City Index Review 2023 City Index: Leading CFD Broker

City Index Review 2023 City Index: Leading CFD Broker

City Index’s proprietary Web Trader platform delivers a rich trading experience while providing access to City Index’s full product offering. Web Trader offers excellent trading tools and a variety of advanced features, and delivers access to more tradeable markets than MT4. Thank you for your 5-star review of our customer service team! For more experienced traders, City Index offers professional accounts with higher leverage and access to additional trading features.

City Index launches tradable US election indices

They operate on multiple platforms and devices and are a well-established, regulated firm. These are indicators of a trustworthy broker, but the broker’s suitability depends on the individual trader’s needs. It comes with all the features which would be required by an institutional trader or broker and screen layouts can be formatted to your preference. These favourite layouts can be accessed using both desktop and mobile devices making for a continuous trading experience. “Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets. I actually prefer the City Index app to the desktop version of the trading platform.

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Our Customer Service representatives work hard to ensure all our clients’ trading account questions are answered thoroughly and in a timely manner. Please email our support team with your comments and suggestions at The relatively limited number of markets offered on the City Index version of MT4 is counterbalanced by those instruments which are available covering all of the major asset groups, such as forex and indices. Another potential obstacle to some traders is the minimum account balance required to take part in EA hosting. There is a need to have a balance of $5,000 at all times and clients must also satisfy a notional value of $500,000 in trades per calendar month.

Possible 2 reasons the first could be additional and unreasonable interest charges the 2nd could be an error. I will attempt at the first opportunity for them to respond officially and I will update accordingly. It is ok, but not as good tools as IG and others that I’ve tried like CMC. When l got mixed up when opening the account i phoned city index and they soon put me right.they were very helpful and patient with me. The Customer Service Officer who attended to me was very helpful in resolving my issue.He was very approachable person and was very patient . We were so glad to hear you have enjoyed our service here at City Index.

City Index parent company Gain Capital sees shares rise sharply after results

• There is a need to have a balance of $5,000 at all times and clients must also satisfy a notional value of $500,000 in trades per calendar month.
• Having a range of different ways to obtain support can help clients make problem solving more efficient.
• Please reach out to our customer support team with any additional information or feedback you may have that can further improve your experience.
• More experienced traders will also benefit from their fast execution speeds,  exclusive trading tools and analytical features.

Products can be navigated by scrolling through the screen, and trades can be executed in just a few taps. Both Android and Apple device users are catered for with separate Android and iOS applications. While the mobile app and responsive trader are not inclusive of all desktop features, most are available and built-in. Traders should consult the City Index products section of the website for specific leverage allowances for each financial instrument. Each financial instrument also has specific City Index margin requirements that traders must maintain.

City Index are also a primary sponsor of Saracens Rugby Club in the UK, the 5-time Premiership Champions and 3-time European champions. Additionally, the broker is a sponsor of the Sydney Roosters in Australia, a team that has won 15 Rugby League titles. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.

If you’re interested in applying for a trading account with City, you can do so by clicking the button below. City Index accepts customers from most countries around the world. Their spreads vary depending on asset class but are typically very reasonable.

City Index Spreads

The broker covers many major and minor https://traderoom.info/city-index-forex-broker/ markets globally, with over 12,000 products. In 2014, Michael Spencer, the founder and controlling shareholder of City Index, sold the company for $118 million. The combination created a new global firm with operations in more than 150 countries and annual trading volumes in excess of $3 trillion. In 2014, Michael Spencer, the founder and controlling shareholder of City Index, sold the company to GAIN Capital Holdings for $118 million.

(I’m very cautious !) While Konrad was on the call I took the opportunity to ask about the automatic safety on the account if my funding level was breached and was assured that CI do not let customer accounts fall into -ve. Also Konrad explained when I asked about how the account handles dividends. We are grateful that you took the time to share your review with us.