Is City Index regulated by the FCA?

What the FCA licence means

Based on our licence database, City Index holds a licence from the Financial Conduct Authority (FCA), the financial regulator for United Kingdom. We classify the FCA as tier 1 — top-tier regulation. Strict capital, client-money and conduct rules with active enforcement; usually leverage caps and often compensation schemes.

For City Index clients whose account is held by its FCA-regulated entity, the key protections are: compensation — FSCS — up to £85,000 per eligible client per firm; retail leverage — 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices); negative balance protection — mandatory for retail clients; client money — Client money must be held in segregated accounts under the CASS rules. Disputes can be taken to Financial Ombudsman Service (FOS).

City Index is also matched to licences from ASIC and MAS.

Protection at a glance

Regulator tier

Tier 1 — Top-tier regulation

Compensation scheme

FSCS — up to £85,000 per eligible client per firm

Retail leverage

30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices)

Negative balance protection

Required for retail clients

Client money

Client money must be held in segregated accounts under the CASS rules

Complaints

Financial Ombudsman Service (FOS)

How to verify this licence

1. Open City Index's client agreement or website footer and note the exact company name and FCA licence number.
2. Search that name or number on the official FCA register. Check the status is current, not cancelled or suspended.
3. Confirm the website domain you're using (cityindex.com) is the one listed on the register — clone firms copy genuine licence numbers.
4. Search the FCA warnings page and IOSCO I-SCAN for the brand name.

City Index's other licences