Web Trader operates on top of the HTML5 technology and is available to desktop users through their web browsers. The platform is fully customizable with a switchable interface that’s easy to master and use. The platform also possesses useful risk management options, advanced charting options with custom indicators and precision drawing tools.
The broker offers central counterparty clearing on “certain markets” through the Omnibus Segregated Clearing Account . A separate application is required to gain access to this account functionality. Fee and spread disclosures provide extensive transparency, but it was difficult to find options costs. Information on fee schedules was conflicting, and it was hard to find cost comparisons. They offer fixed and/or variable spreads, depending on venue, but the disclosures would greatly benefit from side-by-side cost itemization. It also isn’t clear how much spreads widen during off-market hours, raising the potential for unanticipated trading costs.
Best Free Forex Charts
A technical analysis portal is also powered by Trading Central, which scans the market for trading opportunities. Investor accounts lose money when there is no adequate customer service and support to back traders. In this regard, City Index has all aspects covered through local London Foreign exchange market and international phone numbers providing 24/5 support. Usually, the phone’s first linkup is through an online chat robot before getting through to a human customer care executive. While City Index Ethereum or bitcoin trading is widespread, the platform cannot keep up with eToro.
- City Index is regulated by high-authority institutions, and its parent company, GAIN Capital, is listed on a stock exchange.
- At City Index, you can trade over 4,500 instruments in seven asset classes.
- The proprietary AT Pro comes with software support for Windows desktop and automated trading with 100 preloaded strategies.
- The rates used are always clearly disclosed on statements and contract notes.
- You should consider whether you can afford to take the risk of losing your money.
- City Index clients have access to Indices, Shares, Forex, Crypto, Commodities, Interest Rates, and Options.
Web Trader includes intelligent tools, fast and reliable HTML5 technology, customizable workspaces, and advanced charts featuring custom indicators. It also has smarter trade tickets that include advanced risk management options.
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Review
City Index have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support. You can start using the MetaTrader 4 platform with City Index in multiple formats including through an online web platform, Through a downloadable application for Windows PC’s and Apple Macintosh computers. City Index MetaTrader 4 is compatible with the latest macOS Mojave. City Index allows traders to trade on mobile devices through Android and IOS devices like the iPhone. Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD.
With its advanced features, City Index has ensured that it’s very simple to navigate and use making it adaptable for individuals City Index Review starting out. City Index offers several popular trading platforms to use for trading through a City Index trading account.
The applications also support live in-app chat and personalized watchlists. You can switch between your devices seamlessly while trading, including smartphones and tablets, for added versatility. The live account has no minimum deposit and spreads are better than most market makers – from 0.5 pips on major pairs; both fixed and variable spreads are available.
Broker To Trading
City Index caters to over 150,000 traders, and the overall products and services qualify it as a prime brokerage. The broker’s proprietary Web Trader offers advanced charts, custom indicators, and fully customizable workspaces, but it does have fewer features and less customization than the downloadable AT Pro platform. eur The AT Pro platform includes advanced technical analysis with more than 100 indicators, detachable charts, and strong customization. In-platform access to dozens of trading ideas round out an impressive list of advanced features. City Index offers the MT4, WebTrader and Mobile forex trading top platform.
The Premium Trader account is available via invitation only and provides users with the same bundle of benefits as the Professional Trader account, with the addition of better overall pricing. However, the exact terms for getting this invitation are unclear. City Index clients have access to Indices, Shares, Forex, Crypto, Commodities, Interest Rates, and Options. Unlike companies such as FXCM and 24Option, City Index has never been involved in any scandals or noteworthy legal charges. They have a very good reputation and a long track record, which is not the case for most brokers in the forex world.
User Reviews
Online chat is available to new and prospective clients, but users need to “talk” with an annoying chat robot before getting to a human customer representative. The broker accepts support questions through phone, chat, or email, and a fairly strong social media presence is used primarily to distribute research and marketing materials.
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Thus, despite its advantages – used by 14,000+ traders and authorized by reputable regulatory agencies – City Index is a regulated scam. With this in mind, you need to be very careful not to land in the hands of unreliable forex brokers. City Index has been one of the oldest and most reputable spread betting companies since launching way back in 1983 . However, there’s no fundamental data available on City Index’s platform. The news feed is great, with news from high-authority sources like Reuters, as well as City Index’s team of experts. Its intelligent, modern design makes for a user-friendly mobile experience.
Is My Money Safe With City Index?
They can use leverage for this product and take both short and long positions. and Middle East clients can use leverage without fear of losing more than they deposit. City Index provides rich education and training content that will help avoid investors’ accounts lose money, regardless of whether they are beginners or professional traders.
This is critical when you consider whether to trade on mobile applications and whether you get good value from it. The Index offers customers exclusive facilities for custom alerts, building watch lists, doing initial charting, and chatting with customer support personnel. While the apps are not a replica of web platforms, the interface looks identical, allowing traders to avoid any high risk of losing money while on the go. City Index has been facilitating trade on the financial markets for over 38 years. City Index offers clients Forex trading, CFDs trading, and Spread Betting trading.
