When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by City Index terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. In the trading world, brokers like City Index, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.
Professional and clients outside EU or Australia are not covered with any negative balance protection. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products. In the sections below, you will find the most relevant fees of City Index for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. Across its offices in Europe and the Asia-Pacific region, City Index provides access to a variety of global markets, as well as over 80 forex pairs and over 4,500 CFDs on its flagship web and mobile app.
Is City Index a market leading broker?
AT Pro is designed for advanced traders who need more powerful analysis tools with improved speed and efficiency. It includes a fully customisable layout so that you can build your own personalised trading templates in C#, .NET and Visual Basic or choose from the hundreds of pre-built trading templates. If you are located in one of the above countries, you may wish to consider another trading broker provider such as Forex.com. They accept traders from across the globe, excluding Singapore, New Zealand, Belarus, Iran, Yemen and some countries from the OFAC list.
No changes made to city’s benchmark Hang Seng Index in latest quarterly review – South China Morning Post
No changes made to city’s benchmark Hang Seng Index in latest quarterly review.
Posted: Fri, 24 Feb 2023 08:00:00 GMT [source]
Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like City Index you should be sure they’re legitimate online agent. City Index is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of City Index going into insolvency.
Your trusted trading partner, since 1983
MT4 on City Index offers traders comprehensive features and tools to enhance their trading performance. The City Index MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the City Index platform to their needs. One of the standout features of MT4 is its charting functionality, which allows City Index traders to analyze price movements and make informed trading decisions. Andorid mobile devices and tablets are used by millions of people globally. The Android City Index MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely. City Index’s educational materials are sure to help traders of all skill levels to hone their abilities too, something which the demo account also assists with.
City Index Review Bonuses, Security, Apps & Features – Invezz
City Index Review Bonuses, Security, Apps & Features.
Posted: Tue, 20 Apr 2021 14:30:49 GMT [source]
To verify our results we did the test again one week later and the results were similar. With an average spread of 1.79 pips, your city index reviews cost will be $16.52 per lot you trade. This contrasts significantly with IC Markets which averages 1.03 pips or $9.63 per lot.
Is City Index a trustworthy broker?
You can search by typing the name of the product you’re looking for or browsing a categorized product list. We tested Web Trader as it seems the best trading platform in terms of functionality and design. If you would like to change the base currency of your account, you have to reach out to the City Index support team. What you need to keep an eye on are trading fees and non-trading fees. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.
Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk. Yes, our review of City Index found that this forex broker is regulated by ASIC in Australia, the FCA in the UK, and MAS in Singapore. These are all highly stringent and well-respected regulators that impose safeguarding policies. They also ensure the transparency of the broker’s dealings by requiring segregated accounts. If you need to talk to a representative, you can use the live chat feature, send an email, or call customer support.
FXGT Demo Account
You can deal with CFDs on forex, stocks, indices, commodities, and crypto trading is possible under certain conditions. UK clients can also get access to Spread Betting whilst options, bonds and ETFs are also available. 1 BIG SCAM Lost 10k with this fraudulent company last year the platform is well rigged aim is to give you a little then take all your money charts prices freezing of screens on mobile app and laptop.
