City Index Review 2024 Pros, Cons & More

city index review

You can place and manage trades by using mobile trading applications. The robust City Index Advantage Web platform includes advanced configurable charts as well as a variety of clever trading tools and custom indicators. It uses quick and dependable HTML5 technology to provide a dependable trading experience. You may set up and personalise numerous workplaces and switch between them with a simple click. Smart trade tickets with trade risk management are available on the internet platform. Stops and limit orders can be set in terms of points, profit/loss, or price.

The Customer Service Officer who…

City Index’s demo account lets you trade for 12 weeks with a virtual balance of £10,000 on all the 13,500 markets that are available on the live trading platform. The product can be traded as a CFD or a spread bet utilising any of City Index’s trading platforms, whether desktop or mobile. Overall the City Index trading platform is very intuitive to use and it has a clean, clearly laid out interface making it suitable for beginners who want a simple platform with trading signals. It is also advanced enough for experienced traders executing large orders and needing post-trade analytics or voice brokerage as backup.

city index review

What can you trade?

It is considered a safe and reliable option for traders and investors. Forex traders can gain access to forex markets through spread betting, CFDs and foreign exchange spot transactions. We hope you continue to enjoy using our trading platforms and services. City Index provides customers dedicated 24/5 customer support in over 180 countries. Traders can contact City Index customer service by phone, email, or live chat. The Good Money Guide is a UK-based guide to global trading, investment and currency accounts.

See all City Index’s Commodities Spreads

There’s something for every trader in the training section, regardless of experience level and current trading skills. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading!

Is City Index a good spread betting broker compared to CMC Markets?

It’s 2 weeks now and still no refund but 14 day notice to close account counting down. This is a VERY RISKY company to deal with, not recommended at all. We are so pleased that our customer service team delivered the impeccable https://traderoom.info/city-index-forex-broker/ service we strive for. If you have any questions, please feel free to reach out to our support team by email 3) why does the stop loss is hit but in real the market price did not reach that price in the first place?

  1. This makes them a more favourable choice of broker compared to other brokers who have only been in business a few years and do not have the financial backing or long-term success that City Index has.
  2. Mississippi also has the lowest transportation costs in the nation.
  3. It ranked highly based on an index of prices for a range of goods and services.
  4. Fixed spreads might be offered on certain instruments and in certain trading periods.

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However, average pricing and a limited MetaTrader offering hold City Index back from competing with the best forex brokers. Hawaii’s cost of living index is 193.3, the highest in the nation, meaning the cost of living in the state is almost twice the average. The state is also the most expensive in the U.S. across all metrics except healthcare. Hawaii’s housing costs are three times the national average, with a typical single-family home averaging $730,511.

It incorporates fast and reliable HTML5 technology for a reliable trading experience. You can configure and personalise multiple workspaces with the ability to switch between workspaces in a single click. The online platform has smart trade tickets that include trade risk management. Stops and limit orders can be placed in points, profit/loss or price. The real-time margin calculator can help to keep your trading decisions under control. The platform is easy enough to use for new traders whilst having enough advanced functionality for the more experienced investor.

69% of retail investor accounts lose money when trading CFDs with this provider. City Index is an award-winning, multi-asset financial services provider with over 40 years of experience supporting its clients. City Index is one of the worlds leading providers in spread betting, FX, and CFD trading. Unlike spread betting CFD profits are subject to capital gains tax, so are less popular among UK traders. Historically, City Index would offer CFDs to more professional traders and spread betting to smaller clients.

Although the chat assistant, Krtin, did all he could to assist, my query was left unanswered. Instead, I was asked to forward some images to the Finance department to perform some manual entries to try and resolve my issue. The other 1 star deduction is for the manner in which the chat went about. I wasn’t sure if Krtin was still at the other end of the line on a few occasions when I just needed a yes or no reply. I had to enter « Hello » (are you there?) to get some inkling that my chat was listened to.

city index review

These regulating bodies are the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). City Index is also regulated to trade in the United Arab Emirates under their FCA license. Here are some frequently asked questions that traders and to-be traders often ask about City Index.

Overall, City Index are a very professional and well-established trading broker that is regulated in multiple jurisdictions and cover a huge range of trading instruments across multiple markets. They offer some of the most advanced trading platforms and tools whilst having an abundance of educational materials for traders of all experience levels. The account types offered are flexible enough to suit each individual trader needs, whilst the spreads are very competitive, execution speeds fast and customer support excellent. I personally consider them to be amongst the best brokers and wouldn’t hesitate to use them for my daily trading activities. City Index are an award-winning broker who are regulated in multiple jurisdictions, offering you an excellent range of trading instruments across various asset classes, including CFDs on Forex, Stocks and Cryptos.

The key advantage of spread betting of course is that profits are free of capital gains tax. I would add reliable, too – technical issues seem rare these days. Must be mindful though that the product itself is high risk and there is the possibility of losing all your capital and more, on the other hand, potential gains can be considerable.

Unable to log in to tradingview, metatrader, browser or mobile app. Funny that, I then went into drawdown and the trade was https://traderoom.info/ available to close. The mobile version is absolutely horrendoes, worst development on a trading app I have ever used.

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