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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 4901)
Author of City Index: Kajed | Date 2015-05-06
I tried them for many months and always missed a chance to win because they always increased the spreads.
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Author of City Index: Abdul_rizki | Date 2015-05-06
My trades closed every time they were up more then a few hundred pips. The spread means nothing. They will stop you out even if price is several pips plus spread away. I am moving my money away from them.
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Author of City Index: gora na | Date 2015-04-29
Please think twice before you consider this broker. I almost lost all my deposits when I tried to close my positions for a short period of time.
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Author of City Index: Kallia | Date 2015-04-26
After I traded with them for 2 months, I found that they are not good broker for all of you traders, especiall newbies. They had many restricted rules that can traped your accounts. Moreover, their customer support were not friendly and ignored my questions; they also blamed for clients' fault for not following their instruction and denied to reply any request. I think you should leave them and find anohter broker better.
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Author of City Index: Newi | Date 2015-04-13
I do not know much about this broker, but the first time I find out the background of the broker everyone says that the broker has no bonuses for traders and must have a lot of money if you want to become a member at this broker.
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Author of City Index: Alexandsor | Date 2015-04-09
I'm still waiting for my money. I requested to withdraw all my deposits 3 weeks ago but until they never processed it yet. Actually, I am not the only person who encountered such issues.
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Author of City Index: Iglesias | Date 2015-04-09
GFT is the name that I hate to hear anytime it's mentioned. I deposited $30,000 with them and once you are making profit, they block you until you positive turn negative. One day, my $3,000 profit turned negative and many more. They are really a bad broker, let’s run away.
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Author of City Index: LeeS | Date 2015-03-25
I stopped trading with them after 3 months, I found that they are not good broker for all of you traders, especiall newbies. They had many restricted rules that can traped your accounts. Moreover, their customer support were not friendly and ignored my questions; they also blamed for clients' fault for not following their instruction and denied to reply any request.
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Author of City Index: Christina | Date 2015-03-22
After I traded with them for 3 months, I found that they are not good broker for all of you traders, especiall newbies. They had many restricted rules that can traped your accounts. Moreover, their customer support were not friendly and ignored my questions; they also blamed for clients' fault for not following their instruction and denied to reply any request.
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Author of City Index: asadG ♫ | Date 2015-03-18
This company has an incompetent customer supports. The supports of this broker cannot even answer a simple question.
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