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cityindex

CityIndex Review 2024

by

CityIndex

Broker :

CityIndex

Founded :

1983

Headquarters :

London, United Kingdom

Trading Desk :

ECN/STP

Regulation

ASIC, MAS, CySEC, CIMA and FCA

Website :

cityindex.com

Forex margin trading involves substantial risks. 72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.


Brokers Score
Brokers Rating :
Trust and Safety :
Commission and Fees :
Tradable Instruments :
Customer Support :
Education :
Account Types :
Trading Platforms :
Deposit and Withdrawals :

Accounts :

Max Leverage :

1:30

Min Deposits :

$0

Base Currencies :

EUR, USD, GBP, AUD

Swap Free :

Demo Trade :

Yes

Copy Trading :

Yes

Commission :

Included in Spread

Hedging :

Scalping :

Platform :

MT4, TradingView, WebTrader and Mobile App

Regulation :

ASIC, MAS, CySEC, CIMA and FCA

Products :

Bonds, Commodities, Stock CFDs, Forex, Indices, Interest Rates, Metals

Language :

English

Support :

Address :

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

CityIndex, a brokerage founded way back in 1983, is a solid option for traders, especially those who are new to the game. They offer a simple account structure with no minimum deposit to get you started. They also boast a wide variety of tradable assets, including stocks, currencies, and even cryptocurrencies – over 4700 in total!

What really sets them apart is their commission-free account with tight spreads, meaning you get more bang for your buck on trades. Plus, you have the choice of using the popular MT4 platform or their own web-based platform that allows for customization and even automated trading strategies. They even have a great educational section for beginners and insightful market analysis to help you form those trade ideas. Overall, CityIndex is a well-rounded broker that holds its own against the big players.

Pros

Globally Regulated
Wide range of assets
Low deposit and tight spreads
Tax-free trading across all markets
24/5 dedicated customer support

Cons

Slow withdrawals
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