City Index: Review & Trader Feedback of the UK Platform Min. deposit £/$100 (varies by location) Website address https://www.cityindex.co.uk/ Demo account Yes Currency CZK Supported languages Eng Active Yes Payment Methods BPAYCredit CardDebit CardMastercardPayIDPayNowPayPalVisaWire Transfer Instruments CFDForexOptionsSpreadbettingStocks Min. trade price 0.01 Lots Regulated By ASICFCAMAS MetaTrader 4 Yes MetaTrader 5 No cTrader No OmniTrader No AlgoTrader No TradingView Yes Trading Central Yes Autochartist No eSignal No STP Account No ECN Account No DMA Account Yes MAM Account No PAMM Account No LAMM Account No Demat Account No Mobile Apps Yes Margin Trading No Volatility Index No Spot Trading Yes Perpetual Swaps No ELWs No REITs No AI / Machine Learning No Robo Advisor No P2P Trading No Negative Balance Protection Yes VPS Hosting No Tournaments No Demo Competitions No Managed Accounts No Market Maker No Auto Trading No Social Trading No Copy Trading No Trade Signals No Islamic Account No Guaranteed Stop Loss Yes Stock Exchanges S&P 500Shenzhen Stock Exchange Commodities CannabisCopperGoldIronLivestockNatural GasNickelOilOrange JuicePlatinumSilverSoybeans Forex Trading Yes Forex GBPUSD Spread 0.8 Forex EURUSD Spread 0.5 Forex EURGBP Spread 0.8 Crypto Lending No Crypto Staking No Crypto Mining No Crypto Auto Market Maker No Ladder Options No Boundary Options No Show all >>* The amount that will be credited to the account in the case of a successful deal*General Risk Warning: Your capital might be at riskMin. deposit100$Min. trade price1$Website addresshttps://www.cityindex.co.uk/Profitability80%*Demo accountNoCurrencyCZKSupported languagesEngActiveYes * The amount that will be credited to the account in the case of a successful deal Tobi Opeyemi Amure Author Hannah Jones Editor 7 min read Published: October 19, 2018 Updated: December 27, 2022 Views: 230Content More Details on City Index User Security City Index Regulatory Bodies City Index Training Characteristics and Key Indicators Of City Index Frequently Asked Questions (FAQs)The vast majority of brokers began to operate on the global financial markets in the early 2000s – or in some cases, even the late 1990s. How many companies can boast that as far back as the 1980s, they provided financial services to investors, managers, consultants, and individuals?Among those ‘veterans’ is the City Index brokerage, which has become a favorite with both novice and professional traders and investors.Established in 1983, the company successfully offers CFDs, indices, shares, and options in forex, cryptocurrency, along with other services. It’s one of the first exchanges in the UK to provide trading of financial instruments, and it has since grown into the US and Australian markets. City Index essentially allows traders to profit by betting on the changing values of financial instruments.In 2014, City Index was acquired by GAIN Capital Holdings Inc. (NYSE: GCAP), a US-based company that is City Index’s parent company and is backed by StoneX (NASDAQ: SNEX).Special Note: CFDs are complex instruments which run high risks of losses due to leverage. An astonishing 75% of retail investor accounts globally lose money through CFD trading with this provider, so it’s important to be sure in your understanding of how it works and weigh the potential risks.More Details on City Index City Index has established itself as a key player in the trading arena with its giant platform and impressive provision of CFD contracts.CFD stands for Contract For Difference, which allows investors to trade the difference between an asset’s open and closing price (or price change) without owning the underlying assets.However, it is hard to determine the candor of such a claim without professional expertise. The global financial market is constantly evolving, with the entrance of new participants and the fallout of others due to bankruptcy. However, superficial research on City Index indicates that the firm is among the most robust trading platforms globally.Further reading How Сan Binary Options Brokers Cheat You? The Story Behind the MBA Forex Scam and Closure Moon Bitcoins Review 2023 (Legit Or Scam) Trader’s profitability Calculator Cryptocurrency trading and binary options Is Quotex a scam? Read this before trying the broker in 2023 User Security“Privacy – like eating and breathing – is one of life’s basic requirements,” to quote Katherine Neville. This is a mantra at City Index. City Index prioritizes users’ security at every tier of their services, operating transparently to increase trust in the eyes of their customers. There are a series of features developed to ensure they keep customer security in mind.The City Index trading platform ensures every one of its users undergoes a verification process as well as know-your-customer (KYC) to protect against bad actors such as fraudsters and money launderers. In addition, users’ private data are kept confidential and secluded from public access. Its site in Singapore has a two-factor authentication feature which is absent on its UK site.City index observes due protocols by strictly abiding by the laws guiding financial trading platforms across the different jurisdictions it operates, keeping them out of the purview of security agencies. Client funds are insured by the Financial Services Compensation Scheme (FSCS) on City Index, adding another layer of trust and security.Likewise, there are different order types and stop losses, allowing users to gain maximum benefits and avoid losses. The company gives precedence to accessibility and ensures communication with users. Their customer support is available by phone or email, and also offers an online chat feature on its site for users and prospective customers to reach out to broker