City Index Review
5.0/5

City Index Review

City Index is a one of the world’s leading trading brokers offering over 12,000 markets to over 150,000 traders worldwide. They have over 35 years of experience with fast and reliable trade execution speeds, award winning platforms and technology on multiple devices.
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City Index Review, Pros & Cons

City Index is a one of many world’s main brokers providing over 12,000 markets to over 150,000 merchants worldwide. They have over 35 years of expertise with quick and dependable commerce execution speeds, award successful platforms and expertise on a number of units.

Pros
  • MT4 platform for web, desktop & mobile devices
  • PAMM accounts
  • Various account types for different trader needs
  • Flexible payment options
  • Strict regulation
  • Tight spreads, low charges & quick execution speeds
  • Negative stability safety
  • Advanced buying and selling platforms & massive collection of buying and selling instruments
  • Trading Central analysis device
  • Expert market evaluation
  • Real-time monetary information from Reuters
  • Trading alerts
  • Dedicated consumer relationship supervisor
  • Educational buying and selling academy
  • Cons
  • No US purchasers
  • Limited deposit / withdrawal strategies
  • No fastened spreads
  • In this detailed City Index evaluate, our on-line dealer analysis workforce have coated a number of the most vital facets so that you can contemplate when selecting the very best dealer in your on-line buying and selling wants.

    City Index Review

    City Index is a one of many world’s main brokers providing over 12,000 markets to over 150,000 merchants worldwide. They have over 35 years of expertise with quick and dependable commerce execution speeds, award successful platforms and expertise on a number of units.

    City Index Overview

    City Index is a one of many world’s main brokers, established in 1983 and headquartered within the UK with over 150,000 merchants worldwide utilizing their providers. They have over 35 years of expertise with quick and dependable commerce execution speeds, award successful platforms and expertise throughout a number of units. They supply over 12,000 markets to commerce together with Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, Spread Betting, CFDs & ETFs.

    City Index are dedicated to providing {industry} main buying and selling providers with truthful and clear pricing, threat administration, wonderful buyer assist, while giving purchasers peace of thoughts by being authorised and controlled by the Financial Conduct Authority (FCA). They have strict regulation in 8 jurisdictions throughout the globe. This helps to make sure merchants that they’re buying and selling with a trusted and dependable dealer.

    • Min: $100 Deposit
    • Regulated: CySEC, FCA, BaFin, ACPR, CONSOB, CNMV
    • Country: United Kingdom, Cyprus
    • Operating Since: 2016
    • Type: ECN, STP
    • Platforms: MetaTrader 4, cTrader, FIX API, Web, Mobile
    • Type: ECN, STP

    City Index Regulation

    City Index is taken into account by many as a secure and safe buying and selling dealer with the assets to proceed providing progressive and {industry} main buying and selling requirements. This makes them a extra beneficial selection of dealer in comparison with different brokers who’ve solely been in enterprise just a few years and would not have the monetary backing or long-term success that City Index has.

    They have nice monetary energy with a confirmed observe report of delivering superior buying and selling situations to merchants worldwide. Financial outcomes are publicly out there with full transparency. Forex.com is one other buying and selling dealer underneath the identical umbrella which additional emphasises the dimensions of the corporate. Please check with our Forex.com evaluate for extra info.

    City Index have gained quite a few awards together with greatest Spread Betting Provider 2019 from the Online Personal Wealth Awards, greatest CFD Provider, greatest Mobile software, and greatest Cryptocurrency Trading Platform on the Online Personal Wealth Awards 2018. They have additionally gained “Best MT4 Broker” on the UK Forex Awards 2017.

    City Index are regulated in a formidable 8 jurisdictions. City Index is a buying and selling title of StoneX Financial Ltd. StoneX Financial Ltd is an organization registered in England and Wales. StoneX Financial Ltd is authorised and controlled by the Financial Conduct Authority (FCA).

    They are additionally regulated by the well-respected Australian Securities and Investment Commission (ASIC) and Monetary Authority of Singapore (MAS).

    Using a strictly regulated buying and selling dealer helps to make sure safety of consumer’s funds. City Index maintain consumer funds in accordance with regulators consumer cash guidelines. Client’s cash is protected by being held in segregated top-tier financial institution accounts, separate from their very own.

    City Index purchasers are additionally protected by the Financial Services Compensation Scheme (FSCS) and within the occasion of liquidation, purchasers could also be entitled to compensation of as much as £85,000 by this scheme.

