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City Index Review – Is City Index Scam or Legit?

City Index Broker Rating
Account Types9.3
Trading Speed9.1
Customer Service8.8
Safety9.5
9.2
Conclusion
Read our City Index review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this City Index review before you sign up with the broker.

City Index Review

City Index logo

City Index is a multi-asset financial broker that offers traders the opportunity to trade with a vast range of products from Forex trading to Spread Betting. In addition, City Index offers its clients access to CFDs, Bonds, Stocks, and ETF’s either through their online platform. Let’s have a look at the detailed City Index brokerage review.

A broker that offers such a wide range of financial products and markets is bound to have something for everyone, and City Index is no exception, with traders able to trade all manner of assets on their platform. City Index was established in 1983 and is currently a member of the London Stock Exchange.

Regulated Broker

Regulation is perhaps one of the most important aspects that experienced traders look for when choosing a brokerage. Some of the strictest watchdogs in the industry regulate the city Index, including Australia’s ASIC and Singapore’s MAS. It is important to note that Gain Capital UK itself is regulated by the Financial Conduct Authority (FCA). This means that your money is segregated from the company’s funds.

Enriched Platform

City Index website

City Index recently underwent a re-branding process where they began focusing on their award-winning customer service model. This new service model is aimed at providing City Index traders with an enhanced experience through improved market responsiveness, faster withdrawals, advanced charting, and advanced trading tools.

This award-winning platform provides traders with one of the most robust platforms in the industry with real-time streaming news, technical analysis, and a huge array of tools that allow traders to personalize their trading environment.

Education

As an active trader, you need access to all relevant information to make the best trading decisions. That is why City Index has developed robust research and education platform, provided as part of your City Index Pro account:

  • Company fundamental data – including actual and forecast EPS numbers
  • An extensive technical analysis suite powered by Trading Central – which includes leading indicators such as trend lines, channels, and Fibonacci retracements
  • Earnings analysis to help you better time your trading decisions
  • City Index is proud to provide this vital market intelligence to all Pro account holders.

Customer Support

The Customer support team is available 24 hours a day, five days a week in 14 languages, including English, French, Spanish, Italian, and Russian. Customer service staff can be contacted through live chat or email. City Index has been awarded for its world-class Customer Support services, having received a triple AAA rating.

Spread Betting

In this case, financial spread betting may prove beneficial. This form of speculation requires no actual ownership and allows you to profit from rising and falling prices without actually trading the asset itself. Therefore, City Index provides this opportunity with the best educational resources and trading tools. Join them and enjoy spread betting right today with many other benefits.

Trading App

Their mobile app will allow you to provide unbeatable services for day traders. Their mission is to help you make more money by giving you access to things other brokers will not offer, like:

Trade stocks, futures, or CFDs on your phone or tablet, even on the go

Get real-time quotes and up to 7 years of historical data, as well as advanced charting tools

Trade a huge range of global stocks, indexes, futures, and forex pairs from a single account

Set price alerts that will deliver a notification to your phone as soon as your requested price level is hitTheir app works with any MT4 desktop platform, allowing you to trade Forex wherever you are.

Conclusion

The City Index Australia forex broker is one of the oldest names in the industry. They have been around for over 30 years, and while they did not initially offer their services online, they were quick to join this fast-growing market. City Index is a good all-around option for every kind of Forex trader. They have an unlimited range of trading assets. If you are an intermediate or beginning trader City Index may just be your perfect match, especially when it comes to their spreads, which are some of the most competitive around.

Mubashar Nawaz (United Arab Emirates)

Mubashar Nawaz is an experienced crypto writer working for Tokenhell. Having passion for writing, he covers news articles from blockchain to cryptocurrency.

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