City Index Verified Reviews from Actual Traders

City Index Verified Reviews from Actual Traders

I monitor independent data sources as well and it is really annoying to see what happens here and of course you cannot complain with any success…. Experienced PayPal Withdrawal issues on weekends recently despite PayPal should be immediate without human interference….It happened many occasions that you cannot even login to the platform when the market is volatile…. City Index’s web-based platform offers a simple yet powerful interface that is easy to navigate for both beginners and advanced traders. The platform is fully customizable, allowing traders to set up their workspace according to their preferences.

City Index offer a wide-range of trading platforms, both downloadable and web-based. I like the AdvantagePro platform which has unique features across all industry. CityIndex is a trusted market provider, with solid reputation and good service exposure to thousands of markets. City Index provides a broad range of financial instruments, allowing traders to diversify their portfolios and trade various markets.

Prompt reply to settle the issue.

To read more about educational resources and the knowledge base, see the next section. Traders can use the City Index demo account for a limited period only (UK — 12 weeks; AU — 2 weeks; SG — 30 days). One-click trading on mobile can also be enabled in a single tap via the top menu. The one-tap trading functionality works on portable screens, too. Traders can refer to the City Index website for the full list of interest rate spreads.

  • I have checked my account, and everything is in good order now.
  • Copyright © 2025 Forex BrokeragesCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • The broker also adheres to the industry-standard security measures, including encryption technologies for data protection, ensuring that client information and transactions are kept private and secure.
  • You can buy over 4,700 stocks on City Index as a CFD or financial spread bet, however, you can’t trade equity options or invest in physical shares.

Trade Nation Review

City Index is a derivative brokerage firm that offers customers a platform for spread betting and trading forex and Contracts for Difference (CFDs). CFDs allow traders to speculate on asset prices without owning them. City Index is an excellent broker with a lot of longevity in the trading industry. It offers its clients high-tech platforms and a wide range of trading tools. This broker is ideal for new traders, thanks to its excellent educational resources, though all traders, especially experienced ones, will benefit from its award-winning track record.

City Index has been building its operations for decades and over that time it has gained regulatory approval from a range of financial authorities. The City Index app does such an impressive job of carrying over the functionality of the desktop platforms to a handheld device that it won the ‘Best App 2022’ title at the Shares Awards. City Index was founded in 1983 and is regulated by the FCA which means they have to keep client funds safe and segregated from their own money. For UK clients, City Index is also a member of the FSCS (Financial Services Compensation Scheme), which means that, if the company is liquidated, some clients might be compensated up to £85,000.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range https://traderoom.info/city-index-forex-broker/ of other important fee-based data points. MT4 is available for City Index traders – albeit with fewer markets to trade – and MT5 is only available in select regions for City Index clients. Until then, with the discontinuation of AT Pro desktop, algo trading is limited to MetaTrader, which remains the most popular platform globally for automated trading (in addition to TradingView). Our client services team works diligently to provide products and services that will exceed your expectations.

One-Click Trading

The pros and cons of MetaTrader’s MT4 platform are well known thanks to it having served the trading community for more than 20 years. It’s an ideal platform for those wanting to apply technical analysis and charting techniques and opens the door to building your own algorithm-based trading models or using automated trading systems developed by others. Standard Account – Provides access to thousands of global markets via desktop platforms and mobile apps. Comes with the TradingView charting tool known for its impressive software tools and this account has tight spreads and no hidden fees. StoneX specialises the finance and investment sector and clients of City Index benefit from its many years of experience of operating in the global markets.

Account opening is fast and smooth and a wide range of high-quality research tools are available. Broadly speaking the pricing terms offered by City Index are competitive and in line with the peer group. The broker is not a budget operation, and so whilst you might find marginally cheaper trading elsewhere, that would involve foregoing the additional services City Index provides to give your trading an extra competitive edge. The firm has attracted more than 1m clients to its platform and has more than 800 staff. The staff of the Australia office of City Index are based in the heart of Sydney from where the firm has been supporting Australian clients since 2006. The list of 73 stocks available to trade in the pre and post-markets includes leading US shares such as Apple, Microsoft and Nvidia.

The key advantage of spread betting of course is that profits are free of capital gains tax. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. The standard account is suitable for most traders and offers access to the broker’s full range of trading instruments.

Traders can also access Performance Analytics, SMART Signals, Trading Central, Advanced Charts, and alerts to help them. The wealth of educational and analytical resources leads us to conclude that this broker is very suitable for new traders. That’s not to say that experienced traders can’t benefit from this broker, as the tools, high-tech platforms, and other features have a lot to offer professional-level clients. City Index stands out as a well-rounded broker that provides a solid range of trading instruments, robust educational resources, and a user-friendly platform. Its reputation for security and regulation gives traders confidence, while its comprehensive trading tools and account options ensure that it can cater to both beginners and experienced traders alike. While the broker could improve in certain areas like research tools, overall, City Index is an excellent choice for traders looking for reliability and versatility in their trading experience.

We appreciate your review and thank you for trading with City Index. To this end, we are continuously training our staff to provide our customers with a more superior customer experience than they expect. Please reach out to our customer support team with any additional information or feedback you may have that can further improve your experience. For those who prefer to trade on the go, City Index offers a highly rated mobile trading app that is available for both Android and iOS devices.

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