    City Index Countries

    City Index settle for merchants from all internationally, excluding USA, Canada, Afghanistan, Angola, Belarus, Belgium, Burundi, Central African Republic, Chad, Congo, Cote D’Ivoire, Cuba, Equatorial Guinea, Eritrea, Guinea, France, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Israel, North Korea, Lebanon, Liberia, Libya, Myanmar, New Zealand, Nigeria, Sierra Leone, Somalia, Sudan, Syria, Turkmenistan, Uzbekistan, Venezuela, Western Sahara, Yemen, Zimbabwe.

    If you’re situated in one of many above international locations, you could want to contemplate one other buying and selling dealer supplier similar to Forex.com. They settle for merchants from throughout the globe, excluding Singapore, New Zealand, Belarus, Iran, Yemen and a few international locations from the OFAC record.

    Some City Index dealer options and merchandise talked about inside this City Index evaluate might not be out there to merchants from particular international locations as a consequence of authorized restrictions.

    City Index Platforms

    City Index present merchants with quick, versatile, dependable, award-winning buying and selling platforms and expertise throughout a number of units, together with desktop, internet and cell. There is a platform for all types and expertise ranges of merchants.

    The City Index buying and selling platforms might be customised to swimsuit particular person merchants wants with over 16 chart sorts, actual time information from Reuters built-in and 80+ technical indicators to help you together with your market evaluation. Users can allow one click on buying and selling and set most slippage on orders.

    Web Trader Platform

    The highly effective City Index Advantage Web platform options superior customisable charts with a spread of clever buying and selling instruments and {custom} indicators. It incorporates quick and dependable HTML5 expertise for a dependable buying and selling expertise. You can configure and personalise a number of workspaces with the flexibility to modify between workspaces in a single click on. The on-line platform has good commerce tickets that embrace commerce threat administration. Stops and restrict orders might be positioned in factors, revenue/loss or value. This offers a extra handy methodology to switch orders. The real-time margin calculator will help to maintain your buying and selling selections underneath management. The platform is straightforward sufficient to make use of for brand spanking new merchants while having sufficient superior performance for the extra skilled investor.

    The internet dealer platform key options embrace:

    • Powerful HTML5 expertise: Fast and dependable HTML5 expertise powers optimum efficiency
    • Fully Customisable Platform: Switch between a number of personalised workspaces for final flexibility
    • Intelligent Trading Tools: Smarter commerce tickets with superior threat administration choices
    • New Advanced Charts: Trade by charts with {custom} indicators and precision drawing instruments

    Mobile Trading Apps

    City Index supply cell buying and selling apps for iOS and Android in an effort to entry your account wherever you’re on the planet at any time, out of your smartphone or pill. These apps present safe 24-hour account entry, dwell charts and pricing with inbuilt Reuters information feed and financial calendar. Using the cell buying and selling apps, you possibly can place and handle orders on the go.

    The cell buying and selling platform key options embrace:

    • Trade anytime, anyplace: Trade throughout a number of units, open in your desktop, shut in your smartphone or pill
    • Live TradingView charts: Plan your subsequent commerce with full-screen TradingView charts and a spread of 60+ technical indicators
    • Reuters information: Receive the newest world funding information from Reuters within the app
    • Trade throughout units: Trade on desktop, shut on cell or pill.  City Index accounts work on a number of units
    • Personalised watchlists: Create and amend a number of watchlists, to control your chosen markets
    • Economic calendar: Keep up-to-date with market occasions with the worldwide financial calendar
    • Device syncing: All your account particulars, historical past and preferences are synced between units
    • Live chat: Speak on to City Index’s customer support workforce immediately by dwell chat

    Desktop Trading Platforms

    The downloadable desktop platforms out there to make use of with City Index are AT Pro and the massively common MetaTrader 4 (MT4).

    AT Pro Trading Platform

    AT Pro is designed for superior merchants who want extra highly effective evaluation instruments with improved pace and effectivity. It features a totally customisable format in an effort to construct your individual personalised buying and selling templates in C#, .NET and Visual Basic or select from the a whole bunch of pre-built buying and selling templates.

    AT Pro has a complicated charting package deal with over 100+ indicators and an enormous vary of drawing instruments in your market evaluation. There is a again testing excel device that means that you can take a look at buying and selling alerts efficiency over historic information. It additionally has a customisable financial calendar, real-time information from Reuters and evaluation portal that mechanically scans the markets for chart patterns based mostly on technical and basic evaluation. This can save time from manually researching the market and current potential buying and selling alternatives.

