City Index empowers traders with access to over 13,500 global markets, including forex, shares, indices, commodities, bonds, and options. Backed by competitive pricing, lightning-fast execution, and intelligent trading tools, this platform offers a seamless experience across web and mobile, catering to both beginners and experienced investors. City Index is an excellent broker with a lot of longevity in the trading https://traderoom.info/city-index-forex-broker/ 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.

However, as with many financial services providers, there are certain geographic restrictions due to regulatory and compliance reasons. In this section, we will discuss the countries where City Index is available and where it may be restricted. City Index offers an extensive range of tradable instruments, enabling you to diversify your portfolio across a wide variety of global markets. Whether you’re interested in forex, indices, commodities, shares, or more, City Index gives you access to over 13,500 global markets with competitive pricing and powerful trading platforms. In this section, we’ll explore all the key instruments you can trade with City Index. City Index is a well-known global broker with 40+ years in the markets.

TrioMarkets is a reliable and well-regulated Forex broker known for its competitive trading fees. They provide a user-friendly social copy trading platform, excellent customer There’s no set minimum deposit, offering flexibility for traders at all experience levels to begin trading. Traders can access more than 13,500 global markets, including forex, shares, indices, commodities, bonds, and options.

Earnings Tax Forms and Documents

The program was broadcast on City Index’s official website and distributed via YouTube. The first season concluded with trainee London black-cab driver John Walsh declared winner after achieving a return on investment of 23.6%. In our City Index video review we test the platform with real money, put some trades on and highlight some of the broker’s unique features.

• City Index is an excellent fit for new and mid-level traders seeking excellent research, solid education, reliable customer service, and a broad range of competitively-priced markets.
• With competitive leverage and tight spreads, traders can access various markets to suit their strategies and risk profiles.
• The platform also provides a comprehensive help center with resources for account and trading queries.
• Investment bank Dresdner Kleinwort Wasserstein subsequently purchased approximately 80% of Cyprotex’s shares, allegedly covering City Index’s risk exposure, which artificially inflated the share price.
• With competitive spreads, rapid execution, and intelligent trading tools, it delivers a seamless experience on both web and mobile platforms for traders of all skill levels.
• These include regular audits, anti-money laundering measures, and the supervision of electronic trading systems.

Can I integrate TradingView with City Index?

Step-by-step lessons, a rich glossary, webinars, and a risk-free demo account provide an ideal environment for traders to enhance skills at their own pace. City Index delivers extensive market coverage and advanced tools, making it ideal for traders seeking variety and reliability. Zero market data fees, fast execution, and intelligent analytics create a streamlined environment for both casual and professional investors. City Index does not charge any fees for market data, regardless of the instrument.

They offer a wide range of educational resources designed to help you understand the complexities of the financial markets and trading strategies. Whether you are just getting started or looking to refine your trading techniques, City Index has the tools and resources you need to succeed in the competitive world of online trading. If you’re a new customer opening an account with City Index, you may be eligible for a Welcome Bonus. This bonus is typically offered to help you get started with trading by providing additional capital to trade on the platform. The Welcome Bonus can be used to trade across any of City Index’s available markets, including forex, commodities, shares, and indices.

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Options give traders just that—an option—to buy or sell an underlying asset at an agreed-upon price on a certain date. No minimum deposit is needed to open an account in the United Kingdom, but clients from two other supported jurisdictions, Australia and Singapore, will have to deposit at least $150. Also, £12 monthly fee is charged to accounts with no activity for one year or longer.

Dear Yosi, We are happy to hear that our team provided you with excellent service. Very helpful attentive staff and support team.Top class information and service.Always very helpful. In 2011, day trader Barnett Alexander exploited a technical loophole in City Index’s spread betting platform, generating profits of around £630,000. In November 2014, GAIN Capital, owner of Forex.com, acquired City Index for approximately $118 million.

What is the minimum deposit required to start trading?

