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City Index deposits and withdrawals

Review available payment methods, currencies, processing information, fees, limits and reported withdrawal issues.

Regulated
Editorial score
7.7/10How we scored City Index
User rating
No user ratings yet
Regulatory status
FCAASICMAS
Country
United Kingdom
Established
Established 1983
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Review available payment methods, currencies, processing information, fees, limits and reported withdrawal issues.

Deposits and withdrawals

Available funding methods include Debit card, credit card where permitted, bank transfer, PayPal and jurisdiction-specific methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Typically 1-3 business days after processing, against Cards/PayPal generally instant; bank transfers can take 1-3 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: cards, bank transfer, paypal where supported. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is £100 or remaining account balance in UK - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods
Debit card, credit card where permitted, bank transfer, PayPal and jurisdiction-specific methods
Withdrawal methods
Cards, bank transfer, PayPal where supported
Deposit time
Cards/PayPal generally instant; bank transfers can take 1-3 business days
Withdrawal time
Typically 1-3 business days after processing
Deposit fee
None internally
Withdrawal fee
Generally none internally
Minimum withdrawal
£100 or remaining account balance in UK
Local payment methods
Local bank transfer and region-specific methods

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Account terms may differ by entity and country.

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