City Index – Forex Broker review

City Index Review and Rating
City Index review

Name: City Index Review

Description: Description: City Index was founded in 1983, and 2015 was acquired by GAIN Capital Holdings (NYSE: GCAP), the operator of FOREX.com. City Index is authorised and regulated by the UK Financial Conduct Authority, offering a high level of security and safety.

82%
82 of 100 1 review
  • Support - 80%
    80%
  • Platform - 80%
    80%
  • Insights - 90%
    90%
  • Leverage - 80%
    80%
  • Commission - 80%
    80%

Summary

Owned by publicly-traded GAIN Capital, City Index is regulated in three tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading. City Index provides excellent tools, market research, and a diverse offering of tradeable products. Users can trade on City Index’s proprietary web-based, feature-rich trading platform as well as on mobile apps for Android and iOS users. They provide 139 indicators, 25 drawing tools for their AT Pro account. City Index offers guaranteed stop-loss protection for premium orders. Read City Index review, rating, and detailed information for their services below.

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User Review
4 (1 vote)
Comments Rating 0 (0 reviews)

Pros

  • Large product catalogue
  • Cryptocurrency coverage
  • Sophisticated backtesting
  • 12,000+ instruments for trading on, covering multiple asset classes.
  • FCA UK regulated.
  • Wide range of education and research resources available.

Cons

  • No volume discounts
  • No social trading data
  • Margin discounts restricted to professional accounts
  • The volume of choice of markets may be overwhelming for beginner traders.

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 Detail Information

Company GAIN Capital UK Ltd
Founded in 2001
Offices in United States
Payment options Credit/debit cards, Wire transfer
Demo platforms MetaTrader 4
Account currencies United States dollar
Currency pairs
AUD/CAD AUD/CHF
AUD/CNH AUD/JPY
AUD/NZD AUD/SGD
AUD/USD CAD/CHF
CAD/JPY CHF/JPY
CNH/JPY EUR/AUD
EUR/CAD EUR/CHF
EUR/CNH EUR/CZK
EUR/DKK EUR/GBP
EUR/HKD EUR/HUF
EUR/JPY EUR/MXN
EUR/NOK EUR/NZD
EUR/PLN EUR/SEK
EUR/SGD EUR/TRY
EUR/USD EUR/ZAR
GBP/AUD GBP/CAD
GBP/CHF GBP/DKK
GBP/JPY GBP/MXN
GBP/NOK GBP/NZD
GBP/PLN GBP/SEK
GBP/SGD GBP/USD
GBP/ZAR NOK/SEK
NZD/CAD NZD/CHF
NZD/JPY NZD/USD
SGD/HKD SGD/JPY
USD/CAD USD/CHF
USD/CNH USD/CZK
USD/DKK USD/HKD
USD/HUF USD/JPY
USD/MXN USD/NOK
USD/PLN USD/SEK
USD/SGD USD/TRY
USD/ZAR
Regulated by FCA (UK), 113942
Website available in Arabic, Chinese, English, Spanish
Support available in Arabic, Chinese, Danish, Dutch, English, German, Italian, Japanese, Portuguese, Russian, Swedish, Turkish
Support methods Email, Live Chat, Phone
Trading server time zone EST

City Index Features

  • Bonus offers
  • Free education
  • Trading by telephone
  • Managed accounts
  • US traders are welcome

Account Types

  • Standard Account
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
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