusted, 9.5 out of 10. Below: what each regulator means for client protection and how to verify.

Strongly Trusted

9.5 / 10

Regulators: FCA, MAS
FCA: Registered
Basis: Reviewed
Updated: 18 Jun 2026

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What the verdict means

City Index is rated "Strongly Trusted". Verdicts come from a fixed, rule-based model applied identically to every entity.

Strongly TrustedThis record
A strong regulatory basis or track record on the evidence we hold.
Trusted
A reasonable regulatory basis or track record on the evidence we hold.
Proceed With Caution
Mixed or thin evidence, often an offshore licence. Check the register yourself.
Avoid
Serious concerns, such as no regulatory basis or a confirmed closure.

Basis: reviewed and locked. See the methodology for sources.

Who regulates City Index

Listed regulators from our records. Compact rows with register links:

Financial Conduct Authority

(FCA)

United Kingdom

Major onshore regulatorFCA Financial Services Register Ref: 113942

Monetary Authority of Singapore

(MAS)

Singapore

Major onshore regulatorMAS Financial Institutions Directory

How to verify this yourself

Take a few minutes to check official registers directly:

01
Open the FCA Financial Services Register at register.fca.org.uk.
02
Search for the firm's name or its Firm Reference Number (FRN). Our record shows reference 113942.
03
Check that the licensed legal entity matches City Index's account terms and that status is current.
04
Check permissions cover the instruments you plan to trade.

Open the FCA Financial Services Register

Alternatives to City Index

Comparable brokers with an equal or higher score:

CMC Markets

CIRO, FCA, FMA

Strongly Trusted

9.5 / 10

BP Prime

FCA

Strongly Trusted

9.5 / 10

Capital Markets Elite Group

CIMA, FCA

Strongly Trusted

9.5 / 10

FxPro

CNMV, CySEC, FCA

Strongly Trusted

9.5 / 10

Head to head: City Index vs BP Prime, City Index vs Capital Markets Elite Group, City Index vs CMC Markets

The record

Public verification fields held for this entity:

Verdict: Strongly Trusted
Score: 9.5 / 10
Regulators listed: FCA (United Kingdom), MAS (Singapore)
FCA register: Registered, reference 113942
FCA warning: None recorded
Record basis: Reviewed and locked
Record updated: 18 Jun 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

City Index: questions answered

Is City Index regulated?

Our record lists City Index as regulated by FCA (United Kingdom) and MAS (Singapore). Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.

Is City Index FCA regulated?

Yes, our record shows City Index on the FCA register with reference 113942. Check the current status on register.fca.org.uk.