City Index Reviews Read Customer Service Reviews of www cityindex.com

The Nasdaq 100 came close to reaching out 13k target before momentum reversed sharply lower, closing the day with a… EUR/AUD closed lower for five consecutive days last week during a week of volatility and turbulence. Furthermore, Citibank cards cannot be used for funding, and City Index does not accept cash payments directly into their bank account.

System seems to have faults today but more importantly the call centre staff seem unable to understand the problems and how to access client accounts. Worse still the lines keep breaking down .Hopeless – had to email them . We’d be happy to arrange for one our team to contact you to discuss the benefits of our Premium Service, as well as the array of research tools & content that we make available. Have been with City Index for several years and am very pleased. Have just started using the City Index app and it works perfectly which is good news because now I can go out and get some fresh air. Chris Gordon looks after my account and he is always very affable and helpful.

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City Index https://traderoom.info/ deposit and withdrawals via wire transfer, credit/debit card and PayPal. You can manage your account easily through their secure funding portal. I would like to see them include some more online payment processors. Whilst PayPal is the most popular, there other alternatives nowadays such as Skrill and Neteller. Additionally, it would be great if they were to introduce crypto payments but I understand this may not be possible due to regulatory restrictions. City Index do not charge any additional commissions on spread betting markets.

As well as the standard margin close out, there are several trading tools that you can use yourself to ensure that you limit your losses and maximise your profits. City Index offers a GLSO or Guaranteed Stop Loss, which work the same way as standard stop loss only they guarantee to close the trade at the exact point you set. It is less subjective to market volatility than the standard stop loss. This is the highest level available, and members must have made $500,000 in cash deposits during their history with the site. They must also have made 10 significantly sized transactions per quarter over the last for quarters. In addition to the benefits above, the Professional Trader will also enjoy margin rates of 0.25%, a credit facility, rewards and premium events and advanced trading platforms.

The Forex CFDs include Spot and Futures and margins start from 3.33%. City Index offers over 12,000 markets to trade including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, Spread Betting, CFDs & ETFs. It’s less customisable and doesn’t come with as many features as web or desktop versions, but there are several options I really enjoyed. One is the embedded economic calendar, which comes with some advanced filter options. Another is the ‘Platform tips’ option, which provides information about the platform’s functions. Screenshot from Cityindex.comI’d also like to talk briefly about City Index’s customer support.

Deposits And Withdrawals

Once your data is verified, you can start using the platform for trading purposes. Keep in mind that the answers you give during this step will be used to determine whether the platform will be able to open an account for you. The platform will ask you about your employment status, about your financial situation (like your income and savings/investments), and about your planned initial deposit. After ticking the boxes asking if you are interested in either spread betting or CFD trading, move onto entering your address details. Having won Best MT4 Broker at the 2017 UK CFD Awards in addition to many other awards, they look after their client base and encourage sensible trading with access to a wealth of information to assist you. Either choose to start a live chat on desktop or mobile, send them an email with your questions or concerns or pick up the phone and ring a local rate number.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Choose the risk intelligence software used by over 1000 of the world’s largest organizations. Resolver makes it easy to collaborate and collect data from across the enterprise, allowing teams to fully understand their risk landscape and control effectiveness. Understanding your data is one thing; being able to use it to drive vital action.

Trading conditions in the CFD account remain equally appealing. The City Index demo accounts in combination with the abundance of educational content will provide a great training experience for new, as well as intermediate traders. By clicking in the “Training” tab on their website you can take a look at their educational content. City Index offers top-notch trading platforms, including the web trader, the AT Pro, and the City Index App.

You will also be given 10,000 pounds worth of virtual cash which can be used to city index reviews up positions and trade. Fundamental, technical analysis, as well as educational tools, walkthroughs, and live support, are available through every step of a demo trader’s way. Our powerful technology is designed to suit you, whatever your level of trading expertise. Our research portal highlights trade ideas using fundamental and technical analysis.

City Index review

The downloadable desktop platforms available to use with City Index are AT Pro and the hugely popular MetaTrader 4 . Eligible clients are also protected by the Financial Services Compensation Scheme and in the event of liquidation, clients may be entitled to compensation through this scheme. City Index is the brand name of GAIN Capital who are recognized in financial circles around the world, and are also listed on the New York Stock Exchange . In terms of the broker standing in the sector, City Index are one of the cornerstone names in the entire industry, having been around since 1983. Oil prices fell to a 15-month low as investors fretted over the potential for a financial meltdown. Whilst that is yet to fully materialise , investors remain a little on edge – with news of the latest Hindenburg report accusing Block of fraudulent activity not likely to quell fears.

