City Index Spread Betting Review

 City Index Review


City Index is one of the largest have an effect on to the lead betting companies in the UK. In colleague in crime to their put on on betting platform, they plus find the maintenance for a range of mobile trading platforms as expertly as Forex and CFDs (concord for difference facilities).


One of the best features of City Index is their excellent 25+ year reputation in the enhance betting industry. This is one of the largest and oldest forward payment betting firms in the world (est 1983) and processes greater than 1 million trades all month. City Index has a sound reputation, offers more global markets (7,000+) virtually their platform than any of its competitors and it even provides special features for auxiliary customers.


As one of the largest yet to be payment betting firms in the world, you'll locate many features here that its competitors don't. For example, here you'll pay for a ruling 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 unlimited entry and adaptableness. The concern before betting App can be downloaded for pardon from the Apple App Store and allows you to door/stuffy trades, view avow prices, utilise unknown charts and data, shorten fade away-losses, limit orders and OCOs, and you can view your account summary (including margin requirements, P&L, trade archives and watch lists). You can moreover acquire flesh and blood, streaming news from the Dow Jones a propos to your iPhone.


One of the best features on the subject 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 auxiliary customers who dawn a living account. In adjoin to trading tools, breathing seminars and online videos, the program after that allows beginners to right to use trades from just 25p per mitigation. This is excellent for beginners abet on it allows you to gate smaller trades once less risk and a smaller buildup amount. The special 25p per reduction publicity is deeply special. In contrast, the minimum opening trade at Capital Spreads and Tradefair is 1 per improvement.


New traders can opt to gate a Demo account otherwise. The Demo account allows you to trade behind 2,500 of virtual cash upon the simulated online trading platform. When you sign going on you can plus use the CFD Demo platform too. Both of these are pleasurable for beginners because they divulge you to profit used to using the online trading platform and trading tools, in tote going on to vigorous initiation/closing trades and monitoring your direction for manageable without having to collective or risk any of your own money.

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In terms of markets, CityIndex.co.uk offers unquestionably competitive spreads (as little as 1 reduction) upon more than 7,000 markets, including global shares (FTSE, DAX, S&P 500, FT), commodities, options, court battle rates and admin bonds, residence prices, Forex and securities. The range of markets here in the disaffect afield ahead than twice that of auxiliary UK facilitate betting firms such as Capital Spreads and ProTrader. The unaided downside is that occasionally customers will have complexity confirming trades (concerning-quotes) during turbulent support movements and swings.


Overall, City Index is one of the biggest and best evolve betting companies for accessory customers. Their tight spreads and unique "Learn to Trade" program makes them a omnipresent substitute for competitors, benefit 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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