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When you purchase an independently reviewed book through our site, we earn an affiliate commission. The format allows the producers to take the time to get to know the various players, including Miep and Jan’s sweet, awkward courtship. That pays dividends later as the two are tested, separately and together, as they seek to help those displaced and endangered by Nazi atrocities.
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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.
A 12-week demo account with 10,000 credits is available for both retail and professional traders to explore and make a clear decision on whether City Index is a worthwhile broker. The demo account is separate from the live platform, and traders can’t toggle back and forth between the two platforms. City Index offers a standard trading account, a professional account , and two types of demo accounts.
Pro’s & Con’s Of Trading With City Index
Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies . City Index’s proprietary Web Trader platform delivers a rich trading experience while providing access to City Index’s full product offering. Web Trader offers excellent trading tools and a variety of advanced features, and delivers access to more tradeable markets than MT4. Like other brokers in the U.K., City Index offers spread-betting across its available markets, providing tax efficiencies for U.K.
- City Index is fully regulated by three tier-1 regulators .
- There’s no minimum time on which a transaction must be kept open.
- City Index is an award-winning online broker with many noteworthy achievements throughout the past five years.
- City Index enables trading of over 4,500 global shares as CFDs where traders can speculate on long or short positions.
- City Index delivers an average spread of 1.0 when trading the EUR/USD within a standard account.
Depositing money into the City Index trading platform is simple. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You will have to give an identity proof and evidence of residency to deposit large amounts. For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the agent beforehand.
Review Methodology
You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements. Below we take the main parts of any good online trading platform and compare City Index against freetrade, and easyMarkets. Many less reputable brokers try to pressurise users into larger financing for superior services. Traders can expect trading conditions to be fair, honest and transparent.
At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission city index review from some of its partners with no additional cost to you . All you need to know about the City Index customer service.
City Index App 🤖
There is however a minimum withdrawal limit of $100, and a maximum of $20,000 at any one time. Given that it is spread betting you also will not have to pay UK Capital Gains Tax or Stamp Duty. The minimum trade size here is low and accessible at just 50p per point, and no commission is charged. With so many assets to choose from, City Index, like many others, understands the choice may not be simple. For that reason, they offer a demo account that can be a great help in getting to know the broker better. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice.
It’s a bit more tricky if you want to talk to a real person. You have to type ‘agent’, after which the chatbot offers to connect you with a sales or support agent. City Index charges no deposit fees.Besides bank transfer, you can use credit/debit cards and PayPal to deposit funds. Once the account base currency is set, you can fund your account only with the same currency. We also compared City Index’s fees with those of two similar brokers we selected, CMC Markets and XTB.
The trader resource section at City Index is very comprehensive for new dealers as it permits them to have a closer look in the financial markets. City Index caters to all types of traders and are a must-have broker for almost any well-diversified method of trading. City Index is a favourite of many stock dealers because of its negative balance protection. Our City Index account review found that they are a superb solution for online trading solutions. They’re best suited for investors that are searching for an assortment of assets.
City Index are illegally holding money
The tight spreads and fast executions are a fantastic benefit for all traders. The technology embraced by City Index is of the maximum caliber, ensuring that it’s fast, reliable, and efficient. Our entire City Index review for beginners covers all you will need to know about trading via City Index.
Queen Denise k helped to escalate my account creation request which resolve my issue And joseph K managed to get my connection back to queen Denise although I had lost connection earlier. Thanks to these 2 dedicated support team members for the seamless chatsupport. Yes, based on our data matrix, testing, analysis and the fact they https://forexbroker-listing.com/ are regulated by the FCA City Index is a good broker. Your funds are also protected under the FSCS with City Index. Obviously, they have access to more than the usual markets plus some nice thematic-themed indices , and a good pool of sectors to speculate on. You can also trade options on a good range of indices and commodities.
Funds withdrawn via card take 3 to 5 working days to arrive, while domestic bank withdrawals generally take one to two days. After completing this information, traders may have to submit additional information to verify their identity. City Index does not charge commissions, only certain fees.
I am a very satisfied customer of more than 5 years standing. We are sorry you have not had the easiest experience with CityIndexCity Index. An unfavorable note is the fact that Bitcoin is not open for trading during the weekend. But I only give four stars because I think there is a pretty big fail in the area where ‘Available to trade’ meets ‘Minimum trade size’ and ‘Margin required’. Everything appears normal until you want to make a withdrawal- that’s when the issues start.
City Index is also among the most popular online forex brokers in India where they are well-known for their great all-around offer, as well as their trustworthiness. Having this in mind, you can definitely say City Index is a reputable online brokerage with a worldwide presence. We appreciate that you took the time to review us, and hope you continue to enjoy trading with us.
Our support team is always available via phone, email, or live chat whenever you require additional assistance. There may be a number of reasons why your withdrawal process has been delayed. Our client management team will be able to help you sort out any issues you may be facing. They are available 24/5 via live chat, email (), or phone .