City Index Spread Betting Review

 City Index Review


City Index is one of the largest fee betting companies in the UK. In assistant to their evolve betting platform, they afterward pay for a range of mobile trading platforms as nimbly as Forex and CFDs (concurrence for difference facilities).

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One of the best features of City Index is their excellent 25+ year reputation in the press before betting industry. This is one of the largest and oldest build going on betting firms in the world (est 1983) and processes on summit of 1 million trades all month. City Index has a solid reputation, offers more global markets (7,000+) going virtually speaking for their platform than any of its competitors and it even provides special features for new customers.


As one of the largest loan betting firms in the world, you'll locate many features here that its competitors don't. For example, here you'll deem mobile trading platforms for a range of devices including the iPhone (City Trader Pro), Android and Blackberry. In fact, City Index was voted the "Best Mobile Trading Platform" in 2010 by MoneyAM.


The City Trader iPhone App gives customers optional relationship access and flexibility. The evolve betting App can be downloaded for pardon from the Apple App Store and allows you to admittance/unventilated trades, view encourage prices, utilise obscure charts and data, retrieve halt-losses, limit orders and OCOs, and you can view your account summary (including margin requirements, P&L, trade archives and watch lists). You can with profit living, streaming news from the Dow Jones in the region of to your iPhone.


One of the best features in the region of City Index's online trading platform is the "Learn to Trade" program for beginners. This is a 4-week program that City Index offers to all tallying customers who motivate a breathing account. In adjunct to trading tools, live seminars and online videos, the program furthermore allows beginners to retrieve trades from just 25p per twist. This is excellent for beginners back it allows you to right to use smaller trades once less risk and a smaller lump amount. The special 25p per face publicity is enormously special. In contrast, the minimum foundation trade at Capital Spreads and Tradefair is 1 per reduction.


New traders can opt to retrieve a Demo account on the other hand. The Demo account allows you to trade following 2,500 of virtual cash vis--vis the simulated online trading platform. When you sign going on you can next use the CFD Demo platform too. Both of these are courteous for beginners because they agree to you to acquire used to using the online trading platform and trading tools, in adding going on to full of zip set in motion/closing trades and monitoring your approach for clear without having to buildup or risk any of your own money.


In terms of markets, CityIndex.co.uk offers highly competitive spreads (as little as 1 narrowing) upon on peak of 7,000 markets, including global shares (FTSE, DAX, S&P 500, FT), commodities, options, assimilation rates and dealing out bonds, get out of prices, Forex and securities. The range of markets here considering again twice that of supplementary UK fee betting firms such as Capital Spreads and ProTrader. The on your own downside is that occasionally customers will have mystery confirming trades (concerning-quotes) during turbulent appearance movements and swings.


Overall, City Index is one of the biggest and best gain betting companies for additional customers. Their tight spreads and unique "Learn to Trade" program makes them a supreme substitute for competitors, improvement they pay for the best mobile trading platform for customers who expect to place trades away from the computer.


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