You can trade across diverse financial markets, including Eurodollar, Euribor, and Short Sterling rates, and profit from both rising and falling interest rates. You can trade 20+ major global indices at City Index, including the UK 100, Wall Street, and Germany 40. Choose between spread betting and CFD accounts and enjoy competitive spreads on European, US, Asian, and Australian indices. You will receive £10,000 in virtual funds to practice trading across a wide range of markets, all without risking any real money. Experience with advanced trading tools, competitive spreads, and outstanding customer support. Believe it or not, an online broker is a financial institution designed to help customers purchase different securities such as stocks from one of the best trading platforms…
- Trade bond markets like the UK Long Gilt, Euro Bund, and US T-Bond with ultra-tight spreads starting at just 0.02 points.
- For this exercise, we used 6 major currency pairs and then averaged the spread result.
- City is available only in Australia, Singapore, and the United Kingdom.
- City Index provides a compelling mix of platforms, allowing users to match their trading strategy with the right tools.
- With market-leading spreads, including 0.4 points on major indices and 0.5 points on gold, the broker ensures competitive pricing for traders.
The series follows a group of novice traders learning how to trade over a period of six weeks. City Index also produced its Celebrity Trader series, where celebrities share their own trading tips and tricks. Archived webinars such as the “Become A Trader” series are also available on City Index’s YouTube channel.
It’s to establish a sense of safety and confidence in you until you decide to spend your own money. Understand the trading resources available with City Index, Startrader & freetrade below. If trading forex pairs is of interest to you then City Index offer over 100 forex pairs.
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- We have worked to gather hundreds of data points about City Index to give you the most comprehensive guide available.
- It can be a good mobile trading app for beginners as it has tutorials and demo instructions that teach you how to use the app.
- The project involved eight amateur traders competing over six weeks, with the winner receiving a cash prize of £100,000.
- City Index also includes excellent trading conditions which are available to all and not just an elite class of institutional customers.
- This City Index review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks. Benzinga has completed a City Index Review, one of the world leaders in spread betting and CFDs, to help you determine if it’s the choice for you. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
How can I start trading with City Index?
To access the trading strategy course, forex traders need to open an account with City Index and make a minimum deposit. Like with most forex brokers, we can confirm that City Index uses MetaTrader 4 (MT4) as its basic trading software. MT4 is the dominant platform used in the forex market and is available on both Windows and Mac devices. Both accounts have no commissions with spreads from 0.5 pips, the only difference is the trading platform you use. With the MT4 trading platform and no commission trading, we look at what they offer the markets in Australia, The UK, and Singapore. Yes, City Index provides a mobile trading app for both iOS and Android, allowing users to trade on the go with full access to platform tools and market data.
With award-winning tools, lightning-fast execution, and strong financial backing from 🇺🇸 StoneX, it caters to traders seeking performance, stability, and global access in one platform. City Index is a global leader in multi-asset trading with a 40-year legacy. Backed by 🇺🇸 NASDAQ-listed StoneX Group, the broker provides secure, instant access to 13,500+ markets. Its industry-leading execution speed of 0.02s and a 99.99% trade success rate make it a preferred choice among over 1 million account holders. Yes, City Index offers virtual portfolio accounts so you can test your trading strategies before risking any real money.
Insights from Real Traders
At TradingCritique, our reviews, comparisons, and trading guides are based on independent research and verified information from reliable sources. We earn a commission when you use links from our partner brokers, at no additional cost to you. This does not influence our ratings, recommendations, or editorial opinions in any way. Our mission is to maintain honest, accurate, and transparent content to help traders make informed financial decisions.
About the Editorial Team
Besides this, they have an analysis report generated by City Index’s research team. Overall, the broker has a comprehensive range of research resources at your disposal. In 2005, it acquired IFX Group, owner of FX broker IFX Markets and spread betting provider Finspreads, a London-based company founded in 1999. The Finspreads brand was relaunched in January 2013 https://traderoom.info/city-index-forex-broker/ but ceased operations on 24 March 2018, when all existing Finspreads accounts were migrated into City Index. In 2006, the company opened offices in Sydney, Singapore, and Shanghai to serve clients across the Asia Pacific region. The City Index fundamental and technical analysis portal offers you practical trading ideas as well as the resources to do in-depth market research.
City Index, part of 🇺🇸 NASDAQ-listed StoneX Group, delivers over 40 years of trading expertise while prioritizing client security. Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms. City Index offers over 25 cryptocurrency markets for trading including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). And like CFD trading, when spread betting, there are no commission costs.
Use our country selector tool to view available brokers in your country. We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. City is available only in Australia, Singapore, and the United Kingdom.
Does City Index offer a demo account?
With Chasing Returns’ in-depth Performance Analytics tool, you can track your personal trading performance and find your most productive trading behaviours. Analyze your trading tendencies, best and worst deals, top-performing markets, and much more. They give critical information at a look about what a market’s pricing has been historically and where it is currently. Charts are very significant to Technical Analysts because they think that historical patterns are based on human behaviour and that they frequently repeat themselves. To identify prospective trading opportunities, the SMART Signals engine employs a selection algorithm that automatically monitors 36 key worldwide markets across thousands of price data points.
When you open an account you gain access to an impressive educational trading academy. In addition to these methods, traders can also find the answers to a range of frequently asked questions in the FAQ section of the brokerage’s website. Traders are able to speculate on a broad array of bonds and interest rates including US T-notes, UK Long Guilts, Euro Bund markets, and Eurodollar and Euribor rates. City Index offers 20 of the leading global indices including Australia 200, UK 100, Singapore, and Wall Street index for trading.
You will find they have very competitive fees and a great range of Trading Products that you can access on powerful yet user-friendly platforms for all of your desktop, web and mobile devices. Overall, I would say they are an excellent choice of broker for anyone looking to trade in a regulated environment with an established broker. City Index is based in the UK and provides Spread Betting, Forex, and CFD trading services. City Index has the official right to operate in markets as the Financial Conduct Authority regulates it on its parent company’s name, i.e., “GAIN Capital’. Traders can access a great selection of over 12,000 markets via a single powerful desktop platform when dealing with Forex, Indices, Shares, and Commodities. In addition, City Index provides a wide range of accessibility for traders through the Web Trader, Mobile Trading App, and the ever-popular MetaTrader platforms.
You can also use it to gain access to forex spot trading, but it can only be done through MT4 and the pricing seems a bit high. The FSCSS holds client funds in segregated accounts and there is a deposit compensation scheme available in the U.K. You can get a 90-day trial for FX Trader trading alerts from Faraday Research. Exchange data is fed into platforms and the broker doesn’t charge anything for the data. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.