CityIndex is a British company that is considered one of the best brokers platform in the stock market. CityIndex is regulated in 9 jurisdictions around the world and is listed on the New York Stock Exchange (NYSE) as GCAP. The company’s offices are located in major cities such as Dubai, London, Tokyo, Sydney, Hong Kong, Singapore, and Shanghai. In this best brokers app review, we will consider the main advantages of this trading platform.
Trading conditions
City Index broker offers its clients 3 types of accounts:
• standard account
• VIP account.
• 2 types of demo accounts.
Best Forex app for iPhone
Start to trade
The minimum initial deposit for opening a standard account is £ 100. VIP account is available only by invitation and with the approval of the City Index team. This trading platform, often recognized as the best Forex app for iPhone, offers a wide range of financial instruments, over 12,000, including currency, commodities, bonds, stocks, etc.
Best brokers app
User interface
City Index broker clients can choose from three trading platforms: Web Trader, AT Pro, and MT4. For traders who prefer mobile trading, City Index also provided the Advantage Mobile Trading app. We liked the work of the MT4 platform. The speed of opening orders on this platform, regularly included in the top 5 best brokers app, is acceptable, about 0.5 seconds. Spread 0.6-0.7 pips.
CityIndex broker
Deposit and withdrawal of funds
There are three ways to deposit to CityIndex broker: debit cards, credit cards, and bank transfer. Withdrawals can be made with the same options. Both deposit and withdrawal are commission-free. The minimum withdrawal amount is £ 50, or account balance. The maximum amount per transaction is £ 20,000.
It usually takes three to five days for international withdrawals and one to two days for domestic money transfers. If you would like to receive payment on the same day via bank transfer, you will have to pay £ 25.
Technical support
Customer support at City Index can be contacted by email, live chat, or telephone. Also, you can request a call back by leaving a message in your account via the feedback form. You can get help in all of the following languages: English, Spanish, German, Polish, Arabic, and Chinese.
To check the efficiency of the TP, we opened a chat. Quite quickly, within five minutes, the manager got in touch.
Best online broker app
Conclusion
City Index, a company with extensive trading experience, providing the widest selection of financial instruments for trading, as well as various types of trading platforms, according to your specific skill level. The company has one of the best online broker app on the stock market.