- يونيو 28, 2021
- Posted by: ForexTradeOn
- Category: City Index Broker review
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Cons |
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Introduction
City Index is one of the oldest forex and CFD brokers since 1983. It has over 12,000 markets including indices, shares, and forex pairs. City Index is also listed on the stock exchange NASDAQ and regulated by top-tier financial authorities like the FCA in the UK.
Trading Products
City Index has a variety of trading instruments like forex, CFDs, commodities, metals, bonds, options,ETF, and crypto trading.
On the other hand, there’s no real stocks trading on the CIty Index.
Forex
City Index has about 84 currency pairs including pairs like EUR/ USD.
Indices
City Index has about 21 indices including instruments like Germany 30.
Commodities
City Index has about 25 commodities\including instruments like US Crude Oil.
Bonds
City Index has about 4 bonds including bonds like BTP Italian.
ETFs
City Index has about 690 ETFs including instruments like ETFS Crude Oil CFD.
Metals
City Index has about 18 metals including instruments like silver and copper.
Cryptocurrencies
City Index has about 6 cryptocurrency options including cryptos like Bitcoin and Ethereum.
Disclaimer: CFDs have a high risk of losing money rapidly. 79% of retail investor accounts lose money due to leverage when trading CFDs with this provider. CFDs are not complying with the islamic religion. And if you want to trade in CFDs you should consider a swap-free account to follow islamic rules.
Learn more about CFDs for muslims.
City Index Offering of Investments
City Index |
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Currency Pairs |
84 |
Share CFDs |
4,500 |
Indices |
21 |
Metals |
18 |
Commodities |
25 |
Bond |
4 |
Real stocks |
0 |
ETFs |
690 |
Cryptocurrencies |
6 |
Note:
The FCA bans crypto trading for the UK retail customers from 6th of Jan 2021.
FAQs
- Does City Index give a bonus?
- City Index Deposit bonus is not a reliable deal. It offers a small percentage of incredibly high deposits.
- Does the City Index allow scalping and hedging?
- City Index does not allow scalping but does allow hedging..
- When trading forex, will you lose more than your initial deposit?
- Both our MetaTrader 4 and City Index platforms are set to automatically close your positions when your margin requirement reaches 100% (stop out level).
- Please note that this process is automated and is not a guarantee that your account will not enter into a negative equity situation and you should keep a balance amount in your account above your required margin.