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Trading signals can clearly display all possible entry and exit points for a trade. There are also backtesting capabilities. The final option is the industry standard MetaTrader 4 MT4 platform.
Opt for this software and you get an advanced charting package, a huge array of technical indicators and generous customisability options. APIs are supported so automated trading is also available. Furthermore, the platform is reliable and straightforward to navigate. You get access to newsfeeds, other traders and extensive historical data. Not to mention there are a host of online seminars you can take to make the most of the platform.
So whether you use scalping or news strategies, the MT4 platform should be able to comfortably meet your needs. Overall this City Index broker review found customers were extremely satisfied with both the breadth and depth of platforms on offer. There truly is something for all types of intraday traders. Once you sign up and have chosen from the range of products and markets, you can also download the City Index app.
From the app, you can conduct technical analysis, react to market news, check your positions, plus enter and exit positions while on the move. In fact, you will get:. Not to mention, you can get help through their live chat support from inside the application. On top of that, navigation is hassle-free, regardless of whether you want to track account profits or customise charts.
Despite promising reviews, trading from your phone only would mean you miss out on the comprehensive functionality offered by the desktop platforms. Before you can generate earnings trading oil and gold futures, you will need to fund your City Index account. Deposits can be made via:. Withdrawing your funds can be carried out in the same way.
It usually takes three to five days for international withdrawals and one to two days for the domestic withdrawing of money. However, you also have the option of a VIP account. This you will get a number of benefits, including:. But if you do qualify then you may get an enhanced forex and options trading experience, as well as better spread betting deals.
City Index offers two totally free demo practice accounts. You can learn to trade, conduct market analysis and get familiar with the markets. The second option is a standard City Index demo account. Customer reviews rate the practice accounts highly. This is because once you have your demo login details, you get access to real-time pricing on thousands of markets, including shares and bitcoin.
Options markets offer traders a wide range of opportunities across markets including Indices, Commodities, FX and Metals. At City Index you can strengthen your investment portfolio by trading Options with a Spread Betting or CFD Trading account with daily, monthly and quarterly contracts available. Options & CFD trading strategies covering effective strangle and straddle strategies that'll help you optimise & improve your Options Trading performance.
In addition, you get access to all the features found on their trading platform, which also makes it a fantastic way to test drive their software. Many top traders start with a demo account. So once you have built up your confidence and got good at a couple of strategies, you can then close your spread betting demo account and start funding your live trade account. City Index forex and spread betting user reviews often highlight how many useful additional features are on offer, including:.
On top of useful technical features, head to their trading academy and you will find video tutorials and tips on how to use City Index and how to trade to the best of your ability. She is frequently asked to appear on international news channels and offer insight on financial markets.
Fortnightly webinars and detailed user guides are also available. These can show you how to capitalise on movements in share prices, how to navigate My Account, as well as helping you identify and monitor patterns. There are also free seminars for both beginners and advanced traders held in their offices.
Overall then, if you take City Index vs FXCM , Plus , and other competitors, you will find an equal number of extra features and useful functionality. If anything, their educational resources actually exceed many similar brokers. City Index has built up a reputation as a reliable and trustworthy CFD, spread betting and forex broker. This is demonstrated by the fact they are regulated by eight regulatory bodies around the world:. As a result of regulation, City Index has to adhere to certain rules and regulations around safeguarding your capital.
This means customers may be at less risk of losing all their funds in the event of certain scenarios, such as the company going insolvent. Although there are a number of advantages to choosing City Index, there are also certain downsides you should be aware of, including:. There you will also find details on bitcoin trading hours, plus market hours during holidays.
Head to their website to find the helpline telephone number where you are based. You can get assistance with forgotten usernames and passwords, as well as any other login problems. Also, if the website is down or not working, hotline phone support is possibly the best course of action. In addition, reviews show their chat support is particularly efficient with minimal waiting times and accessibility via any of their pages.
They should be able to help you with financing charges, financial statements, withdrawal problems, as well as technical issues. There is a back testing excel tool that allows you to test trading signals performance over historical data. It also has a customisable economic calendar, real-time news from Reuters and analysis portal that automatically scans the markets for chart patterns based on technical and fundamental analysis.
This can save time from manually researching the market and present potential trading opportunities. Developed by Russian software company MetaQuotes, MT4 is perhaps the most widely used trading platform and considered by many as the most user friendly. It has a quick learning curve making it an attractive proposition to new traders whilst having enough advanced functionality for the more seasoned trader. Through MT4 you can conduct a range of thorough technical and fundamental chart analysis using the numerous indicators that it incorporates, create your own custom indicators, automated trading systems known as expert advisors EAs and much more.
In addition to the hundreds of built in tools, you can download thousands of free customised indicators, scripts and EAs. There is also a large online MetaTrader community where users from around the word share trading tools, strategies and signals. When you trade forex and other markets with the City Index MT4 platform you can benefit from ultra-tight spreads, fast trade executions and unique trading tools.
You can trade directly through your MT4 account on all platforms. City Index provide a range of tools to encourage traders to improve their trading skills and knowledge. These tools include a selection of order execution types, market intelligence and a powerful research portal to help you identify potential trading opportunities. The City Index technical analysis research portal, powered by Trading Central, will save you time by scanning the markets for chart patterns and trade setups.
The fundamental stock analyser shows if a stock is considered overbought or oversold at a glance.
The AT Pro platform has hundreds of trading strategies built in that can be used for trading signals to compliment your own trading plan. Real-time financial news from Reuters provides you with data and market reports directly into all trading platforms and apps. This is a great way to keep up to date with the latest market news and to assist with fundamental analysis. The City Index economic calendar is fully customisable and can help to show the possible impact of key news releases to help plan your trading strategies around.
City Index have a global research team that provides expert market analysis to help forecast potential market movements and trading opportunities. Whatever your level of trading experience is, City Index provide a large amount of educational material to help improve your trading knowledge and skills. This includes educational videos, articles, webinars, tutorials, and practical examples of trading topics.
There is a City Index trading academy with trading guides covering everything from an introduction to the different financial markets to trading strategies and chart analysis. You can learn how to use a trading strategy, how to analyse the charts using technical and fundamental analysis, how to apply risk management to your trades and much more. They even provide clients with an experienced relationship manager for insight and trading support. It can be a good idea to opt for a trading broker who offers so many different markets and trading instruments in case you wish to branch out and diversify your portfolio in the future.