An Ultimate CityIndex Review (Beginner Must Read Guide)
CityIndex has a long standing empire when it comes to Forex. They have stood the test of time and are considered the safest option as your First Forex Broker in 2020.
Trading with City Index Review
One of the UK's most promising Forex Brokers. City Index always tries to deliver the highest level of customer satisfaction. Attracting thousands of new traders every year, it strives on its excellent trading fees/environment that's ideal for any retail trader. Their most useful asset is that they're honest and upfront, always reminding you that trading is risky, City Index is not one to scam, such as other brokers might, they're life long high-end reputation is an example to all.
Pros and Cons when Trading with City Index Review
City Index Pro's:
Low fees on Forex and very high customer satisfaction levels.
Zero commission structures on many assets
Honest and Transparent Forex Broker (rare)
City Index Con's:
City Index's platform has been reported to be hard to use
City Index Fees and Charges Review
City Index Trading fees:
City Index Stock trading fees: City Index top the highest range when compared to other online Forex Brokers.
City Index Forex trading fees: City Index is higher than average yet this is the price you pay for a bespoke Forex Broker.
City Index non-Trading fees:
City Index Inactivity fee: City Index will charge you GBP 12 per month
City Index Withdrawal fee: City Index has no Withdrawal fee
City Index Deposit fee: City Index has no Deposit fee
Account Opening at City Index
Here’s a step-by-step guide to open a trading account with City Index:
⦁ complete a questionnaire providing personal and financial information
⦁ fill out a test stating your trading experience, if any
⦁ verify ID and residency (upload national ID, passport or driver’s license)
A few days later, assuming everything went without any problems, the account is ready to trade. As a side note, City Index doesn’t take clients from the United States or Canada.
Deposit and Withdrawal Conditions at City Index Review
Free and user-friendly, traders may choose from a variety of currencies to fund their accounts: EUR, GBP, USD, CHF, HUF, AUD, CHF, JPY, and PLN. Bank transfers take around 2-3 business days.
City Index Withdrawal fee: City Index has no Withdrawal fee
City Index Deposit fee: City Index has no Deposit fee
Markets to Trade with City Index Review
The foreign exchange market is CityIndex’s strength. As such, they offer almost any possible currency pair to trade.
Traders interested in other markets can choose from City Index’s offer on Stocks, Crypto, Indexes, Commodities or Bonds.
City Index Trading Platform
User-friendly trading platform accessible from the web, mobile, and desktop. Traders can enable notifications on products they trade and levels the price reaches. A two-step login verification process makes it a safe trading environment.
Research and Customer Service City Index Review
City Index provides analysis and recommendations for the main currency pairs so that traders can compare their ideas with the ones of City Index analysts.
Email, chatbot and even telephone support – traders get fast and relevant support when contacting City Index.
City Index Trading Courses and Education Review
First and foremost, City Index demo account is free to use and test any possible trading strategy. Second, the tutorial videos offered by City Index are of excellent quality, adding to the overall education experience.
City Index Trading Demo Account Review
City Index has a free trading demo account that allows you to practice, firstly with the City Index (demo) platform, this will ensure you understand how to place trades with the platform and what buttons to press etc.
Secondly, this City Index demo account will help you to practice trading Forex and CFD's in general. City Index provides this trading demo account for free so theres no harm in trying.
Funds Safety at City Index Review
Funds safety is paramount to City Index. As such, the parent company is listed on the stock exchange and regulated by top-tier regulators.
Conclusion of City Index Review
Trading with City Index is safe and the environment extremely competitive. A broker that cares for the retail trader, it offers low fees and funds safety.
Find out more and take advantage of City Index as the number one Forex broker by clicking
CityIndex Home. (CityIndex would like to remind you that trading is risky)
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