Visit BrokerRisk Warning: Your capital may be at risk
|💻 Demo Account:||Yes |
|⚖ Allows Hedging:||No|
|🔪 Allows Scalping:||No|
|📈 Trading Platform(s):||MT4,GTS Pro, iPhone/iPad, WEB, Java,|
|📜 Regulating Authority(s):||FCA|
|💰 Minimum Deposit:||NA|
|📣 Maximum Leverage:||400:1|
Visit City Index
Risk Warning: Your capital may be at risk
City Index Group is a financial company offering online Forex, CFD, and spread betting, FX, and CFD trading. With operations in in Australia, China, Germany, Hungary, Israel, Poland and the United Kingdom, the group is comprised of City Index Ltd., Finspreads, FX Solutions, and IFX Markets brands.
Established in 1983, City Index launched its CFD exchange function in the UK in 2001. By 2005, City Index Group had acquired the IFX Group. The result: FX broker, IFX Markets and Finspreads.com. Institutional partnerships with City Index Contract For Difference (CFD) extend Forex spread betting services under the company’s white-label product solution.
City Index Group acquired FX Solutions in 2008, the retail and white label foreign exchange services market leader in the United States. City Trading was launched in 2009, offering brokers the first iPhone app for CFD trading and spread betting. Since then, the app has been made available for Android and Blackberry devices.
In addition to broker account services, City Index offers a six week online Trading Academy. The program has demonstrated success, providing education, insights, and technical support by experts in the financial markets.
City Index premium VIP trading accounts are scaled according to average trade size and account deposit. VIP Account Benefits:
• Dedicated VIP trader access
• City Index global market analyst team support
• City Index event access
• Interest on deposits
• Premium overnight financing rates
VIP traders have access to thousands of CFD trading markets (i.e. bonds, commodities, currencies, indices, interest rates, and shares) as well as betting spreads. Forex brokers can trade on Capped Variable Spreads from 37 FX pairs (i.e. GBP/USD, EUR/USD, and USD/JPY).
Traders new to City Index have the option of a free demo account. Unlimited access to the exchange platform for two weeks, a £2,500 virtual cash balance, market reporting, as well as real-time trading of spread betting and trade of CFDs and Forex major, minor and exotic pairs, and commodities, currencies, indices and shares.
Commissions & Spreads
City Index offers traders some of the lowest commissions, tightest spreads and margins starting at 1% on thousands of trades from over 10,000 global financial markets. Brokers earn exponential returns from combined portfolio investment in City Index exchange securities, binary options, futures, commodities, precious metals on the primary and secondary markets. City Index Forex CFDs include both Spot and Futures contracts, with margins initiated at 1% or more. Traders can also take a position on base-line interest rates. EU and UK short-term interest-rate based CFDs on Euribor, Eurodollar and Short Sterling contracts offer spreads from 0.03 points.
City Index online exchange trading software enables traders to access their account from their desktop, mobile device, or tablet. The City Index exchange platform offers global cross-portability and is configured for: Advantage Web, Advantage Trader, MetaTrader 4 (FX), Android Mobile App, Android Tablet App, Blackberry App, iOS (i.e. iPad App, iPhone App), and Windows Mobile App.
Deposits & Withdrawals
The minimum first deposit of GBP £100 is required to open a City Index account. Deposits thereafter are entirely up to the trader. Deposits can only be made in the Base Currency of the account. City Index accepts VISA Delta debit cards, MasterCard and VISA credit cards for payment. Credit card deposits are subject to a 1.5% processing fee.
Client Management support services are offered by City Index by email or phone: 0845 355 0801.
Regulators & Safety
City Index Ltd. is registered in England and Wales, authorised and regulated by the UK Financial Conduct Authority. The Company adheres to European Economic Area (EEA) rules on privacy and information sharing, as well as international standards to legal identity protections.
The City Index FX Leverage to suit feature enables traders to adjust Leverage Ratio expressed as a ratio of traded contract consideration, rather than margin requirement for the optimal risk flexibility, Margin is calculated on all long and short positions per instrument as well, the basis to deposit requirements on each open trade in a broker account with sufficient cash balance on trades to cover the estimated margin of profit/loss. City Index traders can change leverage on deal tickets via web platform or mobile app.