Yes, City Index does have a demo account. We have tested the demo platform and reviewed how similar it is to the live trading platform below. You can also see a screenshot of the City Index demo account to give you an idea of the look and feel.
City Index Demo Account Review
Name: City Index Demo
Description: City Index's demo account lets you trade for 12 weeks with a virtual balance of £10,000 on all the 13,500 markets that are available on the live trading platform.
69% of retail investor accounts lose money when trading CFDs with this provider
Is City Index's demo any good?
City Index have one of the best demo trading accounts on offer as it is essentially a carbon copy of their live trading platform, which includes trading signals, performance analytics and access to the same broad range of tradable assets.
Pros
- Full demo platform
- All the main features
- Lots of markets to trade
- 12 weeks use
Cons
- Limited options markets
- Some demos offer more virtual funds
- Has a time limit
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Pricing
(4)
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Market Access
(4.5)
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Online Platform
(4)
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Customer Service
(4.5)
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Research & Analysis
(4.5)
Overall
4.3Is pricing different on the City Index demo?
No pricing is the same on both the demo and the live trading account, you also get the same margin rates. you can see this in the screenshot below which shows the exact same DAx pricing in both the live and demo versions. The demo is on the right, and live is on the left, screenshot taken 14:14 29/01/2024
Can you open a City Index MT4 demo account?
No, you can only open a demo of City Index’s main WebTrader platform or app. If you want an MT4 demo, to be honest, there are better options, as in my view City Index’s proprietary trading platform is better than MT4.
Can you trade on the City Index demo with Spread betting or CFDs?
City Index’s demo account is generic so when you log in you see pricing for both spread betting and CFDs where pricing is the same.
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Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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