Is City Index a good trading platform?

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Is City Index a good trading platform?

Backed by GAIN Capital, City Index is a trusted brand that traders choose for its advanced trading platforms, excellent mobile app, diverse market research, education, and extensive range of markets.

Are CMC Markets Good?

Rated our Best Overall Forex Broker and Best for Range of Offerings. CMC Markets offers an excellent fit for all types of traders, with a broad product offering and an accessible, feature-rich platform (Next Generation). CMC Markets emphasizes customer service, research amenities, and educational resources.

What is the leverage on City Index?

Our margins for major currency CFDs start at 3.33\%, and commodity CFDs start from just 10\%.

Is AvaTrade reliable?

Is AvaTrade Safe? AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust).

Does city index have negative balance protection?

The broker is licensed through Financial Conduct Authority (FCA) Ref No. 113942 and is compliant with European Securities and Markets Authority (ESMA) rules that limit leverage and provide negative balance protection (so you don’t lose more money than you put in the platform).

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Is City Index Mas regulated?

City Index is regulated by the Financial Conduct Authority in the United Kingdom, the Australian Securities and Investments Commission, and the Monetary Authority of Singapore (MAS).

Is CMC Market CFD?

Our award-winning CFD trading platform provides access to over 9,500 global instruments, at competitive spreads and margin rates. Trade CFDs on major forex pairs from 0.7 points and popular indices from 0.3 points.

Who is CMC Markets Stockbroking Limited?

CMC Markets Stockbroking Limited provides proprietary trading platform. The Company offers instruments, including forex, indices, commodities, shares and treasuries. CMC Markets Stockbroking serves customers in Australia.

Does City Index charge commission?

City Index does not charge any additional commissions on spread bet markets. City Index also does not charge any commissions on CFD or FX markets, with the exception of CFD equities.

What are the margin requirements for CFDs?

Example of a CFD Trade This trade requires at least $1,263 in free cash at a traditional broker in a 50\% margin account, while a CFD broker requires just a 5\% margin, or $126.30. A CFD trade will show a loss equal to the size of the spread at the time of the transaction.

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Which broker is the best in South Africa?

Best Forex Brokers South Africa

  • IG – Best overall broker 2021, most trusted.
  • Saxo Bank – Best for research, trusted global brand.
  • Interactive Brokers – Great for professionals and institutions.
  • FOREX.com – Great all-round offering.
  • FXCM – Excellent platforms, great mobile app.
  • AvaTrade – Multiple trading platform options.

Is AvaTrade FCA regulated?

AvaTrade AvaTrade is not FCA regulated, however, it is regulated in Ireland by the Central Bank of Ireland and by the FSC, the regulatory body of the British Virgin Islands.

What markets does City Index offer?

City Index traders today have access to more than 12,000 global markets, across forex, indices, shares and commodities. The City Index trading platform offers a range of customisation options, including 16 chart types with 65+ indicators designed to traders perform technical analysis.

Why choose City Index for brokernotes?

City Index has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options. As City Index is regulated by Financial Conduct Authority, ASIC and MAS , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade.

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Is city Index a market maker or an ECN?

As a market maker, City Index may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

What is the minimum trade I can execute with City Index?

City Index allows you to execute a minimum trade of 1 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As City Index offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.