    The AT Pro buying and selling platform key options embrace:

    • Powerful charts
    • 100+ technical indicators
    • Deal by charts
    • Multiple chart sorts
    • Multiple timeframes
    • Extensive drawing instruments
    • Customisable charts
    • Economic calendar
    • Real-time information from Reuters
    • Technical and basic evaluation portal

    AT Pro Trading Signals

    • Trading alerts: Trading alerts immediately show potential commerce entry and exit factors on charts for better accuracy
    • Choice of templates: Choose from over 100 free templates and customise them based mostly in your necessities
    • Create your individual: Create your individual distinctive buying and selling templates in C#, .NET and Visual Basic with AT Pro’s Development Studio
    • Back testing: Use the free back-testing excel device to see how commerce alerts have carried out towards historic information

    MetaTrader 4 Trading Platform

    The MetaTrader 4 (MT4) buying and selling platform is accessible with a variety of inbuilt options that are additional enhanced by City Index’s service, assist and pricing. Developed by Russian software program firm MetaQuotes, MT4 is probably essentially the most extensively used buying and selling platform and thought of by many as essentially the most person pleasant. It has a fast studying curve making it a pretty proposition to new merchants while having sufficient superior performance for the extra seasoned dealer.

    Through MT4 you possibly can conduct a spread of thorough technical and basic chart evaluation utilizing the quite a few indicators that it incorporates, create your individual {custom} indicators, automated buying and selling methods often known as skilled advisors (EAs) and way more. In addition to the a whole bunch of inbuilt instruments, you possibly can obtain 1000’s of free customised indicators, scripts and EAs. There can be a big on-line MetaTrader group the place customers from across the phrase share buying and selling instruments, methods and alerts.

    When you commerce foreign exchange and different markets with the City Index MT4 platform you possibly can profit from ultra-tight spreads, quick commerce executions and distinctive buying and selling instruments. MT4 is supplied without cost on Windows, Android and iOS platforms. You can commerce immediately by your MT4 account on all platforms.

    The MT4 buying and selling platform key options embrace:

    • MT4 is without doubt one of the hottest Forex buying and selling platforms globally
    • Real time bid/ask quotes out there watch window
    • Hundreds of inbuilt indicators, scripts and drawing instruments for detailed chart evaluation
    • Fully automated buying and selling supported with skilled advisors (EAs)
    • Strategy tester to again take a look at EAs over historic information
    • Create or obtain customised instruments together with indicators and EAs
    • Multiple timeframes, chart types and order sorts
    • Save and cargo buying and selling technique templates
    • Fully customisable interface to fit your buying and selling model
    • Vast on-line group to share concepts with
    • Access a number of platforms with one buying and selling account
    • Alert notification through electronic mail, SMS and platform pop-ups
    • Suitable for merchants of all expertise ranges

    City Index Trading Tools

    City Index present a spread of instruments to encourage merchants to enhance their buying and selling abilities and data. These instruments embrace a collection of order execution sorts, market intelligence and a strong analysis portal that can assist you determine potential buying and selling alternatives.

    • Research Portal

    The City Index technical evaluation analysis portal, powered by Trading Central, will prevent time by scanning the markets for chart patterns and commerce setups. The basic inventory analyser reveals if a inventory is taken into account overbought or oversold at a look.

    • Trading Strategies

    The AT Pro platform has a whole bunch of buying and selling methods inbuilt that can be utilized for buying and selling alerts to go with your individual buying and selling plan. Strategies embrace transferring averages cross system, Heikin-Ashi candlesticks reversal system and a MACD quick line/sign line cross system.

    • Reuters Financial News

    Real-time monetary information from Reuters offers you with information and market stories immediately into all buying and selling platforms and apps. This is an effective way to maintain updated with the newest market information and to help with basic evaluation.

    • Economic Calendar

    The City Index financial calendar is totally customisable and will help to point out the doable affect of key information releases to assist plan your buying and selling methods round.

    • Expert Market Analysis

    City Index have a worldwide analysis workforce that gives skilled market evaluation to assist forecast potential market actions and buying and selling alternatives.

    City Index Education

    Whatever your degree of buying and selling expertise is, City Index present a considerable amount of instructional materials to assist enhance your buying and selling data and abilities. This consists of instructional movies, articles, webinars, tutorials, and sensible examples of buying and selling subjects.

    There is a City Index buying and selling academy with buying and selling guides protecting every part from an introduction to the totally different monetary markets to buying and selling methods and chart evaluation. You can discover ways to use a buying and selling technique, how one can analyse the charts utilizing technical and basic evaluation, how one can apply threat administration to your trades and way more.

    You also can carry on prime of the newest market information with City Index’s skilled evaluation. They even present purchasers with an skilled relationship supervisor for perception and buying and selling assist.

    City Index Instruments

    Through City Index, you possibly can commerce on over 12,000 world markets with a Spread Betting, CFD Trading or MT4 account. Trading devices embrace over 80+ FX foreign money pairs, 20+ Indices, 4,500+ Global Shares, 25+ Global Commodities, Cryptocurrencies together with Bitcoin and different markets (Bonds, Options, and so on). It might be a good suggestion to go for a buying and selling dealer who presents so many various markets and buying and selling devices in case you want to department out and diversify your portfolio sooner or later.

