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Rating Index
1.58
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
7.56

Pros

None identified due to the broker being widely regarded as a scam.

Cons

Unregulated and lacks licensing from any major financial authority.
Multiple reports of fraudulent activities and inability to recover funds.
Negative user feedback and warnings from regulatory bodies about the broker's legitimacy.

City Global broker Accounts

city global Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: city global Account Types Overview

city global Account Types Explained

City Global offers a variety of account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard Account $100 Fixed spreads from 1.5 pips Up to 1:500 User-friendly interface, suitable for beginners Beginner traders Forex, commodities, indices
ECN Account $500 Variable spreads from 0.0 pips + commission Up to 1:200 Direct market access, lower spreads Advanced traders Forex, commodities, indices
Pro Account $1,000 Variable spreads from 0.1 pips + commission Up to 1:100 Advanced trading tools, higher leverage Professional traders Forex, commodities, indices, cryptocurrencies
Islamic Account $500 Fixed spreads from 1.5 pips Up to 1:500 Swap-free, compliant with Sharia law Muslim traders Forex, commodities, indices
Demo Account N/A N/A N/A Practice trading without risk All levels Forex, commodities, indices

  • Beginner: Standard Account
  • Intermediate: ECN Account
  • Advanced: Pro Account
  • Muslim Traders: Islamic Account
  • All Levels: Demo Account

Part 2: city global Account Features Comparison

Detailed city global Account Features

When comparing the features of the different city global account types, the following aspects are essential:

  • Minimum Deposit:

  • Standard Account: $100

  • ECN Account: $500

  • Pro Account: $1,000

  • Islamic Account: $500

  • Demo Account: N/A

  • Maximum Leverage:

  • Standard Account: Up to 1:500

  • ECN Account: Up to 1:200

  • Pro Account: Up to 1:100

  • Islamic Account: Up to 1:500

  • Spreads (Typical/Minimum):

  • Standard Account: Fixed from 1.5 pips

  • ECN Account: Variable from 0.0 pips

  • Pro Account: Variable from 0.1 pips

  • Islamic Account: Fixed from 1.5 pips

  • Commission Fees:

  • Standard Account: None

  • ECN Account: Yes, based on trading volume

  • Pro Account: Yes, based on trading volume

  • Islamic Account: None

  • Lot Size:

  • Standard Account: Micro, Mini, Standard

  • ECN Account: Standard

  • Pro Account: Standard

  • Islamic Account: Micro, Mini, Standard

  • Available Trading Platforms:

  • All accounts: MT4, MT5

  • Execution Type:

  • Standard Account: Market

  • ECN Account: ECN

  • Pro Account: ECN

  • Islamic Account: Market

  • Islamic Account Availability:

  • Yes, for Islamic Account type only.

  • Swap-free Options:

  • Available for Islamic Accounts.

  • Demo Account Features:

  • Virtual balance for practice trading, access to all trading instruments.

Advantages and Disadvantages of Each Account Type

  • Standard Account:

  • Advantages: Easy to use, no commissions, suitable for beginners.

  • Disadvantages: Higher spreads compared to ECN accounts.

  • ECN Account:

  • Advantages: Lower spreads, direct market access.

  • Disadvantages: Requires higher minimum deposit, commissions apply.

  • Pro Account:

  • Advantages: Advanced tools, lower spreads.

  • Disadvantages: High minimum deposit, commissions apply.

  • Islamic Account:

  • Advantages: Complies with Sharia law, no swap fees.

  • Disadvantages: Limited to specific trading conditions.

  • Demo Account:

  • Advantages: Risk-free practice, full access to trading instruments.

  • Disadvantages: Limited duration, not suitable for real trading.

Part 3: city global Account Opening Requirements

city global Account Registration Requirements

To open a city global account, the following eligibility criteria must be met:

  • Age Requirements: Must be at least 18 years old.

  • Geographic Restrictions: Available in most countries, but specific restrictions may apply based on local regulations.

  • Prohibited Countries: Certain countries may be restricted due to regulatory compliance.

  • Identity Verification Documents Needed:

  • Valid government-issued photo ID (passport or national ID).

  • Proof of residence (utility bill, bank statement).

  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

  • KYC/AML Compliance Procedures:

  • All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

  • Verification Time Frames:

  • Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: city global Account Opening Process

Step-by-Step city global Account Opening Guide

  1. Visit Website and Click Registration: Navigate to the city global website and select the account registration option.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type based on your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
  5. Document Upload: Upload required verification documents as specified.
  6. Account Verification: Wait for confirmation of account verification from city global.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Once funded, you can begin trading on the platform.
  • Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but the mobile version may have a simplified interface.
  • Common Registration Issues and Solutions: Issues may arise from incomplete documents or incorrect information. Ensure all details are accurate and documents are clear.
  • Average Account Approval Time: Typically 1-3 business days.
  • How to Upgrade/Downgrade Account Types: Contact customer support for assistance with changing account types.

Part 5: city global Demo Account Information

city global Demo Account Guide

  • Demo Account Features and Benefits:

  • Provides a risk-free environment to practice trading.

  • Access to all trading instruments available in live accounts.

  • How to Open a Demo Account:

  • Follow the same registration process and select the demo account option.

  • Demo Account Limitations:

  • Limited duration, typically 30 days, after which it may expire.

  • Virtual Balance Amount:

  • Usually offers a virtual balance of $100,000 for practice.

  • Demo vs Live Account Differences:

  • Demo accounts do not involve real money; live accounts require actual deposits and trading.

  • Duration/Expiry of Demo Accounts:

  • Generally valid for 30 days, but can be extended based on the broker's policies.

Part 6: city global Islamic Account Details

city global Islamic Account Details

  • Swap-free/Islamic Account Availability:

  • Yes, city global offers an Islamic account that is compliant with Sharia law.

  • Eligibility Requirements:

  • Must be a Muslim trader or individual seeking a swap-free trading environment.

  • Differences from Standard Accounts:

  • Islamic accounts do not incur swap fees, making them suitable for long-term positions.

  • How to Apply for Islamic Account:

  • Select the Islamic account option during the registration process and provide necessary documentation.

  • Restrictions or Special Conditions:

  • Must adhere to Islamic trading principles, including no interest-based transactions.

FAQs – city global Account Types & Opening

  1. What account types does city global offer?
  • City global offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.
  1. How long does city global account verification take?
  • Typically, 1-3 business days.
  1. Does city global offer demo accounts?
  • Yes, a demo account is available for practice trading.
  1. Can I have multiple account types with city global?
  • Yes, clients can open multiple account types.
  1. Does city global offer Islamic/swap-free accounts?
  • Yes, an Islamic account is available.
  1. What documents do I need to open a city global account?
  • Valid ID and proof of residence.
  1. Can I change my account type after registration?
  • Yes, you can contact customer support to change account types.
City Global accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
City Global Account