Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Our comprehensive review of City Index shows that it is a great option for both forex and CFD trading. Thanks to its robust offerings and sterling reputation, we believe it stands out as a competitive choice for traders. Many reviews praise its responsive support and fast payouts, though others identify platform instability and occasional login or withdrawal issues. Trust scores hover around average, suggesting a well‑known broker with both strengths and areas to improve.
Technical and Fundamental Portal (Trading Central)
- This functionality is invaluable if you want to execute strategies around the clock without manual intervention.
- City Index’s trading tools include high-tech trading platforms like WebTrader and MetaTrader 4 (used by millions of traders around the world).
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- This division of City Index serves all clients in Australia and New Zealand.
- However, we do have multiple different types of helpful indicators that would give you a clear and meaningful analysis to help you make better trading decisions.
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. The broker gives traders access to over 12,000 markets across forex, cryptocurrency, stocks, indices, options, bonds, spread betting, ETFs, metals, energies, and other commodities. A leveraged account allows you to trade with a margin of the funds deposited into your trading account. Margin requirement is the minimum amount of funds required to open a trade.
City Index’s spread start at 0.5 for EUR/USD pairs, and you can trade major indices with spreads starting from 0.3 points. 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. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
City Index supports multiple deposit methods, including bank wire transfers, Visa and Mastercard credit/debit cards, and PayPal. And certain other regions, PayPal is available with a minimum deposit threshold, typically set at £500. City Index offers a flexible minimum deposit structure that varies by region and payment method. Clients, there’s no fixed minimum deposit requirement to open a Standard or MT4 account, although a recommended deposit of £100 is suggested to meet margin requirements.
- From my experience, the support team provides prompt and relevant assistance, with live chat connecting almost instantly.
- All content on this site is for informational purposes only and does not constitute financial advice.
- Increasing the availability of multilingual support would cater to a more diverse client base, enhancing accessibility for non-English speakers.
- Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
- We’re sorry to hear about your recent experience with your withdrawals.
We now await „IT divisions“ opinion on the issue I have with the chart stalling. I recommend ZENTRI ~ COUPS; they are the real deal, and I got my money back. Next, click ‘buy’ if you think the price of the instrument you’re trading will rise in value or ‘sell’ if you think it will drop in value. Once you have decided whether to buy or sell, select your stake size. For example, if you stake £10, you will win or lose £10 for every point the instrument rises or drops in your favour.
Does City Index offer a demo account?
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). Please feel free to reach out to our customer support team with any additional information or feedback you may have that can further improve your experience. City Index offers a substantial range of markets with 84 forex pairs and 13,500 tradeable symbols, significantly higher than the industry average of 3,623 symbols. Some users report chart mismatches and execution quirks compared with other providers.
Which City Index platform is best for new traders?
We may receive compensation from our partners for placement of their products or services, which helps to maintain our site. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. City Index is a well-respected broker that is currently regulated in eight different countries around the world, including FCA, MAS, CySEC and others.
Account Information
With competitive city index review leverage and tight spreads, traders can access various markets to suit their strategies and risk profiles. City Index provides several account types to cater to the needs of different traders. These accounts come with varying features to suit both beginners and experienced traders, each providing access to a wide range of markets and trading tools. The well-designed, intuitive interface is packed with features such as multiple chart types, 14 time intervals, advanced drawing tools, and one-click trading directly from charts. The platform also offers Performance Analytics, designed to help traders set up a trading plan, track their executions, and review trades.
The minimum withdrawal required is $50.00 and the maximum allowed is $20,000. Again, wire transfers seem to be the slowest option while credit/debit cards process much faster. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. City Index’s best execution policy ensures that all trades at City Index are executed as quickly as possible.
FP Markets
TradingView offers sophisticated charting tools, technical analysis capabilities, and one of the world’s largest social trading communities where you can share and discover trade ideas. City Index’s demo accounts are excellent for experiencing the broker’s two trading environments without risking real money. City Index is a spread betting, forex, and CFD trading provider, based in the UK. It’s a leading broker that has operated on the trading market since 1983. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
AT Pro is intended for advanced traders who want more powerful analytical tools that are faster and more efficient. It has a completely customizable layout, allowing you to create your own customised trade templates or select from hundreds of pre-built trading templates. We are continually working on providing the best of our service to all our customers and we are open to all comments and suggestions. If you think there are any features that the app is lacking, we encourage you to share your thoughts and email us at All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
City Index offers a variety of courses—from foundational lessons about financial markets and leverage, to advanced strategies involving patterns and indicators. The structured content helps traders progress naturally from beginner to expert, with useful guides and practical tools to apply concepts in real trading. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Dozens of trading ideas and opportunities utilizing diverse market approaches are offered on the platform.
IC Markets Global
He has a Masters and Commerce degree and has an active role in the fintech community. This set of common questions will provide answers and solutions for most issues. When more rigorous support is needed, however, City Index’s staff is there to help. Spreads start from 80 points but given the highly volatile nature of the cryptocurrency markets, they can fluctuate quite largely and rapidly. However, an overseas bank account will require an international bank transfer which may take longer with an extended transfer period. Despite its relatively modest search visibility, City Index has established a significant operational footprint, serving over 1 million customers globally and employing approximately 800 staff members.
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