- Safe, regulated broker (low-risk) for forex and CFDs trading
- Web Trader platform with selection of advanced trading tools and integrated research
- City Index mobile app balances advanced functionality with ease-of-use
- At City Index, you can only trade CFDs, forex and cryptos. Other popular asset classes, like real stocks or funds, are not available.
- City Index stock CFD fees are high and an inactivity fee kicks in after one year.
Latest updated information about CityIndex
City Index, a provider of global trading platforms, today revealed the launch of its new brand. The company also announced a new Performance Analytics feature, PlayMaker, to allow clients to monitor their trading plans in real time.
The new branding of the company highlights its alignment with clients and desire to act as a trusted partner. According to the official announcement, the City Index aims to provide more choice, exclusive insight and value. The new brand is already live on the company’s website.
City Index’s latest tool PlayMaker provides clients with access to their trading behaviours and the option to compare them to the broader market in real time. The feature is available for UK traders starting today.
PlayMaker enables clients to minimise downside risks with good money management rules, setting reminders to protect themselves from emotional trades and track metrics on open trades in real-time in order to stay disciplined.
City Index is part of GAIN Capital
Established in the UK in 1983, City Index is one of the world leaders in Spread Betting, FX and CFD Trading.
With over 12,000 markets to choose from across Forex, Indices, Shares and Commodities, our clients have access to a wide range of global markets. We help traders grow, giving them the tools they need to improve their trading skills.
CityIndex is committed to providing a market-leading service based on fair and transparent prices, comprehensive customer support and are authorised and regulated by the Financial Conduct Authority (FCA).
City Index’s parent company is GAIN Capital Holdings Inc (NYSE:GCAP), one of the largest retail and institutional trading providers in the world and has a strong track-record in providing retail and institutional customers with trading services.
GAIN Capital was founded in 1999 with a clear mission: to provide traders with low cost access to foreign exchange markets. Since then, we have expanded our product offering and global reach, and now provide 150,000+ retail and institutional investors with access to OTC and exchange-traded markets.
GAIN Capital is headquartered in Bedminster, New Jersey, and has a global presence with 800+ staff across North America, Europe and Asia Pacific.
City Index strives to provide competitive spreads and access to wide range of markets including indices, shares, currencies, commodities, bonds and others. Spread Betting, CFD and Forex Trading on 12,000+ global markets including Indices, Shares, Forex and Bitcoin.
Advantages of City Index
- Quality trade execution, risk management and transparent pricing
- Award-winning platform and technology across multiple devices
- Experienced Relationship Managers for insight and trading support
- Authorised and regulated by the Financial Conduct Authority (FCA)
- Over 30 years’ experience in Spread Betting, FX and CFD Trading
- The accounts allow fast, easy payments and secure withdrawals
Segregated client money bank accounts
As a retail client your money is fully segregated from our own funds in separate accounts.
Trading Platforms and features
Trade on City Index powerful new HTML5 Web Trader platform, the downloadable AT Pro platform or our iOS/Android mobile Apps.
- Fast and flexible workspaces
- Trade directly through charts
- Real-time news from Reuters in-platform
- Voted best professional trading platform – 2019 Shares Awards
Experience intelligent tools and features to help you trade the markets.
- Advanced charts with custom indicators
- Fast and reliable HTML5 technology
- Customisable workspaces
Mobile Trading Apps
Our Advantage trading apps are available for iOS and Android smartphones and tablets.
- Secure 24-hour access to your account
- Live streaming prices and charts
- Live Reuters news feed and economic calendar
AT Pro is a desktop platform designed for advanced users who need powerful analysis tools.
- Choice of trading templates
- Advanced charting package
- Improved speed and efficiency
MetaTrader4 (MT4) comes with an impressive array of features, enhanced by City Index’s service, support and pricing.
- Expert Advisors
- Custom indicators and trading signals
- Windows, Android and iOS platforms
CityIndex Trading Conditions and Features
FX trading on 84 FX pairs as Spread Betting, CFD Trading and FX on MT4. Spreads from 0.5 points. Leverage is up to 400:1 and margin requirements are listed below:
|Trading Leverage||Equivalent Margin Required|
Demo account is available in both Advantage Web and City Index FX App. Platforms, comes with $10,000 virtual funds and shows real time prices. The limitation to only 14 days usage is rather surprising, since most brokers offer unlimited demo account, however there is a bright side to the story – you can reapply for a new demo account. Unfortunately all previous account history will be gone.
Spread Betting Features
Spread Betting differs from conventional trading style that you might be familiar with. With spread betting you can profit regardless whether the market goes up or down.
Tax-free Profits – All profits made in spread betting are exempt from UK Capital Gains Tax.
24-Hour Dealing – Spread betting is available 7 days a week, 24 hours a day. It is a true non-stop market, enabling you to spread bet even when the underlying markets are closed.
Leverage – The margin for currencies start from just 1%, meaning that the potential for profits, or losses, from an initial funding outlay is substantially higher than with traditional trading.
Ability To Go Long or Short – Gain exposure to market movements regardless of the direction in which the markets are moving.
Wide Range of Markets – Take a position on thousands of individual shares, indices and currencies around the world. You can also place trades on sectors, commodities, bonds and interest rates.
CityIndex Payment Methods
Minimum deposit requirement to CityIndex account is $100. In order to transfer the funds, click on “Accounts” tab in your trading platform and choose “Fund Your Account” option.
The broker only accepts Visa/Delta debit cards and Master Cards. There is a transaction fee of 1.5%. The limitation in payment methods is definitely a disappointment. The broker should consider adding alternative methods, such as Skrill and Paypal to their list of available payment choices.
City Index Educational Resources
CityIndex reviews wide variety of educational materials on its websites. The broker offers many ways to learn trading:
Webinars – extensive library of free webinars to improve your skills
Risk management – learn to control the risk and maximize your trading potential
Learn to trade program – great start for beginners with spread bet from 25p per point.
City Index Customer Support
Customer support is available from Monday to Friday, 24 hours a day via email, phone or live chat. The website of the broker also provides extensive Help and Support section with most frequent QA
How was the rating of CityIndex performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on CityIndex FX broker performance and features.
Overall our online CityIndex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online CityIndex or you find inaccurate details CityIndex broker review please get in touch with us and the changes will be applied.