City Index Review

As one of the oldest and most established Forex and CFD brokers in the world, City Index has grown to be one of the world leaders in spread betting and CFD trading. The company was established in the UK in 1983 and has been around for over 30 years, a timeframe that is practically unheard of in the industry. City Index has recently been acquired by GAIN Capital Holdings, Inc. a global leader in online trading, creating a retail business with over 235,000 funded accounts, $1.2 billion in customer assets and $3.1 trillion in annual trading volume. The company has offices in London, Dubai, Sydney, New Jersey, Shanghai, Tokyo, Hong Kong and Singapore which accommodates a staff of over 800 employees. City Index and transact over $400 billion in trade volume every month for individuals in over 50 countries worldwide. City Index is authorized and regulated by the UK’s Financial Conduct Authority (FCA).
City Index Review
Telephone: +1-212-941-9609
Regulation: FCA, ASIC, MAS, MiFID, CFTC
Pairs offered: 60+ including GBP/USD, EUR/USD, GBP/JPY, NZD/USD
Minimum Deposit: 100
Max Leverage: 1:200
Markets: Forex, Indices, Virtual Currencies, Commodities, Treasuries & Bonds, CFDs, Shares

As one of the most established and most settled Forex and CFD specialists on the planet, City Index has become one of the world pioneers in spread wagering and CFD exchanging. The organization was built up in the UK in 1983 and has been around for more than 30 years, a time span that is for all intents and purposes unbelievable in the business.

City Index has as of late been obtained by GAIN Capital Holdings, Inc. a worldwide pioneer in web based exchanging, making a retail business with more than 235,000 supported records, $1.2 billion in client resources and $3.1 trillion in yearly exchanging volume. The organization has workplaces in London, Dubai, Sydney, New Jersey, Shanghai, Tokyo, Hong Kong and Singapore which obliges a staff of more than 800 representatives. City Index and execute over $400 billion in exchange volume consistently for people in more than 50 nations around the world. City Index is approved and directed by the UK’s Financial Conduct Authority (FCA).

City Index gives aggressive spreads and access to a large number of business sectors overall including files, shares, monetary standards, items, securities, financing costs and that’s just the beginning. The organization has been the beneficiary of many honors throughout the years for their spread wagering, CFD and FX exchanging administrations and item development.

Accounts

Beside their one standard record, for which there is sparse data, City Index offers its VIP account which gives a one of a kind scope of advantages including special rates on exchange execution, a committed senior deals dealer available 24-hours per day, premium paid on money adjusts, adaptable edge rates and access to selective VIP occasions.

This upscale record can be opened by solicitations just and qualification is dictated by the City Index VIP group.

The base store to open a record is $100 and $25 is required for resulting stores. There is no commission on spread wagering and CFDs. For Equity CFDs, contingent upon the market there is a base commission $25.

City Index offers the decision of spread wagering, CFD’s and Forex in one record. There is a 1-point spread on FTSE and Wall Street and you can exchange EUR/USD at 0.5 focuses.

I was satisfied while doing this survey City Index offers a free demo account. Truth be told, there are two distinctive demo accounts.

This City Index Demo is accessible for a two-week time frame and permits a merchant boundless access to their exchanging stage and a virtual money adjust of £2,500 GBP. I would have favored a more drawn out demo time, however it is conceivable that merchants can request an expansion in the event that they’re not exactly prepared to dive in and hazard their cash in a genuine record.

The MT4 Demo account gives brokers all the usefulness of the trusted MT4 stage in addition to selective City Index highlights including free and boundless access to our exchanging stages for a month, $10,000 virtual money adjust, the capacity to exchange Forex sets from various stages, access to real, minor and extraordinary Forex sets and that’s just the beginning.