City Index Reviews Read Customer Service Reviews of www cityindex.com 4 of 16
The median price of a single-family home in the United States is $273,992. Nationwide, the average rent for a two-bedroom apartment runs $1,154 a month. Additionally, the fact that the FCA regulates the broker means that clients are covered by the FSCS. As such, if they go into liquidation, which is unlikely, https://traderoom.info/city-index-forex-broker/ clients can receive up to £85,000 in compensation.For further peace of mind, GAIN Capital, their parent company, is also regulated and authorised by the FCA. As you look over the company’s deposit procedures, you will notice that the only requirement is that you have sufficient funds to maintain your margin.
Forex, Gold & Silver:
There is another risk, which the newcomer may not be conscious of and that is the risk that CI might change the margin required to keep a trade open. Bear in mind not all trades are subject to capital gains/losses – so losses may not generate a capital loss for tax purposes. Great platform but you really do need to understand how it works, the considerable risks and where it fits in to your wealth management. City Index never has down time on their live platform, and they do inform clients when maintenance will be performed. Their spread cost is very reasonable and the order execution immediate. The AT Pro platform is very user friendly, allows the client to customize indicators, it facilitates multiple charts well and you are able to save, import or export workspace layouts.
Service Details
City Index is a one of the world’s leading trading brokers offering thousands of financial instruments to traders worldwide. They have many years of experience, offering fast and reliable trade execution speeds, tight spreads and award-winning trading platforms. When you trade forex and other markets with the City Index MT4 platform you can benefit from ultra-tight spreads, fast trade executions and unique trading tools.
AdvantagePro best trading platform …
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 real-time margin calculator can assist you in keeping control of your trading selections.
I worked with James Internicola to… set up a MetaTrader4 Corporate account and fund the account.
To this end, we are continuously training our staff to provide our customers with the superior customer experience they expect. Through City Index, you can trade on thousands global markets with a Spread Betting, CFD Trading or MT4 account. Trading instruments include FX currency pairs, Indices, Global Shares, Global Commodities, Cryptocurrencies including Bitcoin and other markets (bonds, options, etc). It can be a good idea to opt for a trading broker who offers so many different markets and trading instruments in case you wish to branch out and diversify your portfolio in the future.
Those in the United Kingdom can also choose to engage in spread betting on cryptocurrencies in addition to CFD trading. Some of the digital coins available include Bitcoin, Bitcoin Cash, Litecoin, and Ripple. As mentioned above, the company also lets you trade digital currencies via CFDs. This allows clients to take advantage of the market’s volatility without directly owning any digital coins. It is not uncommon to see praise for the broker’s incredible number of global markets on offer. All in all, the company now has more than 140,000 institutional and retail investors using its platforms globally.
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 https://traderoom.info/ for them to respond officially and I will update accordingly. This is a review specifically for Nathaniel in client support , based in Poland.
If you want direct market access to exchanges for equities trading you can compare DMA brokers here. However, City Index CFD pricing is tight enough for the majority of traders who do not want to work orders inside the bid/offer spread. The other advantage of trading CFDs “over-the-counter” is that commission is included in the quote as opposed to DMA brokers like Saxo Markets who add commission after you trade. City Index offer options trading via spread bets and CFDs, the benefit of the course of trading options as a spread bet for UK customers is that profits are free from capital gains tax. Phone trading is one feature that sets City Index apart from other retail options brokers.
This section gives you an overall impression of City Index’s trading products. City Index offers trading on CFDs for indices, shares, forex, cryptocurrencies (not in US/Canada), and other markets. There are over 20 options markets to choose from and you will need to use the City Index desktop or Android, iOS mobile app.
There is a very high degree of risk involved in trading securities. 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. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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.
- This division of City Index serves all clients in Australia and New Zealand.
- A 12-week demo account with 10,000 credits is available for both retail and professional traders to explore and make a clear decision on whether City Index is a worthwhile broker.
- Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com.
- It is also advanced enough for experienced traders executing large orders and needing post-trade analytics or voice brokerage as backup.
- Once again I wasted nearly an hour asking a City Index customer support person, to add a spread bet account to an already existing CFD.
I just can’t understand why it can sometimes take several minutes after the opening time of the market (eg 2.30pm UK time for the US) for the stock to be available to trade on Citi Index. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Across its offices in Europe and the Asia-Pacific region, City Index provides access to a variety of global markets, as well as over 80 forex pairs and over 4,500 CFDs on its flagship web and mobile app. Pricing at City Index for trading CFDs, forex, and spread-betting products is in line with the industry average.
AT Pro is intended for advanced traders who want more powerful analytical tools that are faster and more efficient. It has a completely customizable layout, allowing you to create your own customised trade templates or select from hundreds of pre-built trading templates. Being able to trade pre and post-market allows clients to take a position in a stock, as and when news breaks or new information comes to light, outside of regular trading hours. For new traders, there is a huge amount of educational and informational content from “how-to” videos and articles to more lighthearted CFD, and focussed programming like the Traders Academy.
The broker allows clients to go long/short with margins as low as 20% or create hedge positions. The company is regulated by the Financial Conduct Authority (FCA). This provides clients with peace of mind, as formal regulation suggests that it’s a must to meet specific standards. For example, one of the requirements is that they segregate retail client funds from its own. City Index offers an extensive amount of educational material for clients, much of which is accessible without logging in.