representatives.The customer center is available 24/5. Regardless of the problem that arises, whether technical or financial, users can be guaranteed a quick response from qualified specialists.Further reading Convert Satoshi To BTC Bitcoin | 100% Free Online Tool EXANTE BROKER REVIEW 2023: FEES AND BENEFITS Intrade.Bar Review: Is this Forex Broker Worth The Squeeze for Binary Options? Top Five Richest and Most Influential Traders Today CXMARKETS BROKER REVIEW 2023: COST AND BENEFITS How to make money on binary options without any investment?City Index Regulatory Bodies City Index complies with several regulatory bodies, including the European Securities and Markets Authority (ESMA) rules, which protect them from losing more than they’ve deposited into the platform by limiting leverage and providing negative balance protection.Additionally, the Financial Services Compensation Scheme (FSCS) safeguarded users’ funds, which provides up to £50,000 if the broker defaults. Other regulators that have granted City Index complete authorization are the Australian Securities & Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS).To make sure your money is safe with a broker, the gold standard to look for is an established financial regulator. In this case, the functions of the controlling organization are performed by the Financial Regulation and Supervision Authority (FCA).It is worth noting that the authoritative British regulator has overseen GAIN Capital UK Ltd for more than 15 years. During this time, the broker has provided FCA employees with a huge number of reports proving that the company has the right to work in the global financial markets. For many experienced traders, this information is enough to put their minds at ease that the broker is trustworthy.Further reading 110 Trading Quotes to Set You on the Road to Success Pocket Option review 2023: pros & cons Take-profit and stop-loss on the IQ option platform! Top Binary Options Brokers Reviewed in 2023 What to Do if a Broker Refuses to Pay – 3 Effective Methods Close Option - binary options broker reviewCity Index Training City Index provides extensive training material in different content formats, including webinars, guides, and articles, which helps traders learn the strategies to succeed more in their trading career.This comes with a support database. The trading courses offer overviews which explain the nuances involved in trading, such as wedge patterns, and guide you on a successful path to profitability.Another key feature the broker developed is the Demo trading options that help traders practice under actual market conditions. This feature is available to all users, and a virtual 10 thousand British pounds make it possible for you to develop your strategy for succeeding on the trading floor.A drawback is the absence of a Russian-language version of the web resource. However, the platform is easy enough to use that the English-language version will suffice, even for speakers of other languages.Further reading The Most Popular Trading Assets For Binary Options ZENITH TRADING STRATEGY FOR BINARY OPTIONS EasyOption Review 2023: Is It Worth It? FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million users FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? CLM Forex (Core Liquidity Markets) - Broker ReviewCharacteristics and Key Indicators Of City Index City Index has particular strengths that give it an edge over its competitors. However, it’s worth noting that City Index does not currently offer a bonus program or competition, and automated trading is limited to advisors in the set of terminals.Trading TermsStudying clients’ reviews, we can see that City Index maintains high ratings among its customers. There are a few outliers currently dissatisfied with the services offered. Issues related to this can be linked to the series of transitions the company has made over the decades. There is no minimum deposit ($0) required using the City Index.Minimum lot – 0.01Trading leverage – up to 1: 400Base currencies of accounts – British pound, euro, and US dollarIslamic account – noAffiliate program – yesHow to Withdraw And Deposit MoneyLooking through City Index’s ratings, it’s hard not to notice that reviews written about City Index (even if the author is generally positive towards the company) emphasize dissatisfaction with the methods for depositing and withdrawing funds.Trading AssetsThere’s a wide range of tradable assets for users to enter on the trading platform for the transactions, including:Currency pairsCryptocurrenciesPromotionIndicesCommoditiesPrecious metalsThere are 13,500 tradable symbols on the platform, forex trading (available in spot and CFD), social trading / copy trading, and cryptocurrency (available in CFD).Further reading 10TRADEFX REVIEW 2023: IS IT WORTH IT? ZENITH TRADING STRATEGY FOR BINARY OPTIONS IronFx - trading platform overview FEATURES OF ISLAMIC ACCOUNTS FOR TRADING IN BINARY OPTIONS AND FOREX IQ Option Review 2023: Is It Worth It? CLM Forex (Core Liquidity Markets) - Broker Review Frequently Asked Questions (FAQs)Are my funds safe with City Index? Founded in 1983, with over 40 years of providing premium services, City Index has kept securing users’ funds at the forefront of their concerns. The parent company, StoneX Group, is Nasdaq listed. Its long-term record and the regulatory license it holds guarantee your funds are secured across whatever trading assets you decide to trade.How soon can I open a City Index account?While opening an account is straightforward, the primary determinant of how fast you can have a City Index account depends on how soon your identity is verified. Once verified successfully, you’ll receive a notification, and you’re on your way to enjoying the delightful services of City Index. If not, you might need to provide extra documentation or contact the City Index support team.Final ThoughtsCity Index is widely known and chosen for its functionality and high-level regulatory compliance. It has an easy-to-use and versatile mobile app and website hosting a wide range of features, such as its in-house trading signals and trading platform, making it the go-to choice for many.It’s a comprehensive platform for traders of any level, beginner or professional. If you’re in search of other brokers that offer premium then we’ve compiled the list for you.