City Index Review

Losses can exceed deposits
City Index offer an awarding winning spread betting service. Investors can speculate on thousands of spread betting and CFD trading markets including stock market indices, forex, shares, commodities, bonds, interest rates, sectors and options.

City Index


City Index Spread Betting

As well as an award winning service, key aspects of spread betting with City Index include:
  • arrow_forwardTax-free Profits* – profits are exempt from UK Capital Gains Tax, trades are also exempt from UK stamp duty
  • arrow_forward24 Hour Spread Betting – City Index run a number of markets 24 hours a day, 5 days a week. Markets include major indices such as the FTSE 100 and Dow Jones
  • arrow_forwardLeveragespread betting is a leveraged product, therefore you only need to deposit a small percentage of the full value of your position, typically 1-10%. This helps you to free up your capital and magnifies your profits. Be careful though, leverage also magnifies your losses and, as a result, losses can exceed your deposit
  • arrow_forwardShorting – naturally you can speculate on a market to rise however with spread betting you can also short, ie speculate on a market to fall
  • arrow_forwardWide Range of Markets – you can spread bet on thousands of individual shares and also trade stock market indices, forex and commodities. City Index also lets clients take positions on bonds, interest rates, sectors and options

City Index Platform


City Index Spread Betting Account

A review of the spread betting account from City Index:

City Index Account Review City Index
Web PlatformCity Index - Web Platform
iPhone AppCity Index - Phone App
iPad AppCity Index - iPad App
Android AppsCity Index - Android Apps
Deposit AccountCity Index - Deposit Account
Typical Minimum Stake£0.50
Minimum Account Opening Deposit£100
Stop LossCity Index - Stop Loss
Guaranteed StopsCity Index - Guaranteed Stops
24 Hour TradingCity Index - 24 Hour Trading
Live ChartsCity Index - Live Charts
Demo AccountCity Index - Demo Account
FCA – Authorised and RegulatedCity Index - Authorised and Regulated by the FCA
Spread betting may also be available with other companies.


City Index Mobile Trading

City Index Mobile Trading
City Index has launched an upgraded version of its multi award-winning mobile trading app, City Trading. Available on Android, Blackberry and iPhone, the improved features include newsfeeds from Dow Jones Newswires and live streaming charts.

The upgrade to the live charts means that charts unfold in real-time, giving smartphone users greater flexibility when looking for trading opportunities.

In 2011 City Index’s City Trading app was voted Best Mobile Trading Platform in the MoneyAM Online Finance Awards and Best Mobile Trading app by Shares Magazine readers.

In 2010, the Financial Times also gave the app its prestigious ‘Innovation of the Year’ award.

Whether you’re using an iPhone, Blackberry or Android based device you can open and close trades, update orders and check both your current positions and your account.


City Index – Award Winning Service

MoneyAM named City Index as the best spread betting service of 2011.

As mentioned above, in 2011 the spread betting company also retained the Best Mobile Trading Platform title, which it won in 2010 (MoneyAM Online Finance Awards).

MoneyAM is a premier destination for the UK’s financial community, offering stock market data and an annual online finance awards ceremony.

Likewise in 2011, the spread betting company also retained the Best Mobile Trading App title, which it won in 2010 (Shares Magazine Awards).



City Index MT4 Account

In addition to a normal spread betting, CFD or forex account, investors can apply for a ‘City Index MT4 forex trading account’.

MetaTrader 4 (MT4) is typically referred to as the ‘benchmark retail forex trading platform’ and comes with multiple features such as:
  • arrow_forwardA powerful charting package
  • arrow_forwardOne-click dealing
  • arrow_forwardExpert Advisors (EAs), these let you download and explore automated trading strategies via the MetaQuotes Language 4 (MQL4)
  • arrow_forwardThe option to create your own Automated Trading System using MQL4
  • arrow_forwardAccess to a range of custom indicators which can analyse price moves / trends and generate trading signals in real-time
City Index have added a suite of additional tools and resources alongside the traditional MT4 platform:
  • arrow_forwardCustomisable Leverage: Customise your leverage for each forex pair (up to 400:1) to suit your trading strategy
  • arrow_forwardPrice Tolerance: Control your slippage with price tolerance. Price Tolerance allows you to nominate the amount of points you are prepared to accept in case of price slippage to ensure fast execution in times of high market volatility. If, however, you don’t want to accept any slippage, simply select ‘0’ to ensure your trades do not suffer from price slippage.

    With Price Tolerance, City can execute trades at better levels if prices move in your favour by the time your trade is placed.
  • arrow_forwardAccess to All City Index Trading Platforms: Unlike other providers who might limit your MT4 access to one platform, an MT4 account with City Index enables you to access City’s full range of desktop trading platforms as well as mobile and tablet apps.


City Index Seminars and Webinars

If you are looking to improve your spread betting and CFD trading knowledge then City Index’s seminars and webinars could help. You can learn more about the markets and improve your technical analysis for free.

