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One of the major limitations I see with City Index is their unverified regulatory status, despite their claim of being FCA regulated. As a trader, this raises a red flag for me, as proper regulation ensures that the broker operates within the law and adheres to safety standards. Furthermore, while City Index offers a broad range of instruments, they don’t offer cryptocurrency trading, which could be a drawback for traders interested in digital assets. Additionally, the customer support options are somewhat limited, and I’ve found the contact methods to be less extensive compared to other brokers. While City Index offers great trading features, these limitations are important to consider before committing fully to their platform.