City Index Broker

Trading at financial markets may yield great profits in a relatively short time provided you cooperate with the right broker. Unfortunately, with such a huge selection, finding one is a tedious task. Still, there is one player that stands against rivals. Its name is City Index.

What is City Index?

City Index is a global Spread Betting, Forex, and CFD Trading broker from London. The brand belongs to GAIN Capital UK Limited and registered at the address of Park House, 16 Finsbury Circus, London, EC2M 7EB.

This establishment complies with the Financial Conduct Authority, which forces the broker to hold clients’ money in segregated accounts. And GAIN Capital’s headquarters is in Bedminster, New Jersey, with a global presence of over 800 employees across Eurasia and North America. As a member of the Financial Services Compensation Scheme, City Index will compensate every client up to £85,000 if liquidated.

London registration and compliance with FCA ensure the broker’s credibility which is even boosted when you know that the organization was established in remote 1983. This makes City Index one of the oldest players in the Spread Betting, Forex, and CFD Trading landscape.

The operator allows its clients to access over 12 thousand (!) financial markets across:

  • Forex (84 currency pairs)
  • Shares (over 4500 global shares)
  • Commodities (over 25 global commodities)
  • Cryptocurrencies (Bitcoin, Bitcoin Cash, Ripple, Litecoin)
  • Indices (21 global indices)

By providing all essential tools, City Index helps every beginner trader to grow and master their trading skills.

News & analysis

The broker keeps its clients abreast of the market situation by publishing the latest economic news, market analysis, and valuable insights from reputable traders. The broker’s official website even has a separate Brexit hub to empower the trading decisions of its clients.

City Index Trading Conditions

The broker’s trading model is STP/ECN.

City Index aspires to pamper its clientele with fair trading conditions, smooth execution, proper risk management, and courteous customer care.

The broker does not set any minimum deposit restrictions. As for trading conditions, they look like the following:

  • Minimum lot — 0.01
  • Minimum spread on EUR/USD — 0.5 pips
  • Average spread on EUR/USD— 1.7 pips
  • Leverage — up to 1:400
  • Hedging — allowed
  • Scalping — allowed
  • Swaps — Yes
  • Islamic account — No
  • Trial account – Yes

Accounts can be opened in GBP, USD, EUR.

As for commissions, City Index charges zero commissions when you Spread Bet with the broker. No commissions are charged for CFD trading, either. However, a trader will have to pay other commissions and fees depending on the market and assets they trade. The minimum commission is 0.08%.

City Index Trading Platform

City Index supports a number of robust platforms and instruments to ensure the utmost in trading:

  • Proprietary Web Trader – a powerful trading platform loaded with insightful charts, custom indicators, and customizable workspaces wrapped in the HTML5 technology;
  • Proprietary mobile trading apps for iOS and Android devices feature real-time prices quotes and charts, live Reuters news feed, and an economic calendar.
  • Downloadable AT Pro Trading platform is aimed at mature traders and includes charts with over 100 indicators, a broad selection of drawing tools, a technical & fundamental analysis section to name a few.
  • MT4 – the world’s most preferred trading terminal supported by every self-respected broker like City Index.

Education

As for novice traders, City Index makes everything possible to help rookies embark on the path to success. Videos, tutorials, new trader courses, webinars, and materials for self-education are in abundance on the broker’s official website.

5 Comments

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John

23/10/2019 Reply

We work with periodic success. I’m not looking for other brokers, because I understand that today no one provides ideal services. Unfortunately…

George

05/10/2019 Reply

had to finish the work here and get money back aftreseveral days becaus of some problems. filled the form, asked in customer spport - and n o t h i n g. they just say silent. if you gave thr money there - think you’ve already lost’em with no turning back

fxsodoy

23/07/2019 Reply

I traded with the City Index for only 2 months and recently closed my account. This broker makes so many demands. After making a deposit on my first and second trading in the last two weeks ago, I know that many traders are disappointed because the service and broker server were very old and slow.

Jayson

10/06/2019 Reply

My Successful Experience with the Broker. I am still a novice, though I trade with this broker for six months. I totally recommend this broker! True, there are not as many tools, but if you are a novice trader, you don’t even need more.

Evan

30/05/2019 Reply

Spreads here are like anywhere in the market: not the lowest but acceptable. Slippage sometimes happens, the executing speed could be a little faster, and it may also be difficult to make money via scalping – not the best broker for scalpers.

City Index Broker

ity Index Broker-logo
Min. deposit

250$

Regulators

ASIC FCA

Leverage

1:400

Platforms

Meta Trader 4, Mobile Trading Apps

Year of foundation

2001

Country

United Kingdom