Scalpers may make multiple trades over the course of a day and don’t leave positions open over night. City Index do not charge any additional commissions on spread betting markets. 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.
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We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets. Our customer service representatives work hard to ensure all our clients’ questions are answered thoroughly and in a timely manner. However, we recognize that there are always ways in which we can improve.
- I have always found the support team to be a pleasure to speak with and wouldn’t have any issues reaching out to them again in the future.
- They offer some of the most advanced trading platforms and tools whilst having an abundance of educational materials for traders of all experience levels.
- Developed by trading software company MetaQuotes, MT4 is perhaps the most widely used trading platform and considered by many as the most user friendly.
- Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
overall service is fine….but when i…
You can learn how to use a trading strategy, how to analyse the charts using technical and fundamental analysis, how to apply risk management to your trades and much more. The MetaTrader 4 (MT4) trading platform is available with a wide range of built in features which are further enhanced by City Index’s service, support city index review and pricing. Developed by trading software company MetaQuotes, MT4 is perhaps the most widely used trading platform and considered by many as the most user friendly. It has a quick learning curve making it an attractive proposition to new traders whilst having enough advanced functionality for the more seasoned trader.
It’s easy to get someone to attend to…
The AT Pro platform is very user friendly, allows the client to customize indicators, it facilitates multiple charts well and you are able to save, import or export workspace layouts. The City Index ‘help chat’ is very responsive, efficient and always available, as are the email support team. The MetaTrader 4 (MT4) trading platform includes a plethora of built-in capabilities that are supplemented by City Index’s service, support, and pricing. MT4, created by the Russian software company MetaQuotes, is possibly the most frequently used trading platform and is usually regarded as the most user-friendly.
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The FSCSS holds client funds in segregated accounts and there is a deposit compensation scheme available in the U.K. The broker is available to traders from various countries around the world. The platform can be accessed in languages such as English, Spanish, German, French, Chinese, and Arabic, among others. This ensures that traders can navigate the platform comfortably and access all the necessary information in their preferred language.
It can be a good mobile trading app for beginners as it has tutorials and demo instructions that teach you how to use the app. If you have a biometric mobile, you can set your app to biometric verification, which gives that extra element of security. We have re-sent the email requesting additional information with regards to your inquiry. We strongly recommend contacting us via phone, or by using the live chat feature on our website.
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Yes, City Index is a good platform for day trading as they have low spreads, access to a wide range of markets and intra-day trading signals provided by SMART Signals. City Index offers some of the best trading tools and analysis to help traders perform better. Their unique post-trade analytics and voice brokerage service make it an excellent choice for large and frequent traders.
City Index offers CFD trading on 17 major indices from Asia, Europe, the US, and Australia, including Singapore Index, Wall Street, and Germany 30. City Index was founded in 1983 and is regulated by the FCA which means they have to keep client funds safe and segregated from their own money. You can buy over 4,700 stocks on City Index as a CFD or financial spread bet, however, you can’t trade equity options or invest in physical shares. City Index delivers high-quality market research that scores above the industry average. The only downside with its research coverage is a general lack of daily video content. Its in-house written materials are high quality, and market coverage is diverse.
Using City Index’s mobile app, you can easily set alerts and notifications to remain updated with what is happening within the platform and across the global markets. I often do this if there is a price level I am waiting for or a particular setup and I do not want to hang around watching charts all day and night. You can deal with CFDs on forex, stocks, indices, commodities, and crypto trading is possible under certain conditions. UK clients can also get access to Spread Betting whilst options, bonds and ETFs are also available.
Left an open position for xmas period as I did not want to close at a loss. At this rate by the time of opening of the indicative market I will be close to having £500 deducted.Absolutely no justification for this and no one to talk to. Possible 2 reasons the first could be additional and unreasonable interest charges the 2nd could be an error. I will attempt at the first opportunity for them to respond officially and I will update accordingly. Cityindex provides the opportunity to participate in the upside as well as in the downside of the Market at one of the lowest available costs.
No urgency to resolve in a volatile market but they blame Braintree for not processing payments, interesting that they can still process deposits. It’s 2 weeks now and still no refund but 14 day notice to close account counting down. This is a VERY RISKY company to deal with, not recommended at all.
We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. City Index’s trading tools include high-tech trading platforms like WebTrader and MetaTrader 4 (used by millions of traders around the world). Traders can also access Performance Analytics, SMART Signals, Trading Central, Advanced Charts, and alerts to help them. The wealth of educational and analytical resources leads us to conclude that this broker is very suitable for new traders.
The acquisition of City Index by NASDAQ-listed StoneX Group in July 2020 has had little impact on the policies and running of the broker since it was announced. The firm https://forexbroker-listing.com/ will retain its FCA regulation and the entire range of 13,500+ markets and services. This is a review specifically for Nathaniel in client support , based in Poland.
City Index offers MetaTrader4 and their proprietary City Index Desktop and WebTrader. Eligible clients are also protected by the Financial Services Compensation Scheme (FSCS) and in the event of liquidation, clients may be entitled to compensation through this scheme. StoneX Financial Ltd is a company registered in England and Wales. StoneX Financial Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
For example, one of the requirements is that they segregate retail client funds from its own. City Index offers an extensive amount of educational material for clients, much of which is accessible without logging in. The broker maintains a Market Analysis page with relevant information and analyses. There is also readily available information regarding companies earnings and the economic calendar. Professionals who prefer a downloadable platform will appreciate AT Pro.
There is a back testing excel tool that allows you to test trading signals performance over historical data. It also has a customisable economic calendar, real-time news from Reuters and analysis portal that automatically scans the markets for chart patterns based on technical and fundamental analysis. This can save time from manually researching the market and present potential trading opportunities. City Index offer mobile trading apps for iOS and Android so that you can access your account wherever you are in the world at any time, from your smartphone or tablet.