There are a lot of customer reviews on the Internet who claim that this broker deceived them, so we decided to take a closer look at the City Index broker. City Index is a forex and CFD platform that has a poor reputation on the Internet.
City Index Official Website
The site looks good, but it’s not different from the sites of other brokers. The only significant drawback is the absence of other languages on the site, although City Index presents itself as an international company.
In addition, this broker has several accounts on social networks. But despite its 20 years of work, City Index has few subscribers.
However, as we can see, City Index failed to gain much popularity on Youtube
The City Index broker still has a license from the British regulator FCA, however, we know on our own experience many examples of how scammers deceive their clients with or without a license. We also doubt that this broker will have a license for a long time as customer reviews about the experience with this broker are mostly negative. We also see that there are a lot of bad reviews from Russian-speaking clients. We remind you that every broker should have a license from the local regulator to provide financial services.
As for the management of the company, on the website of FSA there is some information about a complaint manager David Dohmen. There is the address of City Index on the FCA page that is also indicated on the official website.
Information about the management of City Index
Do you still want to work with this broker?
This company has a bad reputation because of their poor service and dishonesty. This is evidenced by a score of 2.4 of the well-known review website trustpilot.
We strongly recommend not to contact this broker as this company has a poor reputation among traders. City Index office shows zero efficiency and productivity
Another client is not satisfied with the cooperation with City Index
Conclusion
Based on all the above, we do not recommend this broker. We assume that if you are reading this article, you are looking for reliable brokers – we have a list of trusted brokers for you. So, if you have faced the fraud, our team of lawyers is ready to help you return the money.
