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City Index Review 2026

Best for: Trading Signals • Performance Analytics • Forex

9.6
Excellent
Trustpilot: 4.3/5

Risk Warning

CFDs and Spread Bets 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 spread bets and CFDs with this provider. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money.

Full Analysis

Backed by StoneX (a Fortune 100 company), City Index is a powerhouse. They differentiate themselves by trying to make you a better trader. Their analytic tools don't just show you price; they show you your own psychology.

SMART Signals

The SMART signals dashboard scans the markets for you, providing actionable trade ideas based on price momentum and reversals. It's a great tool for generating ideas when the markets seem quiet.

What Matches Your Trading Style?

CFDs vs Spread Betting

Both are ways to trade price movements without owning the underlying asset. Both use leverage (so you can win or lose big with a small deposit). The main difference is how they are structured:

  • CFDs: You buy "contracts". 1 contract might equal 1 share. It feels like traditional trading. You usually pay Capital Gains Tax on profits.
  • Spread Betting: You bet a certain amount per point of movement (e.g., £1 per point). In the UK, profits are currently tax-free.

Which is better? Spread Betting is often cheaper for UK traders due to the tax benefit. CFDs are the global standard and often have more professional platforms (Direct Market Access).

Pros & Cons

Pros

  • Performance Analytics: Deep insights into your trading habits.
  • Trading Signals: SMART Signals engine powered by algorithms.
  • Execution: Reliable and fast execution speeds.
  • Integration: Excellent TradingView integration.

Cons

  • Web Platform: Can feel a bit cluttered compared to IG.
  • Product Range: Slightly fewer markets than IG (though still huge).

Best For

📈

Data-Driven Traders

Performance Analytics track your trading behavior (discipline, timing, win/loss) to help you optimize your strategy.

🔔

Signal Followers

SMART Signals provide high-quality, algorithmically generated trade ideas with clear target and stop levels.

🖥️

TradingView Fans

Seamless integration with TradingView allows you to trade directly from the world's most popular charting site.

Rating Breakdown

Analytics 10/10
Signals 9.5/10
Support 9.0/10

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