City Index Review 2025 In-Depth Key Findings
City Index Review 2025 In-Depth Key Findings
An essential tool for any trader, the economic calendar keeps traders informed of upcoming economic events that could impact the markets. City Index provides an integrated economic calendar that includes information on key events, such as central bank meetings, economic data releases, and geopolitical developments. The calendar allows traders to plan their trades and make informed decisions based on global economic events. Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital. It has over 14,000+ registered customers and over 42 years of experience on its own record. They are one of the world’s top trading platforms and a prominent figure in the Fintech revolution.
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While the broker could improve in certain areas like research tools, overall, City Index is an excellent choice for traders looking for reliability and versatility in their trading experience. Forex trading platforms are the key to linking traders and forex brokers. They let you open trading accounts quickly, deposit funds, and execute trades efficiently. These platforms also give you access to leverage, margin options, and other useful trading tools. Always advertising on billboards in the City, always having a colourful client base, always being bought and sold at the whim of billionaires and bigger boys. Back in the good ol’ days, you could open an account and put on a million-dollar trade over the phone with no ID, no deposit, and no idea.
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- StoneX specialises the finance and investment sector and clients of City Index benefit from its many years of experience of operating in the global markets.
- These are determined by the actions you undertake on your accounts.
- These applications offer secure 24-hour account access, live charts, and prices, as well as an integrated Reuters news feed and an economic calendar.
- No, you don’t but they may ask some question to ensure you understand the risks of CFD trading before accepting you as a client.
CFDs and spread betting are similarly priced with City Index, with the commission being included in the spread, which is slightly wider than the underlying market bid/offer. The main reason why both products are on offer is that spread betting is only available to UK residents, whereas City Index can offer CFD trading to its global client base. City Index provides traders with fast, flexible, and reliable trading platforms that are available in multiple versions — desktop, web, and mobile. With over 16 chart types, real-time news from Reuters, and 80+ technical indicators, the City Index trading platforms can be customized to suit individual traders’ needs.
Research Tools and Insights
The Web Trader dashboard which has for many years formed the base of the City Index trading experience has a clean aesthetic and can be set to a range of different colour configurations. Price charts can be set to up to 14 different timeframes which supports both speculative traders and long-term investors. The FAQs section of the brokers site is well thought out and works through commonly raised issues. There are sections on how to open accounts, manage leverage and margin, and how to use the trading platforms. This means makes it possible to find all the information you need on the broker’s site but is backed up by the security of having informed and helpful City Index staff on hand should they be needed. Those with queries can contact the broker by phone, Live Chat, email, or WhatsApp with the interactive services being available 24/5.
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. Another acquisition from parent StoneX is Chasing Returns, now integrated into the platform as Performance Analytics. Which really drills down into where you are trading well and where you are losing money.
See all City Index’s Commodities Spreads
In fact, most brokers, even IG just have a bog standard list of upcoming earnings and economic announcements. But I think you need more from a trading platform these days, especially as when logged into the desktop platform the format is all off. One broker that has absolutely nailed their economic calendar is ThinkMarkets. With TM when you’re logged in you get a really good visualisation of previous data, volatility and most importantly what impact it had on relevant institutions like EURUSD. It’s a great way to see how markets have moved against previous numbers. Honestly, City Index should embed this too as it’s available from Trading Central who they have a deal with anyway.
City Index shows on its official site that you are able to exchange real time stocks with your demo account. Each time you transfer money into your bank accounts, these withdrawal fees become applicable. Generally, City Index does not charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly trade, such as weekly or daily trading. City Index is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge.
This account type typically features competitive spreads and leverage options. As one of the key offerings at City Index, forex trading allows traders to access over 80 currency pairs. The broker offers competitive spreads, fast execution, and access to the global forex market, making it a suitable platform for both short-term and long-term forex traders.
City Index offers over 25 cryptocurrency markets for trading including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). City Index enables trading of over 4,500 global shares as CFDs where traders can speculate on long or short positions. Both City Index Mobile and the MT4 mobile app are ideally suited for traders who are on the move, providing stop-loss orders, watchlists functionality, and Reuters news integration. Pricing at City Index for trading CFDs, forex, and spread-betting products is in line with the industry average. For the best pricing, use City Index’s proprietary platforms or MetaTrader. If you’re interested in applying for a trading account with City, you can do so by clicking the button below.
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). In fairness a global issue today but for sure you can guarantee City Index always affected. A poorly run organisation with no interest serving their customers.
By doing this we hoped to nullify variations in better and worse-performing pairs by each broker. City Index however is not without its downside, fees for stock CFDs are on the higher side, and its desktop trading platform could do with some improvement. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
These instruments are lively and convenient for both the new and experienced traders. All dealers can set aside all their worries when trading using City Index. City Index’s social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to https://traderoom.info/city-index-forex-broker/ sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it.
Since then, the platform has had a few upgrades and long-term investment products will hopefully be added shortly. With Chasing Returns’ in-depth Performance Analytics tool, you can track your personal trading performance and find your most productive trading behaviours. Analyze your trading tendencies, best and worst deals, top-performing markets, and much more. City Index’s best execution policy ensures that all trades at City Index are executed as quickly as possible. If the price falls in your favour while your order is being processed, City Index will execute it at the lower price. Marko has been working on the road for over 5 years, and is currently based in Europe.
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