This City Index review was conducted by the team of Forextrading.biz for those who want to know about how to open a trading account with CityIndex forex broker. Since launching way back in 1983, CityIndex.co.uk broker has been one of the oldest and best trustworthy spread betting companies.
City Index broker now provides markets for CFDs, FX trading and Spread Betting, and is at present a part of IPGL, a private holding company who also possess 20 percent of ICAP plc., of which Michael Spencer is a director and CEO. In 1983, the broker has made numerous high profile acquisitions comprising IFX Markets and FX Solutions in 2008 and Finspreads in 2005.
Trading Platforms
The support of City Index’s trading platform is their Benefit Trader. The platform is offered in numerous versions such as:
- Advantage Web Trader
- Advantage Trader (Download Version)
- Mobile Traders
- FX Trader
- Pro Trader platform
Generally, CityIndex’s platforms worked as publicized. Operating the platform is an open affair. Novice traders will feel right at home with how simple it is to use the platform. There is also a market search function united into the platform to help traders localize the assets which they want to trade. Values are also feed live through the platform giving the impression that one is correct in the middle of all the act. You can read more about the CityIndex trading platforms on”ForexSQ” City Index review page.
Commission & Spreads
City Index claim to offer their customers with fixed competitive spreads irrespective of market situations. For major forex pairs like the USD/JPY and EUR/USD, the spread is simply 3 pips. We found that they are essentially comparable with those provided by the IG group.
Customer Support
Customer support services at CityIndex is presented from Monday to Friday 24 hours a day. Clients of City Index can get in touch with the support team through:
- Telephone
- Live Chat
City Index Demo Account
CityIndex lets novel traders open a free online Demo account which provides you £2,500 in virtual cash to do making trades with. The City Index Demo account offers a real-life simulation of the actual platform, and permits you to open/close trades, display your positions, perform stop-losses and limit orders. You can also usage the numerous technical charts and tools and learn how to use them correctly.
Generally the City Index Demo account helps you come to be acquainted with the CityIndex trading tools and software.
Lastly, the broker offers access to real-time financial news and analysis feeds from Dow Jones Newswires plus their communicating technical analysis tools are outstanding. These are both great for expert traders looking to go the additional mile in spread betting.
To open a free demo account with the CityIndex broker you can visit “TopForexBrokers.com” City Index review page.
City Index Login
For login to CityIndex broker you can visit the broker website, After sign up you can check your email and do City Index login.
Conclusion
This broker’s reputation as a market leader is absolutely well deserved. Despite the competition, City Index broker has accomplished to found a strong foothold in the industry by providing their customers with very competitive spreads and good customer support. Beginner traders will find the broker an outstanding partner to work with.The CityIndex broker has branches in Singapore or Australia. The important advantage of the CintyIndex UK is it’s regulation by FCA and Android Google app or IOS app for Apple products and mobile trading, Wikipedia says.
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