CITY INDEX
Our Strategic Partner — City Index (Australia)
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City Index is a trusted, ASIC-regulated Australian forex broker and a proud member of the global StoneX Group — a Fortune 100 company and one of the world’s leading financial services networks.
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We’re pleased to announce a strategic alliance with City Index, recognising the strength and innovation behind our trading software. As part of this partnership, all Australian users of our service will be connected exclusively through City Index. This ensures a smoother onboarding experience, premium customer support, and seamless platform integration.
Outside Australia?
No problem — you’re welcome to use any reputable broker that supports MT4 or MT5.
Opening An Account
Opening an account with City Index is completely free and generally a smooth process. As part of their commitment to Australian regulatory compliance, you’ll need to complete a standard onboarding procedure — including identity verification and suitability checks.
If you have any questions along the way, the City Index support team is readily available to assist you throughout the setup.
IMPORTANT POINTS
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As part of ASIC regulations, you will have to complete a small online test on your understanding of forex and leveraged account. If you fail this it will kick you off the system. It's quite simple but please ensure you have access to some resource material when doing the questionare (eg ChatGPT, Google, etc). It just makes it easier and it's not cheating as you are just confirming.
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Select the Correct Platform:
When opening your City Index account, be sure to select a MetaTrader 4 (MT4) account. This is the platform required to connect with our trading software. -
Access MT4 Anywhere:
The MT4 platform is available for download on desktop (Windows or Mac), mobile devices, and can also be accessed via web browser through your City Index account. -
No Need to Keep MT4 Running:
Once your account is active and you've received your MT4 login details, you’ll be able to connect to our trade copy service via a secure cloud server. This means you don’t need to keep MT4 running on your own device — everything operates seamlessly in the background.
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Once you have the login details for your MT4 account (live or demo) please go to our 'Using MT4' page
Live vs Demo Accounts — Which Should You Choose?
Using a funded live account is the simplest and most effective way to experience our trading software as it’s truly intended. For testing purposes, we recommend starting with a minimum of AUD $2,000. This provides a realistic indicator of system performance with meaningful trade sizes, while allowing you to gain confidence in how everything works. You can add more funds at any time once you're ready.
Alternatively, you may choose to use a demo account to explore the system without any financial risk. You can set any starting balance and still get a feel for the overall operation. However, please note that demo setups can be slightly more complex to configure, and they do not always perfectly replicate real-market conditions or our live trade execution. It will be similar, but not identical.
Opening a Demo Account
Here are the steps required to open a demo account with City Index.
Note: This is only after you have set up an account with City Index
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​1. Log into City Index here ​​
2. Log into MT4 online​​
3. Open a 'Demo' account
4. Complete Details
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Notes:
-Just choose 'forex usd' to approximate AUD.
- Choose any deposit amount you want
- leave leverage at 100:1
5. Your Login Details
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These are the details you will need to login to your MT4 platform on either your computer or device app.
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Please note that the 'Server' name is important and you may have to put that in manually when logging in to your MT4 platform and also when connecting to our trade copy service. (see below)
Please keep a record of these details.
6. Finish Demo account request
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When you hit 'Complete' it will take you to the web based MT4 platform with City Index.
