City Index Review

City Index Review

As one of the oldest and most established Forex and CFD brokers in the world, City-Index-trading, one of the world leaders in spread betting and CFD.

The company was in the UK in 1983 and for over 30 years, a period of time, is virtually unknown in the industry.

City Index was recently acquired by GAIN Capital Holdings, Inc. a global leader in online trading, the creation of a retail business, with over 235,000 funded accounts, $1.2 billion in customer assets and $3.1 trillion in annual trading volume. The company has offices in London, Dubai, Sydney, New Jersey, Shanghai, Tokyo, Hong Kong and Singapore has a workforce of over 800 employees. City Index and transact over US $ 400 billion in trade volume each and every month for individuals in over 50 countries around the world. City Index is authorised and regulated by the British Financial Conduct Authority (FCA).

City Index offers competitive spreads and access to thousands of markets worldwide including indices, shares, currencies, commodities, bonds, interest rates, and more. The company is the recipient of many awards over the years for their spread betting, CFD and FX trading services as well as product innovation.

Accounts

Apart from your standard account, for which there is not enough information, City Index offers its VIP-account offers a unique range of benefits, including special rates for trade-execution, a dedicated senior sales trader is on hand 24 hours a day, interest on cash balance, flexible profit rates and access to exclusive VIP events.

This fine account can be opened by invitations only, and the suitability determined by the City Index VIP-team.

The minimum Deposit to open an account is $100, and $25 is required for the subsequent deposits. There is no Commission on spread betting and CFDs. For Equity CFDs, depending on the market, there is a minimum fee of $25.

City Index offers the choice of spread betting, CFD and Forex account. It is a 1-point spread on the DAX and Wall Street, and you can trade EUR/USD to 0.5 points.

I was glad when you make this, City Index offers a free demo account. In fact, there are two different demo accounts.

This is a city Index Demo is available for a period of two weeks and allows a trader unlimited access to their trading platform and a virtual account balance of € 2,500, – GBP. I would have preferred a longer demo time, but it is possible that the dealer can ask for an extension if you are not quite ready to take the plunge and risk their money in a real account.

The MT4-Demo-account traders all the features of the trusted MT4 platform plus exclusive City Index features, including free and unlimited access to our trading trusted platforms for four weeks, $ 10,000 virtual cash balance the ability to trade Forex pairs from a range of platforms access to major, minor and exotic Forex pairs and more.

Features

Spread betting and CFD trading City Index s main lines of business. Spread betting is a tax free alternative to conventional trading allows traders to profit from rising and falling market prices. Spread betting is used in the rule gives traders the ability to trade up to 10% of your original Deposit.

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