City Index Review

This City Index review was conducted by the team of Miniforex.com for those who want to know about how to open a trading account with City Index broker. As one of the most established and oldest Forex brokers in the world, CityIndex has grown up to be one of the world leaders in CFD trading and spread betting. In 1983, The Company was established in the UK and has been around for over 30 years, a time period that is practically unnoticed of in the industry. It presently boasts over 400 employees internationally. They have satellite offices in Singapore, Poland, Australia and China and transact in additional of 2 million trades each month for individuals in over 50 countries internationally. City Index is regulated and authorized by the UK’s Financial Conduct Authority (FCA).

City Index has in recent times been acquired by GAIN Capital Holdings, Inc. a universal leader in online trading, making a retail business with over 235,000 funded accounts, 1.2 billion dollars in customer assets and 3.1 trillion dollars in yearly trading volume.

City Index offers competitive spreads and access to thousands of marketplaces worldwide comprising commodities, shares, interest rates, indices, currencies, bonds and more. The company has been the recipient of numerous awards over the years for their CFD, spread betting and Forex trading services as well as product innovation.

City Index demo account

I was happy when doing this review that broker provides a free demo account. Actually, there are 2 different demo accounts.

This City Index Demo is presented for a two-week period and permits a trader limitless access to his trading platform and a virtual cash balance of 2,500 dollars. I would have chosen a longer demo time, but it is probable that traders can ask for an extension if they’re not fairly ready to take the plunge and risk their money in a real trading account.

The MT4 Demo account provides traders all the functionality of the trustworthy MT4 platform plus exclusive City Index features comprising free and unlimited access to our trading platforms for 4 weeks, 10,000 dollars virtual cash balance, the aptitude to trade Forex pairs from a number of platforms, access to minor, major and exotic Forex pairs and more.

To open a free demo account with the broker you can visit “ForexSQ” City Index review page.

Deposits/Withdrawals

Deposits can be made to a City Index account through debit and credit cards. Withdrawals are made in the similar way. The minimum withdrawal amount is 50 dollars or the remaining account balance whichever the minimum is and the maximum withdrawal in a single transaction is 20,000 dollars.

Customer Support

Customer support is presented 24/5 through international or local telephone or email chart. Their live chat service is superb and can be accessibly reached from any one of their pages. Chat is presented in numerous languages depending on where the trader is coming from.

Conclusion

For more information about the broker visit “TopForexBrokers.com” forex broker rating website the City Index review page. Overall, we found CityIndex broker to deliver all the important information required by a trader presented in a manageable, organized format. The CityIndex has branches in Singapore and Australia. Greatly missing were some promotions or bonuses that would attract additional customers, Wikipedia says. The important advantage of the broker is it’s regulated by FCA .

The broker has Android app and IOS application for mobile trading.

If you like this City Index review conducted by www.Miniforex.com then share it on social media networks please. You can follow CityIndex.co.uk on Youtube, Twitter, Google+, facebook and LinkedIn.

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