City Index was founded by GAIN Capital and is regulated by the Financial Conduct Authority. The company is based in London and has several offices in different cities worldwide, including the UK, Australia, Singapore, and Dubai.
- No withdrawal fees
- Great choice of assets
- Powerful search tools
- Great customer support
- No social trading data
- Limited choice of cryptocurrencies
City Index is a well-respected broker that is currently regulated in eight different countries around the world. It is also one of the most well-established and reputable brokerage companies operating today.
One of its advantages is its responsive and competent customer support service, which is available around the clock to all new and potential customers. Users first need to to ask their questions in the chatbot, which directs them to a human customer representative.
Our team of experts studied all the details of trading, using City Index, on various trading platforms, and so we have drawn our own conclusions, of which you can find below.
City Index – Who Are They?
City Index is a spread betting, forex, and CFD trading provider, based in the UK. It’s a leading broker that has operated on the trading market since 1983.
City Index is an excellent trading broker that allows you to trade in a well-regulated trading environment on several convenient trading platforms. What’s more, the broker can boast of a competitive pricing structure and a wide selection of over 12,000 assets.
Using City Index’s services, you can trade CFDs on over 4500 shares of the most popular public companies in the world. The broker also offers forex CFD markets for over 65 global currency pairs. You can choose among USD, GBP, EUR, and other cross-currency pairs.
City Index has a really powerful research portal, which is updated every day with the latest market reviews and news. There are tons of videos, articles, news pages, and even webinars, although some of its content requires a paid subscription.
Compare City Index Features With Other Brokers
Our Opinion About City Index
City Index is an excellent trading platform that is suitable for novice traders and those with an intermediate level of trading skills. The broker has a lot to offer newcomers: various educational materials and powerful research tools that allow them to understand the trading market better.
Moreover, the broker offers a closer look at their trading platforms by using a demo account, which is absolutely free for 12 weeks. This is ideal for new traders who are not sure whether to choose City Index. Those who have just started their trading journey can trade £10,000 in virtual cash and study, in detail, how City Index actually works, before making a commitment.