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City Index review

City Index


On-line since: 2001
Country of origin: the United Kingdom
Regulation: FSA
Payment options: wire transfer and plastic cards
Minimum account size: -
Minimum lot size: 0.01 lot
Leverage: 1:400
Spreads: 1 pip for EUR/USD and USD/JPY

About the company:

City Index is a broker managed by GAIN Capital Holdings, Inc. It has its offices in the UK, Singapore, China, the UAE, and Australia. The history of City Index dates back to 1983, when it was among the first companies in Great Britain to provide spread betting. The company accepted bets on price movements of financial instruments.
Currently, City Index is a global leader in trading services and one of the largest CFDs providers. Every month, the traders of City Index make over 2 million deals in more than 50 countries across the world.
The broker’s trading conditions include competitive spreads and access to a wide range of instruments such as indices, stocks, currencies, commodities, treasury bonds, interest rates, and many others. The client can choose one of several trading platforms such as Advantage Web, AT Pro, or MetaTrader 4.
The British company City Index won a number of prestigious prizes and awards in trading such as Best Education/Resources, Best CFD Provider, Forex Provider of the Year, Best Trading Platform, and others.
You will find the latest City Index reviews on our website. Please leave your comment here. Based on unbiased rates and opinions of traders, we can create a ranking of the most reliable forex brokers.

City Index 9/10 (votes 4896)
Author of City Index: Laid_Pro | Date 2010-10-24
I worked with GFT last year and I was quite satisfied. It's just that many documents are required, they also ask for letters of attorney in case you're not trading yourself. I left them right after I started to lose money. The reason was constant slippage and a poor connection to the server.
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Author of City Index: O-Farrel | Date 2010-10-23
The market hit the price, but GFT rejected the order saying that the market had moved to fast and that the markets spread had moved to over 50 and theres was 20 and they could not and would not fill my order. I believe this company takes the opposite side of your trade so they have a financial intersest in you loosing money. But if you are consistently making profit, they do everything to slow you down. I tried contacting them, but they just give you a bunch of usual bs. I am really disappointed with gft, they have good platform but thats about it. I truelly believe gft like 99% of the forex brokers out there are nothing more then a scam.
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Author of City Index: sahim fx | Date 2010-09-18
totally agree with you, dear. i like this platform it's great. very easy to use and very comfortable. pale in comparison with meta trader
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Author of City Index: Mathematician | Date 2010-08-18
Have a huge experience with GFT, recommended it to many of my friends, everyone is fully satisfied. The platform is great, deals are executed instantly, high-quality service. You will find no better broker!
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Author of City Index: AHTUNG!!!! | Date 2010-08-08
Very powerful platform to trade and excellent customer service. But news service is quite lax.
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Author of City Index: monkey-key | Date 2010-07-23
Don't like that Deal Book 360 at all. MT4 is much better. Not a good variant for long-term traders, cause price may differ if you leave your order open for longer time. That's just my opinion.
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