Make your content and apps multilingual with fast, dynamic machine translation available in thousands of language pairs. They also have a policy that protects all sensitive and private information you share with them. A form is provided for you to supply certain information like your name, email address, and account number.
City Index Trading Platforms
- Having been around since 1983, it has built a solid reputation for providing a reliable and comprehensive trading experience.
- FCA provides segregated client funds and the Financial Services Compensation Scheme (FSCS) compensates up to £85,000 event of liquidation of investor accounts lose money.
- However, the City Index charges high spreads and commissions as well as charges inactivity fees.
- New clients get a welcome letter with key account information and an introduction to platforms to help you pick the best platform for your needs.
- In fact the last time I checked CityIndex quoted over 10,000 markets including commodities, indices and a comprehensive listing of US, UK and European stocks.
With such a long history, it’s only normal that City Index has a few unhappy customers. I guess it’s safe to say this is a reliable brokerage, with tons of experience and part of the huge Gain Capital Group (they also own Forex.com, which is one of the biggest FX brokers around). City Index offers Contracts For Difference (CFD) and Spread Betting. Spreads are as low as 0.5 pips for currency pairs and 1.0 points on indices. Equity CFDs carry a fee of 0.08% with a minimum of £10 or the currency equivalent.
AT Pro represents one of the most advanced trading platforms available to traders in today’s financial markets. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
other staff just tell me my account is not working.
This mobile trading platform is native to City Index and is available on iOS and Android devices. With the City Index MetaTrader 4 account you get access to Expert Advisors from FX Blue, more than 80 currency pairs, and a wide range of charting tools. Note that funds can only be deposited in the base currency of your CFD trading account. City Index users can trade over 40 global indices with low spreads on European, Asian, Australian, and US Indices. The professional account is for traders who meet at least 2 of these 3 requirements.
- Marko has been working on the road for over 5 years, and is currently based in Europe.
- City Index review offers over 80+ Forex Pairs including major, minor, and exotic with a spread as low as 0.5pts.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Other asset categories include bonds, interest rates, and options.
- Choose between spread betting and CFD accounts and enjoy competitive spreads on European, US, Asian, and Australian indices.
- As a result of the global outages impacting a third-party company, City Index experienced an interruption to our services.
Benzinga has completed a City Index Review, one of the world leaders in spread betting and CFDs, to help you determine if it’s the choice for you. Open a City Index account today and improve your trading results with our trusted Forex brokers! Stay informed about CFDs, FX, stocks, and cryptocurrencies, and use real broker reviews to make sound trading decisions. You can Trade indices, stocks, forex, metals, and commodities on the web and desktop platforms with the support of TradingView. Options trading allows you to capitalize on any market condition, offering income generation, risk management, and leverage opportunities.
City Index Account types
Furthermore, Citibank cards cannot be used for funding, and City Index does not accept cash payments directly into their bank account. Step 5) At this point, City Index will be going deeper into what they want to know. My short AUD/JPY bias sprang into action quicker than I expected two weeks ago. While support has since been found, it looks like it wants to retrace against that initial drop. Yet I have my eyes on the bigger (and more bearish) prize, and when comparing this cross to other yen pairs, I suspect another leg lower could be due when the current bounce fizzles out as… The Nasdaq reached a record high and the S&P 500 is close to reaching its own record high.
Is City Index regulated by MAS?
The platform offers webinars, articles, and tutorials that cater to traders of all levels. These resources are particularly useful if you’re new to Forex trading or if you want to refine your strategies. Information on the City Index website shows that the easiest way to contact the customer support team is via live chat.
According to the website, a trader must meet two of the three requirements in order to be eligible for inclusion as a Professional Trader. No matter your trading experience, our powerful technology will work for you. Our research portal highlights trade opportunities using technical and fundamental analysis. You can follow the markets using native apps that https://traderoom.info/city-index-forex-broker/ are optimized for your tablet and smartphone. Trade on the most popular FX trading platform available, with powerful charting packages.
Moreover, City Index’s affiliation with StoneX Group, a global financial services company with a strong reputation, further enhances its reliability and credibility in the brokerage industry. This association implies robust capital backing and adherence to best practices in trading services. In-house analysts at City Index are instrumental in generating detailed market outlooks that cater to both fundamental and technical traders. These analysts utilize sophisticated tools from Trading Central, a renowned market research provider, to offer deep analytical insights.
Exchange data is fed into platforms and the broker doesn’t charge anything for the data. City Index broker offers two main methods for trading forex, tailored to different investor preferences. Take advantage of lightning-fast execution, award-winning platforms and superior support. A notable aspect of City Index’s educational offering is the emphasis on written content, which is both extensive and detailed.