To open an account in the UK you’ll need to deposit at least £100, whilst this rises to $150 for traders in Australia or Singapore. Billion Operating System’s portfolio of platforms offers a world-class trading experience. It is packed with the core characteristics that you need and is grounded in reliability and superior performance. Our proprietary trading platforms offer everything you need to help you drive your trading… City Index has been around since 1983, delivering Spread Betting, FX and CFD Trading services from the heart of London. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

In the UK, City Index is regulated with the Financial Conduct Authority . This is why we consider City Index as low-risk to trade with. City Index UK is forex broker & CFD broker, and their parent company is StoneX Group, which is listed on NASDAQ. On depositing, you will send money directly to the assigned account number and will reflect on your account balance.

MetaTrader 4 web platform lets you trade Forex from any browser or operating system . MetaTrader 4 mobile apps allow you to trade on financial markets using iOS and Android-powered smartphones and tablets. MT4’s comprehensive technical analysis package includes over 50… Middle Eastern office offers no margins or spreads for shares and crypto trading, as that trading doesn’t even exist there. One interesting feature is the fact that you don’t pay an upfront fee for guaranteed stop-losses ; instead, you are charged a fee for this service only if the guaranteed stop loss is triggered. If your City Index account is inactive for at least 12 months or more, City Index will charge a monthly inactivity fee equal to £12.

III.    Meta Trader 4

British traders will be trading under the British-based subsidiary, StoneX Financial Ltd, authorised and regulated by the Financial Conduct Authority . With sections for beginners and more advanced traders, CityIndex’s educational materials are excellent compared to other similar brokers. CityIndex offers an average number of trading tools compared to other similar brokers.

Trading instruments include FX currency pairs, Indices, Global Shares, Global Commodities, Cryptocurrencies including Bitcoin and other markets . It can be a good idea to opt for a trading broker who offers so many different markets and trading instruments in case you wish to branch out and diversify your portfolio in the future. If you like plenty of choice, FP Markets have 10,000+ financial instruments.

Trading CFDs, Spread Bets and Foreign Exchange carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for everyone. Ensure you fully understand the risks involved and seek independent advice if necessary. City Index for its part is fully regulated by the Financial Conduct Authority in the United Kingdom and participates in the FCA’s Financial Services Compensation Scheme. This allows eligible claimants to compensation if City Index cannot meet its financial obligations. City Index withdrawals are free of charge unless a CHAPS payment is required, in which case a £25 fee is assessed for payments under £5000.

Resolver automates workflows and reporting to ensure risk intelligence turns into risk reduction. We are glad to hear that you are enjoying your trading experience with us. Another provision made for improved pricing execution is what City Index calls aggregation of client orders. Under this provision, your orders can be aggregated with other clients’ transactions in City Index’s account.

• Spread betting is ideal for UK-based traders, as it is free of capital gains tax and stamp duty.
• Yes, City Index is a good platform for day trading as they have low spreads, access to a wide range of markets and intra-day trading signals provided by SMART Signals.
• There are six sections, all designed to ensure that you are fully trained in this field.
• With over 4,500 instruments in seven asset classes, City Index definitely provides something for everyone.
• This percentage might look high, but it’s not the case only for City Index.

This account operates on an invitation-only principle and offers priority service, as well as a dedicated manager who will be there to answer all your questions whenever you need him. The minimum deposit that you can make with City Index is $100, which will get you a Trader account. The amount you trade will depend on your margins and which asset you are trading in. There is a choice of platforms available across both desktop and mobile. The proprietary web-based versions are the Advantage Web Online Trading Platform and the AT Pro which is a downloadable version.

• If you’re reading my review, I assume you’re already well aware of the primary differences.
• Plus500 remains a trustworthy broker with a clean regulatory track record since becoming a publicly listed company in the UK.
• Essentially, Trading Central will prove itself useful if you lack technical trading knowledge.
• This platform will give you access to all 13,500 financial markets offered by City Index, allowing you to trade shares, indices, Forex, metals, and commodities.

I don’t know the real reason behind this, I will continue to test their services in the coming weeks, if I am not happy I will move on. Keep up-to-date with all the latest upgrades and features designed to enhance your trading experience. Our current version features best-in-class charting, over 80+ tools and indicators, plus instant financial news from Thomson Reuters. Access 13,500+ global markets via an award-winning spread betting and CFD trading app. Go long and short on the UK 100 from 1pt, EUR/USD from 0.5pts and Oil from 1.5pts. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

Accounts can be opened in a good range of currencies including USD, GBP, EUR, CHF, JPY & NZD. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. The “Premium Trader” account is an invitation only private retail account that comes with a priority service. It also has competitive pricing, negative balance protection with the added benefits of a relationship manager, invitations to premium events and dedicated broker assisted dealing. AT Pro is designed for advanced traders who need more powerful analysis tools with improved speed and efficiency.