City Index Broker Review


  •  

    Visit BrokerRisk Warning: Your capital may be at risk


    💻 Demo Account: Yes
    ⚖ Allows Hedging: No
    🔪 Allows Scalping: No
    🏢 Headquarters: London
    📅 Founded: 1983
    📈 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

    NA
    Minimum Deposit
    400:1
    Maximum Leverage
    1983
    Founded

    Our Review of City Index

    City Index
    Company Overview
    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.

    Account Types
    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.

    Trading Software
    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.

    Customer Support
    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.

    Leverage
    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. 


    Visit City Index's Website

Company Information
Broker's Name
City Index
Headquartered in
London
Year Founded
1983
Regulating Authority
FCA
US Clients Accepted
No
Telephone Number
0845 355 0801
Fax Number
E-Mail Address
client-management@cityindex.co.uk
Account Options
Type of Broker
Dealing desk, No dealing desk, Market maker, STP
Commission
Yes
Mini Account
No
VIP Account
Yes
Segregated Account
Yes
Islamic Account (Swap Free)
No
Demo Account
Yes
Institutional Accounts
Yes
Managed Accounts
No
Maximum Leverage
400:1
Minimum Deposit
NA
Deposit Options
Credit Cards, Wire Transfer, Credit Card Deposit by Phone, Debit Cards
Withdrawal Options
Credit Cards, Wire Transfer, Credit Card Deposit by Phone, Debit Cards
More Instruments
Metals
Yes
Oil
Yes
Gold
Yes
Indices
Yes
Stocks
Yes
Commodities
Yes
ETFs
Yes
CFDs
Yes
Trading Platform
Platform Type
MT4,GTS Pro, iPhone/iPad, WEB, Java,
Platform Languages
English, German, Chinese, Arabic, Polish
OS Compatibility
Mac, Windows, Mobile, Web, iPhone, iPad
Streaming News Feed
Yes
Charting Package
Yes
Trading Signals
Yes
Automated Trading
Yes
Trade From Charts
Yes
Market Commentary
Yes
E-mail Alerts
No
Mobile Alerts
No
Scalping
No
Hedging
No
Trailing Stops
No
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Yes
Guaranteed Fills
No
Interest on Margin
No
One-Click Execution
No
OCO Orders
No
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
English,Spanish, German, Chinese, Arabic, Polish,
Customer Service Hours
24-
Place Trades Over the Phone?
Yes
Bonuses & Rewards
No Deposit Bonus
No
Bonus for First Deposit
No
Is the Bonus Based on the Volume of the Transaction?
No
Other Bonuses
No


English
Our Rating: 
0
No votes yet
Broker Type: 
Forex

Related Articles

  • Company Overview AVATrade has grown to a trading volume of 2 million a month with 20,000 customers since being founded in 2006. Headquartered in...
  • Company Overview ETX Capital was originally established in 1973. ETX is the brand name used for the holding company Monecor Ltd. Currently, this...
  • Markets.comCompany Overview Markets.com is an online Forex and CFD broker for investors. As part of its services, it provides customer support and...
  • YouTradeFX YouTradeFX offers its customers the latest trading applications using desktops, laptops, smartphones or tablets. There system has been...
  • IronFX Company Overview As a global leader in online trading, IronFX provides one of the best trading experiences available today. With five...
  • Forex Time An international Forex broker, ForexTime offers its customers the best services for trading stocks, bonds, commodities and foreign...
  • FX Primus FX Primus is an award-winning international broker that offers more than just forex trading. The firm is established in the Republic of...
  • Founded in 2007, eToro is the world’s leading social trading platform. During its inception, eToro’s founders set out to create an online trading...
  • Trade360 was founded in 2013 as the world’s first ever CrowdTrading platform. Based on the principle of ‘the wisdom of crowds’, the company’s Live...
  • InstaForex Companies Group FOREX is one of the fastest ways for anyone to make money in the trading game, and it boasts numerous advantages over...

Featured Brokers

 

Risk Warning

 

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

Forex Brokers....

About ForexTrading.Company

Forex Trading.Company was established to provide global traders a deep and insightful source of information on forex trading, its key strategies and indicators. With guides for everyone from beginner traders in Bangladesh to advanced strategists in Hong Kong we want the world trading community to benefit from our in-depth broker reviews, features, and commentary. We list the world's top regulated and authorised brokers suitable for a global audience.

We aim to think global, act local with our website, so that whether you're in Asia, Europe or Africa you can gain from our content on the world's biggest market.

About Us & Contact Sitemap