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million users IC Markets Broker Overview Orbex Broker Overview What Is Smooth Love Portion, and What Can You Do With It? What is the Difference Between Binary Options and Forex Trading? Gerchik & Co - overview of forex trading platform
Tobi Opeyemi Amure Author Hannah Jones Editor 7 min read Published: October 19, 2018 Updated: December 27, 2022 Views: 230Content More Details on City Index User Security City Index Regulatory Bodies City Index Training Characteristics and Key Indicators Of City Index Frequently Asked Questions (FAQs)The vast majority of brokers began to operate on the global financial markets in the early 2000s – or in some cases, even the late 1990s. How many companies can boast that as far back as the 1980s, they provided financial services to investors, managers, consultants, and individuals?Among those ‘veterans’ is the City Index brokerage, which has become a favorite with both novice and professional traders and investors.Established in 1983, the company successfully offers CFDs, indices, shares, and options in forex, cryptocurrency, along with other services. It’s one of the first exchanges in the UK to provide trading of financial instruments, and it has since grown into the US and Australian markets. City Index essentially allows traders to profit by betting on the changing values of financial instruments.In 2014, City Index was acquired by GAIN Capital Holdings Inc. (NYSE: GCAP), a US-based company that is City Index’s parent company and is backed by StoneX (NASDAQ: SNEX).Special Note: CFDs are complex instruments which run high risks of losses due to leverage. An astonishing 75% of retail investor accounts globally lose money through CFD trading with this provider, so it’s important to be sure in your understanding of how it works and weigh the potential risks.More Details on City Index City Index has established itself as a key player in the trading arena with its giant platform and impressive provision of CFD contracts.CFD stands for Contract For Difference, which allows investors to trade the difference between an asset’s open and closing price (or price change) without owning the underlying assets.However, it is hard to determine the candor of such a claim without professional expertise. The global financial market is constantly evolving, with the entrance of new participants and the fallout of others due to bankruptcy. However, superficial research on City Index indicates that the firm is among the most robust trading platforms globally.Further reading How Сan Binary Options Brokers Cheat You? The Story Behind the MBA Forex Scam and Closure Moon Bitcoins Review 2023 (Legit Or Scam) Trader’s profitability Calculator Cryptocurrency trading and binary options Is Quotex a scam? Read this before trying the broker in 2023 User Security“Privacy – like eating and breathing – is one of life’s basic requirements,” to quote Katherine Neville. This is a mantra at City Index. City Index prioritizes users’ security at every tier of their services, operating transparently to increase trust in the eyes of their customers. There are a series of features developed to ensure they keep customer security in mind.The City Index trading platform ensures every one of its users undergoes a verification process as well as know-your-customer (KYC) to protect against bad actors such as fraudsters and money launderers. In addition, users’ private data are kept confidential and secluded from public access. Its site in Singapore has a two-factor authentication feature which is absent on its UK site.City index observes due protocols by strictly abiding by the laws guiding financial trading platforms across the different jurisdictions it operates, keeping them out of the purview of security agencies. Client funds are insured by the Financial Services Compensation Scheme (FSCS) on City Index, adding another layer of trust and security.Likewise, there are different order types and stop losses, allowing users to gain maximum benefits and avoid losses. The company gives precedence to accessibility and ensures communication with users. Their customer support is available by phone or email, and also offers an online chat feature on its site for users and prospective customers to reach out to broker representatives.The customer center is available 24/5. Regardless of the problem that arises, whether technical or financial, users can be guaranteed a quick response from qualified specialists.Further reading Convert Satoshi To BTC Bitcoin | 100% Free Online Tool EXANTE BROKER REVIEW 2023: FEES AND BENEFITS Intrade.Bar Review: Is this Forex Broker Worth The Squeeze for Binary Options? Top Five Richest and Most Influential Traders Today CXMARKETS BROKER REVIEW 2023: COST AND BENEFITS How to make money on binary options without any investment?City Index Regulatory Bodies City Index complies with several regulatory bodies, including the European Securities and Markets Authority (ESMA) rules, which protect them from losing more than they’ve deposited into the platform by limiting leverage and providing negative balance protection.Additionally, the Financial Services