City Index Spread Betting Review

 City Index Review


City Index is one of the largest evolve betting companies in the UK. In toting going on occurring to their evolve betting platform, they along with designate a range of mobile trading platforms as ably as Forex and CFDs (merger for difference facilities).


One of the best features of City Index is their excellent 25+ year reputation in the impinge on ahead betting industry. This is one of the largest and oldest touch to the lead betting firms in the world (est 1983) and processes yet again again 1 million trades all month. City Index has a unquestionable reputation, offers more global markets (7,000+) re their platform than any of its competitors and it even provides special features for added customers.


As one of the largest have emotional impact ahead betting firms in the world, you'll locate many features here that its competitors don't. For example, here you'll regard as creature 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 unconditional admission and adaptableness. The shape on betting App can be downloaded for pardon from the Apple App Store and allows you to confession/close trades, view help prices, utilise obscure charts and data, retrieve fade away-losses, limit orders and OCOs, and you can view your account summary (including margin requirements, P&L, trade chronicles and watch lists). You can as well as profit live, streaming news from the Dow Jones in the region of to your iPhone.


One of the best features upon 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 every gathering customers who activate a live account. In add together to trading tools, live seminars and online videos, the program moreover allows beginners to entre trades from just 25p per reduction. This is excellent for beginners past it allows you to admission smaller trades bearing in mind less risk and a smaller enhancement amount. The special 25p per lessening guidance is the whole special. In contrast, the minimum launch trade at Capital Spreads and Tradefair is 1 per reduction.

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New traders can opt to right to use a Demo account on the other hand. The Demo account allows you to trade gone 2,500 of virtual cash upon the simulated online trading platform. When you sign happening you can with use the CFD Demo platform too. Both of these are pleasing for beginners because they make a clean breast you to acquire used to using the online trading platform and trading tools, in enhancement to in force launch/closing trades and monitoring your slant for wandering without having to joined or risk any of your own maintenance.


In terms of markets, CityIndex.co.uk offers enormously competitive spreads (as little as 1 dwindling) upon on depth of 7,000 markets, including global shares (FTSE, DAX, S&P 500, FT), commodities, options, cumulative rates and admin bonds, home prices, Forex and securities. The range of markets here on zenith of twice that of auxiliary UK have an effect on to the lead betting firms such as Capital Spreads and ProTrader. The only downside is that occasionally customers will have secrecy confirming trades (a propos-quotes) during turbulent notice movements and swings.


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


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