Its trading solutions are available in multiple regulated jurisdictions, offering seamless access to global markets for traders of all levels. Yes, City Index provides a mobile trading app for both iOS and Android, allowing users to trade on the go with full access to platform tools and market data. City Index offers a range of resources, including webinars, platform walkthroughs, trading guides, and market insights, to help traders of all levels improve their skills. For those looking for a more flexible way to trade, City Index offers Contracts for Difference (CFDs) across a wide range of markets including forex, shares, indices, and commodities.

The City Index range of markets includes the ability to trade up to 13,500 global markets, including commodities, forex, share CFDs,  indices and more. Minimum and average spreads are fairly competitive, at 0.70 pips minimum and 0.80 pips typical for the EUR/USD currency pair. Indexes list a 0.40 minimum spread on S&P 500 CFD and spread bets, but the broker does not disclose an average spread. Disclosures on many other markets are also limited to minimum spreads or real-time bid/ask spreads. Lastly, Professional clients trade with lower margin rates.

In October 2009, it launched the City Trading app, the first spread betting and CFD mobile platform for the iPhone, later expanding to Android and BlackBerry. Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues. Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. Verdict, overall, a great all-round platform that is backed by one of the largest financial institutions in the world.

• This makes it important to understand instrument-specific pricing before executing trades.
• City Index is a global leader in multi-asset trading with a 40-year legacy.
• For immediate assistance, we recommend that you contact us by phone.
• Dear Matthew, We are incredibly grateful that you took the time out to share your feedback with us.

Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. City Index makes money through charging commissions (either added to CFD trades or built into the spreads of financial spread bets). Other revenue streams include overnight financing charges, where City Index levies extra interest on top of what it lends you to trade on leverage. City Index has its own trading platform called Web Trader but also offers trading via their mobile app, TradingView and MT4. City Index offer spread betting and CFD trading on forex, indices, shares and fixed-income products.

No, City Index does not charge any market data fees, regardless of the instrument you trade. This feature, along with their price improvement guarantee, ensures competitive pricing and improved value for active and professional traders alike. Web Trader is ideal for new traders due to its intuitive interface, built-in Reuters news, and Performance Analytics.

For instance, there may be special offers during the holidays or major financial events such as earnings seasons or market milestones. Commodities trading is a key offering at City Index, with access to a variety of key resources including gold, silver, oil, and other energy commodities. You can trade commodities in the form of futures contracts or through the spot market, depending on your preference and strategy. These assets are ideal for traders looking to diversify their portfolios or hedge against economic uncertainty. The platform provides advanced security protocols to safeguard client data, utilizing encryption and firewalls for added protection.

Benefits of Public Service

If you are a beginner, you will find a wealth of educational resources at City Index, and the user-friendly platforms will be easy to become familiar with. Advanced traders, meanwhile, can open a professional account and take advantage of higher leverage and the broker’s sophisticated trading tools. City Index is an excellent fit for new and mid-level traders seeking excellent research, solid education, reliable customer service, and a broad range of competitively-priced markets. The StoneX connection goes a long way in building trust, while the broker’s history and London location will instill confidence. Full-time and professional traders may be forced to look elsewhere due to uncompetitive volume and margin discounts, and lack of advanced functionality such as connectivity through VPS and API interfaces. City Index has an impressive catalog of over 13,500 tradable products across forex, CFDs, and spread bets, as well as options on indexes, shares, commodities, metals, bonds, and interest rates.

The apps integrate TradingView for charting, allowing users to take full advantage of its advanced charting capabilities and extensive technical analysis tools. The order interface looks identical to the web programs, allowing adequate risk management while on-the-go. City Index offers guaranteed stop-loss protection for a premium, as well as a sophisticated set of conditional orders within their trading platforms. Oddly, the firm’s small Singapore branch utilizes two-factor authentication for added security, but this useful feature isn’t listed on the U.K. Like most European CFD brokers, the broker acts primarily as a market maker, raising some conflict of interest issues. Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading.