City Index Review

City Index was founded in 1983, headquartered in the UK, and regulated by the financial conducting authority (FCA). StoneX Group Inc. (NASDAQ: SNEX) is City Index’s parent business, and it is one of the world’s leading retail and institutional trading providers, having a good track record of delivering trading services to retail and institutional customers. The quarterly and yearly financial statements of StoneX Group Inc. are available on the StoneX Investor Relations Website.

City Index is one of the leading online brokers in the world. They have over 35 years of experience and cater to over 150,000 traders from different parts of the world, offering fast and reliable trade execution speeds via their award-winning platforms and technology across multiple devices. The broker gives traders access to over 12,000 markets across forex, cryptocurrency, stocks, indices, options, bonds, spread betting, ETFs, metals, energies, and other commodities.

Markets

City Index offers over 12000 trading instruments in spread betting and CFDs trading from popular asset classes such as forex, cryptocurrencies, stocks, indices, commodities, interest rates, bonds, and options.

Platforms

City Index provides traders with fast, flexible, and reliable trading platforms that are available in multiple versions — desktop, web, and mobile. With over 16 chart types, real-time news from Reuters, and 80+ technical indicators, the City Index trading platforms can be customized to suit individual traders’ needs.

Here are the platforms provided by this broker:

City Index Advantage WebTrader Platform

The robust City Index Advantage Web platform includes advanced configurable charts as well as a variety of clever trading tools and custom indicators. It uses quick and dependable HTML5 technology to provide a dependable trading experience. You may set up and personalise numerous workplaces and switch between them with a simple click. Smart trade tickets with trade risk management are available on the internet platform. Stops and limit orders can be set in terms of points, profit/loss, or price. This makes it easier to make changes to orders. The real-time margin calculator can assist you in keeping control of your trading selections. The platform is simple enough for beginning traders to use while yet providing extensive features for more experienced investors.

City Index Web Trader Platform
City Index Web Trader Platform

The following are the primary characteristics of the online trader platform:

  • HTML5 is a powerful technology. HTML5 technology is fast and dependable, allowing for peak performance.
  • Completely customizable Platform: For maximum freedom, choose between numerous personalised workstations.
  • Intelligent Trading Instruments: Advanced risk management tools enable smarter trade tickets.
  • New Advanced Charts: Use custom indicators and precise drawing tools to trade using charts.

City Index Mobile Trading App

City Index provides mobile trading apps for iOS and Android, allowing you to access your account from anywhere you are in the globe at any time. These applications offer secure 24-hour account access, live charts, and prices, as well as an integrated Reuters news feed and an economic calendar. You can place and manage trades by using mobile trading applications.

City Index Mobile Trading App
City Index Mobile Trading App

The following are the primary characteristics of the mobile trading platform:

  • Any time, any place: Trade on several platforms, open on your PC, and shut on your smartphone or tablet.
  • TradingView charts in real-time: With full-screen TradingView charts and a selection of 60+ technical indicators, you can plan your next trade.
  • Reuters reports: In the app, you may get the most recent global investment news from Reuters.
  • Cross-device trade: Close on mobile or tablet after trading on desktop. City Index accounts are compatible with a variety of devices.
  • Customized watchlists: Create and update numerous watchlists to keep an eye on your preferred markets.
  • Calendar of economic events: The worldwide economic calendar keeps you up to speed on market developments.
  • Device synchronisation: All of your account information, history, and preferences are synchronised across devices.
  • Chat in real-time: Through live chat, you may quickly contact City Index’s customer care staff.

AT Pro Trading Platform

AT Pro is intended for advanced traders who want more powerful analytical tools that are faster and more efficient. It has a completely customizable layout, allowing you to create your own customised trade templates or select from hundreds of pre-built trading templates.

City Index AT Pro Trading Platform
City Index AT Pro Trading Platform

AT Pro comes with a powerful charting package that includes over 100 indicators and a wide range of sketching tools for market research. There is a backtesting excel application that allows you to test the performance of trading signals over past data. It also includes a customizable economic calendar, Reuters real-time news, and an analytical site that automatically monitors the markets for chart patterns based on technical and fundamental research.

The following are the primary features of the AT Pro trading platform:

  • Charts that are effective
  • More than 100 technical indications
  • Work with charts
  • Various chart kinds
  • Several timeframes
  • Tools for sketching in abundance
  • Customizable graphs
  • Calendar of economic events
  • Reuters real-time news
  • Portal for technical and fundamental analysis

MetaTrader 4 (MT4)

The MetaTrader 4 (MT4) trading platform includes a plethora of built-in capabilities that are supplemented by City Index’s service, support, and pricing. MT4, created by the Russian software company MetaQuotes, is possibly the most frequently used trading platform and is usually regarded as the most user-friendly. It has a short learning curve, making it appealing to beginning traders while also providing enough advanced capability for seasoned traders.

