City Index Minimum Deposit and Funding Options

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According to the latest data as of July 2025, the minimum deposit for City Index stands at 150 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union.

Key information about depositing money on City Index
City Index
Minimum deposit	150$
Deposit fee	0$
Bank Wire
Visa / Mastercard
PayPal
Study review

Are here any fees or charges for making deposits at City Index?

No, there are no fees or charges for making deposits at City Index. However, fees may still be applied by the payment systems used. For example, credit card transactions can incur an average fee of 1-3% from the provider. If the broker does not separately compensate for this amount, you should be prepared for these additional costs.

City Index deposit and withdrawal fees vs competitors
	Deposit fee, %	Withdrawal fee, %	Withdrawal fee, USD
City Index	0	0	0
Plus500	0	0	0
Pepperstone	0	0	0

What deposit methods does City Index support? How long does account funding tipically take?

We have highlighted the popular payment systems and noted those supported by City Index, along with the typical time required for transaction processing on the system's side.

It's important to note that some brokers only process deposits during business hours, so it is advisable to check the working hours with customer support. The availability of the Instant funding option indicates that deposits are processed automatically.

	City Index	Typical Deposit Time
Visa / Mastercard		Instant to 2 business days
Bank Wire		1 to 5 business days
PayPal		Instant to 1 business day
BTC		10 minutes to 1 hour

What are City Index base account currencies?

For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees Conversion fees occur when the deposit currency differs from your brokerage account currency and typically include an exchange rate markup and service charges, increasing your overall trading costs. To avoid conversion fees, fund your trading account in the same currency as your bank account. , simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at City Index with those offered by its competitors.

City Index account currency vs competitors
	City Index	Plus500	Pepperstone
USD
EUR
GBP
AUD
NGN
ZAR
CAD
NZD
CHF
INR
JPY
Gold
BTC

How much money do I need to start trading on City Index?

The minimum amount required to start trading can differ from the advertised minimum deposit on City Index. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.

The required trading amount to start trading on City Index depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on City Index is approximately $33.

Minimum Trading Amounts for Different Lot Size
	Standard Lot	Mini Lot	Micro Lot
1:1	$100,000	$10,000	$1,000
1:10	$10,000	$1,000	$100
1:30	$3,334	$334	$33

Notes:

Standard Lot: A standard lot is 100,000 units of the base currency.
Mini Lot: A mini lot is 10,000 units of the base currency.
Micro Lot: A micro lot is 1,000 units of the base currency.

Does City Index offer a low minimum deposit Сent account?

Yes, City Index offers a Cent account. This means that you can start trading at City Index with a very low minimum deposit, as little as a few dollars. The account balance and trade sizes are displayed in cents instead of dollars, making it easier for beginners to start trading without committing large amounts of money. This type of City Index account is ideal for those who want to practice trading strategies with minimal financial risk

All account types of City Index

How to Start Making Profits — Guide for Traders

The City Index broker provides only two types of accounts, one of which is real and the other is the demo. The difference lies in the presence of financial risk in a real account.

Account types:

Account Type

Description

Real account

Designed for experienced traders and makes it possible to perform trading operations with all offered assets in real-time. Trading conditions change depending on the assets used by the client;

Demo account

It allows the trader to test the trading conditions of the company or try a new strategy without the risk of incurring a loss; however, no profit will be accrued either.

Open real account

How to deposit money to the City Index trading account?

Depositing money into your City Index trading account is simple and quick. Follow these 6 easy steps:

Log In to Your Account
- Go to the City Index website cityindex.co.uk or mobile app.
- Enter your username and password to log in to your trading account.
Go to the Deposit Section
- Navigate to the "Deposit" or "Funding" section in the main menu or account settings.
Select a Payment Method
- Choose your preferred payment method from the options available: BTC, PayPal, Visa / Mastercard, Bank Wire
Enter Deposit Details
- Specify the amount you wish to deposit. Keep in mind that City Index minimum deposit is 150$
- Provide the necessary information for the chosen payment method.
Confirm the Transaction
- Review your deposit details for accuracy.
- Click "Deposit" or "Submit" to confirm the transaction.
Check Your Account Balance
- Once the deposit is processed, verify that the funds are credited to your account balance.

Pro tips for beginning traders

The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.

Many forex brokers offer attractive deposit bonuses ranging from 10% to 100% of your initial deposit. These bonuses can provide extra trading power by augmenting capital, potentially boosting gains.

While bonuses and different promotions from City Index or any broker can be beneficial, especially for new traders looking to increase their trading capital, it's essential to view them as a tool rather than free money. Statistics show that only a small fraction of traders who accept bonuses actually manage to meet all conditions and fully benefit from them.

Key aspects to consider include:

Most bonuses require you to trade a certain volume before you can withdraw the bonus or profit from its usage.
Bonuses typically have an expiration date. The average timeframe in the industry is 30 to 90 days.
Impact on trading strategy - traders with bonuses often are more likely to engage in high-risk trading behaviors.