Trading with CityIndex
One of the UK's most promising Forex Broker. City Index always tries to deliver the highest level of customer satisfaction. Attracting new customers every year, it strives on its excellent trading 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, CityIndex 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
Low fees on Forex and very high customer satisfaction levels. On top of that, the deposit/withdrawal process is easy, and no commissions exist.
On the negative side, stock trading is not the best service offered. Plus, the platform isn’t the easiest to use either.
City Index Fees
While charging an inactivity fee, City Index has no withdrawal or deposit fees. The inactivity fee activates if no trades are taken in one year (GBP 12/month).
Stock trading fees, on the other hand, top the highest range when compared to other online brokers. All in all, for both stock and Forex, City Index does have trading fees (commission and spreads) on the higher side yet this is the price you pay for a bespoke broker.
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
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.
Markets to Trade with City Index
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 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 Education
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.
Funds safety is paramount to City Index. As such, the parent company is listed on the stock exchange and regulated by top-tier regulators.
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 CityIndex as the number one Forex broker by clicking CityIndex Home.
(CityIndex would like to remind you that trading is risky)