City Index licence record
Is City Index regulated by the MAS?
Yes, according to our records. City Index is matched to a licence from the Monetary Authority of Singapore (Singapore). Confirm it on the register before relying on it.
Search the MAS register MAS warnings All City Index licences
What the MAS licence means
According to our records, City Index holds a licence from the Monetary Authority of Singapore (MAS), the financial regulator for Singapore. We classify the MAS 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 MAS-regulated entity, the key protections are: compensation — No compensation scheme for leveraged FX; retail leverage — 20:1 on major FX pairs for retail investors; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Customer money must be held in trust accounts with approved banks. Disputes can be taken to Financial Industry Disputes Resolution Centre (FIDReC).
City Index is also matched to licences from ASIC and FCA.
Protection at a glance
- Regulator tier
- Tier 1 — Top-tier regulation
- Compensation scheme
- No compensation scheme for leveraged FX
- Retail leverage
- 20:1 on major FX pairs for retail investors
- Negative balance protection
- Not a regulatory requirement
- Client money
- Customer money must be held in trust accounts with approved banks
- Complaints
- Financial Industry Disputes Resolution Centre (FIDReC)
How to verify this licence
- Open City Index's client agreement or website footer and note the exact company name and MAS licence number.
- Search that name or number on the official MAS register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (cityindex.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the MAS warnings page and IOSCO I-SCAN for the brand name.
City Index's other licences
Frequently asked questions
Is City Index regulated by the MAS?
Our database records City Index as holding a licence from the Monetary Authority of Singapore. Confirm the current status on the MAS register: https://eservices.mas.gov.sg/fid
Does the MAS licence protect all City Index clients?
No. It protects clients whose account is with the specific City Index company licensed by the MAS. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for City Index clients under the MAS?
No compensation scheme for leveraged FX
What leverage can City Index offer under the MAS?
20:1 on major FX pairs for retail investors