The spread betting webinars represent a level of convenience unmatched by in-house seminars. Wherever you are, as long as you have a computer and a broadband connection, you can access a spread betting webinar. The seminars can constitute a lengthy journey for traders outside of London.

The spread betting seminars and webinars offer different forms of interaction to traders. Seminars give investors plenty of opportunity to ask questions of the expert leading their workshop. Webinars, however, allow traders to learn spread betting at their own pace.

Unlike webinars, the seminars are also attended by other traders, and the different perspectives, questions and levels of experience that they bring can sometimes help to enhance your own experience.

The spread betting seminars can last anything from one to three hours. The webinars tend to be much shorter, sometimes no longer than eight minutes.



City Index – Spread Betting Market Review

A review of some of the most popular financial spread betting markets covering the typical in-hours spread sizes and minimum stakes with City Index.


City Index Stock Market Index Review City Index
FTSE 100 daily – spread size1
Dow Jones daily – spread size1
DAX 30 daily – spread size1
Indices – minimum stake£0.50
Indices – more markets availableCity Index - Stock Market Indices
Index spread betting may also be available with other companies.

There are also other index market on the platform e.g. Euro Stoxx 50, Italy 40, Netherlands 25, Poland 20, Spain 35 and Swiss 30.


City Index Shares Review City Index
FTSE 100 shares – spread size0.16%
FTSE 100 shares – minimum stake£0.50
More shares markets availableCity Index - Shares Markets
Shares spread betting may also be available with other companies.

Investors can also take positions on shares listed in American and a number of other countries. The exact markets are subject to change and market availability is also limited to companies with larger market capitalisations.


City Index Forex Review City Index
Euro/Dollar daily – spread size1
Sterling/Dollar daily – spread size2
Forex – minimum stake£0.50
Forex – more markets availableCity Index - Forex Markets
Forex spread betting may also be available with other companies.

As with most spread betting companies, you can also trade:
  • arrow_forward‘Major currency markets’ e.g. Australian Dollar-Yen, Australian Dollar-US Dollar, Swiss Franc-Yen, Euro-Canadian Dollar, Euro-Swiss Franc, Pound-Yen, US Dollar-Canadian Dollar and Dollar-Swiss Franc
  • arrow_forward‘Minor currency markets’ e.g. Australian Dollar-Canadian Dollar, Australian Dollar-New Zealand Dollar, Euro-New Zealand Dollar, Pound-Swiss Franc, New Zealand Dollar-Swiss Franc, New Zealand Dollar-Yen, US Dollar-Swedish Krona and US Dollar-South African Rand


City Index Commodities Review City Index
Gold – spread size4
Brent Crude Oil – spread size6
Commodities – minimum stake£0.50
Commodities – more markets availableCity Index - Commodities Markets
Commodities spread betting may also be available with other firms.

Using the mobile and/or web platform, investors can also trade some of the less popular commodities futures:
  • arrow_forwardEnergies Markets e.g. CO2 Emissions, Gas Oil, Gas RBOB and Heating Oil
  • arrow_forwardMetals e.g. Silver and Palladium
  • arrow_forwardSofts / Grains / Agricultures e.g.Cocoa (London and New York), Corn, Cotton, Feeder Cattle, Lean Hogs, Live Cattle, Lumber, Oats, Orange Juice, Pork Bellies and Soybean (Bean, Meal and Oil)


City Index Bonds and STIRS Review City Index
Interest Rate markets availableCity Index - Interest Rate Markets
Bonds markets availableCity Index - Bonds Markets
Spread betting may also be available with other companies.



City Index CFDs

Please note that you can also trade CFDs with City Index. Like spread betting, CFDs enable you to go short of a market so you can, potentially, profit from falling prices as well as hedge your portfolio.

A key aspect of the City Index CFD service is that they offer CFDs on over 12,000 markets.

When you apply for a City Index spread betting account you can apply for a CFD account at the same time.


About City Index

As a group City Index transacts in excess of 1.5 million trades every month for clients in over 50 countries. City Index provide access to a wide range of instruments including margined foreign exchange, CFD trading and, in the UK, financial spread betting.

According to City Index, “We constantly look to improve the performance of our platforms and expand the range of services we provide. The result is that City Index account holders benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support.”

Official website: Official website: City Index

Losses can exceed deposits

Contact City Index

Phone: 0845 355 0801

Address:
City Index
Park House
16 Finsbury Circus
London
EC2M 7EB


City Index is a trading name of GAIN Capital UK Limited. GAIN Capital UK Ltd is a company registered in England and Wales, number: 1761813. Authorised and Regulated by the Financial Conduct Authority. FCA Register Number: 113942. VAT number: 524837435.


Spread betting, CFD and forex trading are leveraged products and can result in losses that exceed your deposits. They may not be suitable for everyone. Please ensure you fully understand the risks involved.

AuthorAlex Turner

Senior Editor, SpreadBetMagazine