Company Name: City Index Australia Pty Ltd
Address and Contact Details: City Index Australia Level 15 Chifley Tower, 2 Chifley Square, Sydney NSW 2000
Australia Freecall: 1800 910 228 Or +61 2 9270 3673
Sign Up Offer: No
Demo Account: No
City Index-Connect Video
City Index is a leading CFD trading company which was established in 1983 in the UK. For the past 28 years, they have been operating in the UK and facilitate trading in CFDS, Forex and spread. City Index is a part of a privately owned company called IPGL. IPGL owns a substantial amount of shares in the leading derivative broker of the world, ICAP Plc.
In 2001, City Index launched CFDs in the UK markets. In the year 2005, the company acquired FX broker IFX Markets and also Finspreads.com. The Sydney Office was opened in 2006. Singapore and Shanghai offices were also opened in the same year to serve the clients from the Asia Pacific.
In 2008, City Index acquired FX Solutions, which happened to be the leaders in the foreign exchange services in the US markets. In 2009, they launched the innovative trading platform named City Trading™. Later they also introduced a trading app for the users of iPhone. Brokering Features and Fees – min stock commission: 2 cents per share with a US$15 minimum – minimum funds to open account: $500
City Index offers a professional trading platform to the traders and that is equipped with numerous tools and resources helping the traders to earn consistently on FX trades.
Deal Through Charts: The platform allows the traders to trade directly through forex charts. Thus, traders can point and click and also drag and drop to open and close positions. Charts can also be zoomed to give a larger view. The interface is of intuitive nature and guides the traders in choosing profitable options.
Auto Trading: The platform allows the traders to tailor-made the forex auto trading system. This will generate forex trades for the traders on the basis of defined trading strategies. This allows traders to set automatic trading by defining a trade action on the basis of a fixed price.
Built In Trading Strategies
The platform offers hundreds of trading strategies, which a trader can incorporate into his customized Auto Trading system. Thus, a trader can gain exposure on multiple trading strategies.
Advanced Technical Analysis Indicators: City Index offers more than100 advanced technical analysis indicators. This gives a detailed technical analysis of the market and allows traders to develop the best insight while trading forex.
Customizable Price Alerts: Traders can customize their alerts, so that they will always be informed on potential trading opportunities in the manner they wish to.
City Index has a new CFD trading App that traders can install on their iPhones. City Index mobile platform allows complete and secure access to the trading account in anywhere and whenever environment. The City Index mobile platform allows traders to:
- Check the market movements
- Open and close positions
- Set stops and loss limits
- Create new orders or amend an existing order
- View all pending and completed orders
- Monitor positions using unique positions chart of City Index
- View and amend watch lists
- Review the trade and order history
With City Index, traders can gain access to a number of CFD markets. They offer as many 50 currency pairs for trading. The indices available for trading are the Australia 200, UK 100, German 30, CMI 300 and the Dow S&P 500. Traders can also trade in a large range of commodities such as cocoa, coffee, crude oil, sugar, soybean and wheat, besides metal trading in Gold. City Index offers a large range of CFDs from Australian and Hong Kong sectors.
Deposits and Withdrawals
City Index doesn’t accept a third party payment. Traders can fund their accounts using VISA/Delta debit cards and MasterCard or VISA credit cards. However, for credit card transactions, an extra fee of 1.5% will be charged. But a debit card doesn’t involve any extra fee or charge. Clients are allowed to register up to 3 cards at any time for funding their accounts.
City Index doesn’t accept any other for funding accounts other than using credit or debit cards.