City Index Deposit methods to fund your online trading account, learn all about the City Index Deposit ways to fund your account at City Index UK broker. For more information... more" />

City Index Deposit Methods

City Index Deposit methods to fund your online trading account, learn all about the City Index Deposit ways to fund your account at City Index UK broker. For more information about CityIndex Deposit types you can visit City Index reviews by ForexSQ.com forex website, The TopForexBrokers.com ratings forex brokers, or Fxstay.com online trading website and get all information you need to know about the City Index broker.

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City Index Deposit Methods

Here is all you need about city index deposit methods

1. How much money do I need to deposit to open a City Index CFD or Spread Bet account?

Remember, you must always have enough funds in your account to provide sufficient margin. We recommend that you deposit a minimum of £100 or an amount which is enough to substantially cover the margin requirement of your first trade. It is also prudent to also have enough equity in your account to sustain any significant moves against your position.

2. How can I fund my account?

You can fund your account using the following:

  • Debit card: Visa, MasterCard, Maestro and Electron
  • Credit card: Visa, MasterCard,
  • Bank transfer

Citibank cards cannot be used to fund accounts held with any spread betting provider. If you wish to funds from a Citibank account you will need to do this by bank transfer. We do not accept cash payments paid directly into our bank account, and we are unable to accept third party payments, any such transfers will be rejected and returned to the original source

For full details on our banking information, please use the funding link on the platform.

3. Are there charges for making deposits into my City Index account?

Debit card: FreeCredit card: 1.5%Bank transfer: Free

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4. Can I add additional cards to fund my account?

Yes, you can have a maximum of three cards registered to your account at any time. To add a new card, please use the funding link on the platform.

5. Can I deposit funds in another currency?

Funds can only be deposited in the base currency of the account.

6. How will I know when funds have been added to my account?

Once funds have been credited to your account, you will see them available on your trading account. Please note we do not send a confirmation of successful deposits.

7. My deposit has been declined. What should I do?

Your bank may decline your transaction for a number of reasons, but we are not told why. These may include:

  • Incorrect Expiry Date
  • Incorrect CVC Number (the 3 digit security code on the back of your card)
  • Invalid card number
  • Insufficient Funds
  • Out of date Address details.
  • Insufficient Funds
  • Incorrect Expiry Date
  • Incorrect CVC Number (the 3 digit security code on the back of your card)
  • Invalid card number
  • Out of date Address details
  • Incorrect 3DS details
  • Suspected fraudulent transaction

To resolve this, you will need to contact your card issuer.

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