    City Index Accounts & Fees

    City Index supply a collection of totally different buying and selling accounts that permit for quick, simple funds and safe withdrawals. If you’re primarily seeking to commerce foreign money pairs, the Spread Betting and CFD accounts gives you full entry to their FX vary with spreads from simply 0.5 factors. City Index accounts are likely to have tight spreads, low margin necessities and quick commerce execution speeds. Minimum deposit begins from $100.

    City Index don’t cost any further commissions on unfold betting markets. They additionally don’t cost commissions on CFD or FX markets, apart from CFD equities.

    Each City Index account gives you entry to all buying and selling devices though to make use of the AT Pro buying and selling platform, the skilled dealer account is required. There is an inactivity charge to concentrate on if you don’t use your account.

    City Index additionally present customers with demo accounts if you need to check the totally different buying and selling platforms and situations earlier than opening an actual account. Do remember the fact that components similar to slippage and spreads can fluctuate from demo to actual accounts.

    • Trader Account

    The “Trader” account is aimed in direction of each new and skilled retail merchants, providing aggressive pricing, 24-hour buying and selling assist, award successful platforms, information, evaluation, training and extra. This account features a threat administration function with unfavorable stability safety so that you just by no means lose greater than you deposit and margin close-out as normal.

    • Premium Trader

    The “Premium Trader” account is an invite solely non-public retail account that comes with a precedence service. It additionally has aggressive pricing, unfavorable stability safety with the added advantages of a relationship supervisor, invites to premium occasions and devoted dealer assisted dealing.

    • Professional Trader

    The extra skilled merchants who meet sure standards can apply for the “Professional Trader” account. To qualify as an expert dealer, you would wish to have made a big quantity of transactions over the previous yr, have a big portfolio and work expertise throughout the monetary sector.

    This account consists of elevated leverage, month-to-month money rebates on FX and Indices trades, a credit score facility and broker-assisted dealing, decrease margin charges, rewards and premium occasions in addition to a devoted consumer relationship supervisor. It is price noting that there isn’t any unfavorable stability safety on this account.

    • City Index Account Types

    As dealer charges can fluctuate and alter, there could also be further charges that aren’t listed on this City Index evaluate. It is crucial to make sure that you verify and perceive all the newest info earlier than you open a City Index dealer account for on-line buying and selling.

    • City Index Support

    City Index have some FAQs for assist and assist while the consumer providers workforce can be found 24 hours a day, 5 days per week to reply any explicit questions that you could have. Support is accessible through on-line chat, cellphone or electronic mail. They supply purchasers introduction calls, ongoing assist and month-to-month newsletters.

    • City Index Deposit & Withdrawal

    City Index present deposit and withdrawals through wire switch and bank card. These are restricted choices and might not be appropriate for many who favor to make use of on-line fee processors similar to PayPal, Skrill, Netteller, and so on. These processors might be sooner and extra handy to some customers. You can handle your account simply by their safe funding portal.

    Fees could also be charged when utilizing sure fee strategies. Bank transfers can take just a few enterprise days to clear. Accounts might be opened in USD, GBP, EUR, CHF, JPY & NZD. The varied totally different foreign money choices are helpful as foreign money conversion charges don’t apply when utilizing an account in your individual foreign money.

    • City Index Account Opening

    It is fast and simple to use for an account at City Index. You merely select the account kind that you just require and full a brief on-line type. Once that’s finished, you have to confirm your electronic mail and add proof of identification and handle. After they’ve been acquired and authorised, you possibly can then fund your account and start buying and selling.

    City Index Summary

    City Index is a really sturdy and well-established buying and selling dealer that covers an enormous vary of buying and selling devices throughout a number of markets. They supply a number of the most superior buying and selling platforms and instruments while having an abundance of instructional materials. The account sorts supplied are versatile sufficient to swimsuit every particular person dealer wants, while the spreads are very aggressive. Regulation can be very sturdy though the account funding and withdrawal choices are restricted.

    CFDs are complicated devices and include a excessive threat of dropping cash quickly as a consequence of leverage. 73% of retail investor accounts lose cash when buying and selling CFDs with this supplier. You ought to contemplate whether or not you perceive how CFDs work and whether or not you possibly can afford to take the excessive threat of dropping your cash.

    City Index Review Details

    Comissions
    Regulation
    Exchange
    Trading
    5.0
    Price & Leverage
    5.0
    Trading Options & Tools
    5.0
    Comisions & Payment options
    5.0
    Customer Support
    5.0 Overall Rating
    City Index Review
    5.0 rating
    5.0/5
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