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City Index Ltd are brokers offering financial spread betting,forex and CFDs.
City Index Group was founded in 1983 and has headquarters in London.
City Index offers both a standard and VIP account. The VIP account offers extra benefits such as a dedicated on-hand senior sales trader, flexible and preferential margin rates, and a leverage of 10:1 but is invite only.
City Index is regulated by the Financial Conduct Authority (FCA) and offers access to global markets including commodities, currencies and indices.
Capital Index offer competitive spreads of 1 pip on EUR/USD and 1 point on FTSE and Wall Street as well as zero commission on CFDs and spread betting.
They have a minimum account deposit of $100, and deposits and withdrawals can be made on a City Index account through debit and credit cards with a minimum withdrawal of $50 and a maximum of $20,000.
The trading platform used is the Meta Trader 4 (MT4) and is very compatible with mobile.
They also offer a 4 week ‘Learn to Trade’ programme, which enable learners carry out small trades across a their platforms.
Forex, CFDs, Spread Betting
Shares, Forex, Indices, Options, Bonds, Commodities
Afghanistan, Western Côte D'Ivoire, Libya, Cuba, Myanmar, Zimbabwe, Equatorial Guinea, New Zealand......**
MT4, Mobile Apps, Web Trader, Advantage Web
iPhone, iPad, Android, Tablet, Blackberry, Windows Phone
City Index is one of the oldest brokers around and offers a wide variety of instruments. On top of that, City Index offers both fixed and floating spreads and the popular MT4 Platform. City Index offers a full range of risk management features including guaranteed stop losses, guaranteed limit order, trailing stops and price alerts.
City Index also offers the ability to use expert advisors and a VPS account for automated trading on the MT4 platform. City Index is a market maker and also offer an STP account.
City Index does not allow scalping and does not offer ECN account or any bonuses, for traders that want to scalp or an ECN trading platform, City Index may not be suitable for them. Traders who want to use scalping as part of their trading strategy can view a list of the top brokers that allow scalping here. City Index also charge a 2.5% fee for credit card deposit which could be a significant deterrent to some traders.