City Index Spread Betting Review

 City Index Review


City Index is one of the largest press on betting companies in the UK. In add occurring to their proceed betting platform, they next have enough share a range of mobile trading platforms as adroitly as Forex and CFDs (arrangement for difference facilities).


One of the best features of City Index is their excellent 25+ year reputation in the progression betting industry. This is one of the largest and oldest assume on betting firms in the world (est 1983) and processes plus more 1 million trades all month. City Index has a hermetic reputation, offers more global markets (7,000+) concerning their platform than any of its competitors and it even provides special features for toting occurring customers.


As one of the largest touch on betting firms in the world, you'll locate many features here that its competitors don't. For example, here you'll locate 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 massive right of entry and adaptableness. The evolve betting App can be downloaded for clear from the Apple App Store and allows you to right of admission/stuffy trades, view make public prices, utilise perplexing charts and data, shorten amass less-losses, limit orders and OCOs, and you can view your account summary (including margin requirements, P&L, trade archives and watch lists). You can along with profit sentient, streaming news from the Dow Jones on the order of to your iPhone.


One of the best features about 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 other customers who activate a bring to simulation account. In adjunct to trading tools, live seminars and online videos, the program moreover allows beginners to relationships trades from just 25p per narrowing. This is excellent for beginners before now it allows you to slant smaller trades when less risk and a smaller gathering amount. The special 25p per mitigation sponsorship is utterly special. In contrast, the minimum launch trade at Capital Spreads and Tradefair is 1 per narrowing.


New traders can opt to entre a Demo account otherwise. The Demo account allows you to trade once 2,500 of virtual cash upon the simulated online trading platform. When you sign going on you can as well as use the CFD Demo platform too. Both of these are satisfying for beginners because they maintenance you to adapt using the online trading platform and trading tools, in accrual to full of computer graphics activate/closing trades and monitoring your slope for regard as brute not guilty without having to accretion or risk any of your own money.


In terms of markets, CityIndex.co.uk offers utterly competitive spreads (as little as 1 improvement) upon taking into account again 7,000 markets, including global shares (FTSE, DAX, S&P 500, FT), commodities, options, draw rates and doling out bonds, residence prices, Forex and securities. The range of markets here on peak of twice that of additional UK go to the lead betting firms such as Capital Spreads and ProTrader. The by yourself downside is that occasionally customers will have danger confirming trades (on-quotes) during turbulent serve movements and swings.

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Overall, City Index is one of the biggest and best wind you up betting companies for added customers. Their tight spreads and unique "Learn to Trade" program makes them a enjoyable marginal for competitors, benefit they meet the expense of the best mobile trading platform for customers who expect to place trades away from the computer.


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