Each year, we collect thousands of data points and publish tens of thousands of words of research. Other reputable Australian forex brokers which offer these types of strategies include IC Markets and Pepperstone, which both benefit from some of the lowest spreads in the forex industry. We note, that this integration is only available for Australian traders at this time.

Trading.com Review 2024: Unbiased Detailed Information

City Index’s application presents products and asset classes in a non-pretentious format. Products can be navigated by scrolling through the screen, and trades can be executed in just a few taps. City Index offers CFD trading on 17 major indices from Asia, Europe, the US, and Australia, including Singapore Index, Wall Street, and Germany 30.

Your trusted trading partner, since 1983

City Index hold client funds in accordance with regulators client money rules. Client’s money is protected by being held in segregated top-tier bank accounts, separate from their own. They have great financial strength with a proven track record of delivering superior trading conditions to traders worldwide.

It is possible to fund your account using a range of payment methods including, debit card, credit card, bank transfer, EFT, BPAY, PayID. The length of time taken for funds to be credited to your account can vary depending on which payment provider you choose to use. City Index offers its clients the opportunity to trade more than 6,300 markets. These cover asset groups which include stocks, forex, indices, CFDs, commodities, crypto and bullion.

This staff Manuel G , know my problem is I can not trade ,so just let me closing the old one ,and apply new one in new website . We are incredibly grateful that you took the time out to share your feedback with us. Customer satisfaction is our top priority, and we are thrilled that you enjoyed your experience. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.

User Experience and Ease of Use: 4/5

In addition to the hundreds of built in tools, you can download thousands of free customised indicators, scripts and EAs. There is also a large online MetaTrader community where users from around the word share trading tools, strategies and signals. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. Trading with City Index will involve fees from $10 USD, spreads from 0.5 pips to 0.8 pips, and commission-free trading depending on the account traders select. City Index provides 2 different live trading accounts, Standard and MetaTrader 4.

1. Even if you are a beginner, you can go to the website and learn from their shared lessons.
2. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
3. Please reach out to our customer support team with any additional information or feedback you may have that can further improve your experience.
4. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
5. They have great financial strength with a proven track record of delivering superior trading conditions to traders worldwide.
6. The StoneX connection goes a long way in building trust, while the broker’s history and London location will instill confidence.

One of the first things we look for in a broker is its regulatory oversight and licenses. This includes the FCA in the UK, ASIC in Australia, and MAS in Singapore. Additionally, City Index complies with the Markets Financial Instruments Directive.

Exchange data is fed into platforms and the broker doesn’t charge anything for the data. Benzinga has completed a City Index Review, one of the world leaders in spread betting and CFDs, to help you determine if it’s the choice for you. Yes, based on our data matrix, testing, analysis and the fact they are regulated by the FCA City Index is a good broker. You can buy over 4,700 stocks on City Index as a CFD or financial spread bet, however, you can’t trade equity options or invest in physical shares. Spread https://traderoom.info/city-index-forex-broker/ betting and CFD trading are available on options with City Index.

1. Customer support hits all the bases, with 24/5 phone support through London local and international phone numbers.
2. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
3. By comparison, ECN brokers operate through a no-dealing desk (NDD) where client orders are matched directly with various liquidity providers (LPs).
4. Both City Index Mobile and the MT4 mobile app are ideally suited for traders who are on the move, providing stop-loss orders, watchlists functionality, and Reuters news integration.
5. The only downside with its research coverage is a general lack of daily video content.

City Index Fees

A YouTube review found an excellent series of TA videos but none were linked directly to the website. The broker also provides how-to articles on each of the major trading venues as well as a full-featured help and support database. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Additionally, the City Index parent group, StoneX Group, is Nasdaq listed. City Index client funds are kept in segregated accounts and the broker forms part of the Financial Services Compensation Scheme (FSCS). Educational material encompasses a broad range of topics designed to outline ways to get the most out of the platform or build your own trading strategies.