City Index MetaTrader 4 Trading Platforms
City Index MetaTrader 4 Trading Platforms

MT4 allows you to perform detailed technical and fundamental chart analysis using the multiple indicators that it includes, as well as develop your own custom indicators, automated trading systems known as expert advisors (EAs), and much more. You may download thousands of free customisable indicators, scripts, and EAs in addition to the hundreds of built-in tools. In addition, there is a significant online MetaTrader community where users from all around the world discuss trading tools, methods, and signals.

When trading forex and other markets on the City Index MT4 platform, you may take advantage of ultra-tight spreads, quick trade executions, and unique trading features. MT4 is available for free on the Windows, Android, and iOS platforms. On all platforms, you may trade immediately through your MT4 account.

The following are some of the important features of the MT4 trading platform:

  • Real-time bid/ask quotes
  • Built-in indicators, scripts, and drawing tools
  • Strategy tester.
  • Customized tools
  • Multiple timeframes, chart styles, and order types
  • Templates for trading strategies
  • Interface fully customizable
  • Receive alerts through email, SMS, and platform pop-ups

Tools

In addition to the tools in the platforms, the broker provides other tools like Expert Market Analysis, Economic Calendar, Reuters Financial News, Trading Strategies, and Research Portal.

Smart Signals

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. Once it has found a pricing pattern that has historically been effective in a certain market, it will display it on the SMART Signals dashboard.

Charts

Charts are a must-have tool for traders of all skill levels. 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.

Trade Execution

City Index’s best execution policy ensures that all trades at City Index are executed as quickly as possible. If the price falls in your favour while your order is being processed, City Index will execute it at the lower price.

  • A variety of adjustable order types are available.
  • Go long and short at the same time.
  • Price reduction technique

Performance Analytics

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.

  • Tool for free, personalised analysis
  • Desktop and smartphone versions are available.
  • Examine your habits and performance in relation to the market, direction, or time of day.

SMS Volatility Alerts

With SMS Volatility Alerts, you can stay on top of any trade opportunities in your preferred markets. Simply choose as many markets as you like and receive notifications directly to your phone – complete with links to the platform that allow you to trade immediately.

Education

The broker provides clients with a large collection of educational materials to improve their trading knowledge and skills. Some of the educational resources provided include tutorial videos, articles, webinars, and more. Whatever your level of trading experience, City Index offers a wealth of training resources to help you enhance your trading knowledge and abilities. This comprises trading-related teaching videos, articles, seminars, tutorials, and practical examples.

City Index Research Portal
City Index Research Portal

There is a training section at City Index, with trading instructions covering everything from an introduction to the various financial markets to trading methods and chart analysis. You may learn how to employ a trading strategy, how to analyse charts using technical and fundamental analysis, how to manage risk in your trades, and much more. You may also stay up to date on the latest market news by reading City Index’s expert commentary. They even give an experienced relationship manager to customers for insight and trading help.

Technical and Fundamental Portal (Trading Central)

The City Index fundamental and technical analysis portal offers you practical trading ideas as well as the resources to do in-depth market research. By analysing the markets for chart patterns and trade settings, the City Index’s research portal, powered by Trading Central, will save you time. At a glance, the fundamental stock analyzer displays if a stock is overbought or oversold.

City Index Expert Market Analysis
City Index Expert Market Analysis

Reuters real-time financial news feeds data and market information straight into all trading platforms and apps. This is a terrific approach to stay up to speed on market news and to help with fundamental research. A worldwide research team at City Index delivers experienced market analysis in predicting prospective market moves and trading opportunities.

Economic Calendar

The City Index Economic Calendar provides quick access to key market events affecting the UK, US, Australia, Japan, Germany, and France. This is an important tool for traders since it allows you to understand the influence of significant market-moving events, allowing you to better plan your spread betting, CFD trading, or FX trading strategies.

Conclusion

City Index is a well-established and fully regulated broker that offers over 450 tradable instruments across different asset classes. They provide advanced trading platforms, tools, and educational resources.

City Index

City Index Logo

8.1

MARKETS

8.5/10

PLATFORMS

8.0/10

TOOLS

8.0/10

EDUCATION

8.0/10

PROS

  • Huge range of trading instruments
  • Powerful trading platforms and apps
  • Advanced trading tools
  • A good selection of educational materials
  • Various account types and funding options
  • Free demo trading accounts

CONS

  • Cannot accept USA traders
  • Inactivity fees
  • No swap-free accounts
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