CITY INDEX REVIEW

Commissions for trading CFD shares are quite expensive, but City Index is competitive on trading costs in other areas, such as forex and indices.

The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Just go to http: 

In sharp contrast to spread betting, the risks of binary betting are limited to the point that traders know exactly how much they stand to gain and lose when they open the binary bet.

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Site Strengths City Index has nearly thirty years of experience in the forex industry and has applied this knowledge and market profile to provide traders with an effective trading platform and low operating costs which are essential for successful trading. An advantage of trading with an experienced broker is that support is on hand for traders and whilst there are brokers operating on an even lower price margin it would be difficult to beat the level of support offered by City Index.

The level of service offered to customers by City Index defines the strength of the brand. Whilst trading costs are kept to a minimum the amount and quality of information available to clients is first class and helps position City Index as a leading forex broker which is the first point of contact for many traders.

I was really impressed with the clarity of information provided as this makes the process of conducting a trade so much simpler. The platform has been designed with traders in mind and caters for novice traders but the existence of the additional professional platform also satisfies the needs of more experienced traders.

Therefore, the closer the market price to when the binary bet is opened, the shorter the 'odds' that the market will close at a higher price than the day before. Imagine that the time is 11am and the UK has already gained 35 points on yesterday's close. The UK Up Binary bet price currently stands at From here, if you expected the UK to close at a higher price than yesterday's closing price, you might open a 'buy' position of GBP 10 per point at Unlike financial spread betting and CFD trading , binary betting limits your profit and loss potential, so you would already know that in the worst case scenario you would lose GBP 0 - You would also know that your maximum profit would be GBP - Let us then assume that the next few hours see the UK stay fairly static and remain 'up' by 35 points.

The UK Up Binary bet price now stands at Having reached this level of profit, you might decide to cash in your gains by selling GBP 10 per point at The room itself was divided into three sections with two large projectors arranged accordingly. I estimate that there would have been around people attending, maybe less, possibly more.

I was provided the usual material you would expect at such a seminar including the CityIndex books on spread betting and CFD's. I was also provided with a notepad, a pen, and the current edition of "Shares" magazine.

The information he provided was informative. Tom started with explaining exactly what and what not CityIndex is Then a definition of spread betting followed by what you can spreadbet in. Throughout the night Tom provided various examples of spread betting and the layout and explanation were very simple to follow. Tom continually raised the point that trading with CityIndexis the easy part The seminar had obviously worked as the amount of people madly filling in their application forms really surprised me.

I had no intentions of joining as I would like to learn more about the other players i. There was one point throughout the seminar that I thought was wrong if not wrong, maybe ethically incorrect. At the start of the evening Tom emphasised how how CityIndex was the leading spread betting firm for the last 2 years running or something to that extent However, at the same time people were filling out their application forms, Tom stated that in the middle of "Shares" magazine was a subscriber review.

The sort of thing that comes annually in every type of magazine - basically asking what company you feel delivers the best service in certain fields. Tom stated that if you were to also fill out the award review and write in that CityIndex was your favourite Spread Betting company, he would place them into a box and randomly draw one.

Suddenly I'm wanting to know what Tom meant at the start of the evening when he stated that CityIndex was the leading Spread Betting firm.

 

Notice for customers 

City Index is a leading provider of financial Spread Betting, CFD & Forex Trading. Join to trade online on a wide range of global markets.

Change your Password. Your new password should have a minimum of 6 characters and maximum of 20 characters. Your password will not be case sensitive. City Index is a global Spread Betting, CFD and Forex Trading provider based in the City of London and with 30 years' experience in executing quality trades on financial markets. Established in the UK in , City Index is one of the world leaders in Spread Betting, FX and CFD Trading. [email protected]; ; Popular. 

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Aug 29,  · Apply for a trading account through the app or at simpsons-online.tk City Index is a trading name of GAIN Capital UK Limited. Head and Registered Office: Park House, 16 Finsbury Circus, London, EC2M 7EB/5(). City Index. Secure MyAccount Login. Username. Password. Language. LOGIN. Forgotten your password? click here. MyAccount provides a convenient way for you to fund, request a withdrawal, update or manage your profile and more. You can also access MyAccount from all trading platforms.

Spread Betting with City Index is hugely popular as an alternative to standard forms of trading as it offers multiple benefits such as tax-free . City Index Singapore is one of the world leaders in CFD & Forex trading. City Index has nearly 29 years of industry experience. Open a new account in minutes.

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