City Index Reviews Read Customer Service Reviews of www cityindex.com 2 of 16

city index reviews

The charting feature offers dozens of technical indicators and precision drawing tools. A margin calculator allows traders to calculate the cost of placing a trade. Traders should consult the City Index products section of the website for specific leverage allowances for each financial instrument.

Useful information provided

Since then, the platform has had a few upgrades and long-term investment products will hopefully be added shortly. It is ok, but not as good tools as IG and others that I’ve tried like CMC. When an announcement is made, all cust service representatives need to be familiar with the update to advise clients in case clients enquire.

Is City Index a Worthwhile Platform?

We note, that this integration is only available for Australian traders at this time. Most City Index retail clients will use the Standard https://forexbroker-listing.com/ account or MT4. Both accounts have no commissions with spreads from 0.5 pips, the only difference is the trading platform you use.

Excellent trading platform but plenty of risks

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. City Index provide deposit and withdrawals via wire transfer, credit/debit card and PayPal. You can manage your account easily through their secure funding portal.

Through customer service god Helped my…

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city index reviews

city index reviews

They also do not charge commissions on CFD or FX markets, with the exception of CFD equities. The AT Pro platform has hundreds of trading strategies built in that can be used for trading signals to compliment your own trading plan. Strategies include moving averages cross system, Heikin-Ashi candlesticks reversal system and a MACD fast line/signal line cross system. The City Index technical analysis research portal, powered by Trading Central, will save you time by scanning the markets for chart patterns and trade setups. The fundamental stock analyser shows if a stock is considered overbought or oversold at a glance.

Before you trade, AskTraders.

You can only spread-bet or trade on share CFDs in over 4,500 publicly-listed companies on the leading global stock exchanges. The broker allows clients to go long/short with margins as low as 20% or create hedge positions. Direct educational materials include webinars, both live and previously recorded ones which are archived. Clients can take advantage of the information regarding trading strategies, real-time news courtesy of Reuters, and expert analysis. There is even the option to receive volatility alerts for free, a feature which we strongly recommend advanced traders use. There is an extensive FAQ section divided by topics, including details on using specific trading platforms, trading particular assets, opening accounts, and more.

Very helpful attentive staff and support team.Top class information and service.Always very helpful. Knowing that a broker is available to help with problems or complaints goes a long way to reassure investors of the legitimacy of a platform. To this end, City Index provides several avenues for customers to receive help.

Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. To identify prospective trading opportunities, city index review the SMART Signals engine employs a selection algorithm that automatically monitors 36 key worldwide markets across thousands of price data points. Once it has found a pricing pattern that has historically been effective in a certain market, it will display it on the SMART Signals dashboard.

City Index offers spread betting as an option for trading in the United Kingdom. Spread betting is similar to CFD trading in that it is a form of margin trading and most of the same instruments are available with the same leverage. Traders in Australia can also choose the RAW FX account type which has low commissions starting from just USD 5 or AUD 6 while Singapore traders have the option of a DMA account. With a minimum deposit of $25,000, this trading account would really appeal only to premium traders. With MT4 trading platform and no commission trading, this City Index review looks at what they offer the markets in Australia, The UK, and Singapore.

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. Spreads can be as low as 0.5 for Litecoin and 35 for Bitcoin. Investing.co.uk has been helping British traders find the right broker for over 20 years. However, there is a well-stocked FAQ section and a trading academy with a wealth of educational content. Profits must be withdrawn to the original funding source and there is a minimum withdrawal limit of £100.

city index reviews

Note, holidays may cause a deviation from standard trading hours. Also, clients can access their accounts and funds at all hours. Investing is available on the City Index platform 24/5, as per the forex markets. However, trading hours for shares and indices may be limited to their local market hours, depending on the specific asset. Pre-market and after-hours trading is also available on a selection of US stocks. One example of how they are populating their platform with new trader tools is SMART Signals.

StoneX Financial Ltd is authorised and regulated by the Financial Conduct Authority (FCA). They are also regulated by the well-respected Australian Securities and Investment Commission (ASIC) and Monetary Authority of Singapore (MAS). If there’s something specific you have in mind, we would welcome the feedback. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

City Index is considered by many as a stable and secure trading broker with the resources to continue offering innovative and industry leading trading standards. This makes them a more favourable choice of broker compared to other brokers who have only been in business a few years and do not have the financial backing or long-term success that City Index has. Spread betting and CFD trading are available on options with City Index.

  1. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
  2. It also includes a customizable economic calendar, Reuters real-time news, and an analytical site that automatically monitors the markets for chart patterns based on technical and fundamental research.
  3. There is a very high degree of risk involved in trading securities.
  4. Besides the option to go long or short (only BTC and ETH), the broker offers competitive spreads, low overnight financing costs, and unlimited access to its trading platforms for 12 full weeks.
  5. If you need any assistance, please do not hesitate to contact us by chat, call or email.

My accounts manager promptly supplied me this information which otherwise would have taken me hours to extract from monthly statements. 3) why does the stop loss is hit but in real the market price did not reach that price in the first place? Pls answer this questions publicly rather asking to speak to a customer service, the public should know. As we are authorizsed and regulated by the Financial Conduct Authority (FCA), we take our reputation in being a trusted and unique broker seriously.

Currently, they are refusing to pay me my own money and I am taking action in the local county court to get my money. I would add reliable, too – technical issues seem rare these days. Must be mindful though that the product itself is high risk and there is the possibility of losing all your capital and more, on the other hand, potential gains can be considerable. 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.

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