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Although City Index claims to be regulated by the FCA, the unverified regulatory status makes me hesitant to declare them fully secure for trading. As a trader, I prioritize safety, and verified regulation by the FCA would usually assure me that the broker is following the appropriate rules to safeguard client funds. However, without verified status, I’m unsure if the level of protection that should be offered by the FCA is in place. Therefore, before I commit to trading with City Index, I would want to confirm their regulatory standing. If the FCA status was verified, I would feel more confident in their security measures.