Compensation Scheme (FSCS) safeguarded users’ funds, which provides up to £50,000 if the broker defaults. Other regulators that have granted City Index complete authorization are the Australian Securities & Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS).To make sure your money is safe with a broker, the gold standard to look for is an established financial regulator. In this case, the functions of the controlling organization are performed by the Financial Regulation and Supervision Authority (FCA).It is worth noting that the authoritative British regulator has overseen GAIN Capital UK Ltd for more than 15 years. During this time, the broker has provided FCA employees with a huge number of reports proving that the company has the right to work in the global financial markets. For many experienced traders, this information is enough to put their minds at ease that the broker is trustworthy.Further reading 110 Trading Quotes to Set You on the Road to Success Pocket Option review 2023: pros & cons Take-profit and stop-loss on the IQ option platform! Top Binary Options Brokers Reviewed in 2023 What to Do if a Broker Refuses to Pay – 3 Effective Methods Close Option - binary options broker reviewCity Index Training City Index provides extensive training material in different content formats, including webinars, guides, and articles, which helps traders learn the strategies to succeed more in their trading career.This comes with a support database. The trading courses offer overviews which explain the nuances involved in trading, such as wedge patterns, and guide you on a successful path to profitability.Another key feature the broker developed is the Demo trading options that help traders practice under actual market conditions. This feature is available to all users, and a virtual 10 thousand British pounds make it possible for you to develop your strategy for succeeding on the trading floor.A drawback is the absence of a Russian-language version of the web resource. However, the platform is easy enough to use that the English-language version will suffice, even for speakers of other languages.Further reading The Most Popular Trading Assets For Binary Options ZENITH TRADING STRATEGY FOR BINARY OPTIONS EasyOption Review 2023: Is It Worth It? FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million users FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? CLM Forex (Core Liquidity Markets) - Broker ReviewCharacteristics and Key Indicators Of City Index City Index has particular strengths that give it an edge over its competitors. However, it’s worth noting that City Index does not currently offer a bonus program or competition, and automated trading is limited to advisors in the set of terminals.Trading TermsStudying clients’ reviews, we can see that City Index maintains high ratings among its customers. There are a few outliers currently dissatisfied with the services offered. Issues related to this can be linked to the series of transitions the company has made over the decades. There is no minimum deposit ($0) required using the City Index.Minimum lot – 0.01Trading leverage – up to 1: 400Base currencies of accounts – British pound, euro, and US dollarIslamic account – noAffiliate program – yesHow to Withdraw And Deposit MoneyLooking through City Index’s ratings, it’s hard not to notice that reviews written about City Index (even if the author is generally positive towards the company) emphasize dissatisfaction with the methods for depositing and withdrawing funds.Trading AssetsThere’s a wide range of tradable assets for users to enter on the trading platform for the transactions, including:Currency pairsCryptocurrenciesPromotionIndicesCommoditiesPrecious metalsThere are 13,500 tradable symbols on the platform, forex trading (available in spot and CFD), social trading / copy trading, and cryptocurrency (available in CFD).Further reading 10TRADEFX REVIEW 2023: IS IT WORTH IT? ZENITH TRADING STRATEGY FOR BINARY OPTIONS IronFx - trading platform overview FEATURES OF ISLAMIC ACCOUNTS FOR TRADING IN BINARY OPTIONS AND FOREX IQ Option Review 2023: Is It Worth It? CLM Forex (Core Liquidity Markets) - Broker Review Frequently Asked Questions (FAQs)Are my funds safe with City Index? Founded in 1983, with over 40 years of providing premium services, City Index has kept securing users’ funds at the forefront of their concerns. The parent company, StoneX Group, is Nasdaq listed. Its long-term record and the regulatory license it holds guarantee your funds are secured across whatever trading assets you decide to trade.How soon can I open a City Index account?While opening an account is straightforward, the primary determinant of how fast you can have a City Index account depends on how soon your identity is verified. Once verified successfully, you’ll receive a notification, and you’re on your way to enjoying the delightful services of City Index. If not, you might need to provide extra documentation or contact the City Index support team.Final ThoughtsCity Index is widely known and chosen for its functionality and high-level regulatory compliance. It has an easy-to-use and versatile mobile app and website hosting a wide range of features, such as its in-house trading signals and trading platform, making it the go-to choice for many.It’s a comprehensive platform for traders of any level, beginner or professional. If you’re in search of other brokers that offer premium then we’ve compiled the list for you.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million users IC Markets Broker Overview Orbex Broker Overview What Is Smooth Love Portion, and What Can You Do With It? What is the Difference Between Binary Options and Forex Trading? Gerchik & Co - overview of forex trading platform