CityIndex is one of the most recognizable brokerage firms in the world; this brokerage has been around for quite a while too. It has been acquired by some of the best trading firms in the business, and that makes it even more reputable and reliable as a financial institution.
CityIndex has been in business for over 29 years, and they are owned by one of the most reputable companies in the finance industry, GAINS Capital UK Ltd.
GAINS Capital UK Ltd is part of the larger GAINS Capital Holdings, Inc who are listed on the New York Stock Exchange as (NYSE: GCAP).
CityIndex Review
CityIndex has been known to be a top provider of spread betting, CFD, and forex trading services in the United Kingdom and because of this reason they are registered in England and in Wales under the reference number 1761813, they are regulated by the Financial Conduct Authority under the reference number 113942, and their VAT number is 524837435.
All these measures are put in place to protect the trader or client and their funds they have deposited into their CityIndex accounts.
They have not limited to the United Kingdom alone, but they have spread their wings to other established financial districts in the world, they can be found in Singapore, China, Dubai, and Australia.
They have been achieving very notable strides in their growth over the years, and this can be explained by their ability to execute over two million trades a month for their clients who are from fifty countries around the world.
One of the reasons why their services are highly acclaimed is because they use innovative technology to create their trading platforms either their web-based platforms or their mobile trading platforms.
They have also recognized by some award bodies in the financial industry that is viewed as one of the best platforms to be recognized as a broker in the trading business.
They have won awards from; Shares awards, UK Forex, Money AM, and UK Online Personal Wealth Awards, these awards are based on their brilliant trading platforms and especially the mobile trading platforms, their customer services, and their innovations that have helped revolutionize the trading business.
They have also been on the forefront of providing educational material for their clients, and this has made them have a large group of very profitable traders in the trading industry, and that is the joy of any broker around the world, having a group of satisfied clients.
More on CityIndex can be found on their website www CityIndex co uk which is a very well structured website which is very easy to navigate, one of the reasons finding any vital information about CityIndex is quite easy.
CityIndexuk Trading Platform
CityIndex has one of the best web trading platforms in the world; their web trading platform facilitates easy trading because of the features that it has.
These are some of the features that make it so unique and likable among its users. The trader can trade directly through the charts through a feature called the one-click dealing; the screen layout of the web-based platform is customizable to suit the preference of the trader.
The web platform comes with additional features that make it even more special; it has multiple charts to select from, and this makes it very appealing because one can switch from charts based on different time frames and chart types as in line charts, candlestick charts, and bar charts and more that are in their selection.
The web platform has a feature that can be one of the most important for any trader; that is the watch list which is created and edited by the user or trader.
The watch list will consist of the markets you are anticipating to trade and the markets you often trade; it is easier to access the assets you are trading from the watch list than from the entire list of assets being traded.
CityIndexuk also has another platform which is popular among the trading community especially those who trade the forex market; the MT4 is in their selection of trading platforms.
With this platform, you get to trade using the expert advisors or rather automated trading as it is known by many. The trader can use a maximum of 200:1 leverage; it also has one click dealing for quick trade entries and exits right from the chart.
MT4 has one of the best charting packages among other trading platforms in the trading industry, and that is one of the reasons CityIndex opted to include it in their platform selection.
The last of the trading platforms is the mobile trading platform that is built to suit various operating systems such as; Android, iOS, Windows, and Blackberry.
It offers full access to the market, live streaming of the charts, and the trader gets access to live news, and access to the economic calendar to keep in touch with what is happening and anticipating any major changes in the market.
Educational Resources
CityIndex knows how important it is to have a client who has a good understanding of the market. They clearly know that an educated client will always stand a chance to stay longer in the industry and become better at their trading rather than the uninformed one.
That is why they have created one of the best educational resource sections available to their clients. Their education covers how to guides, webinars; there is a video library, and a glossary list to help the trader keep up with the trading jargon.
The most appealing part of their education is their Trading Academy that is set in a manner that it is meant for education and at the same time the traders get to compete for 100,000 Pounds.
This gives the students motivation to study hard and become better traders in the long run, and from this academy very profitable traders have been realized.
