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When in search of an experienced forex broker, City Index is a broker worth considering. This UK based firm has been in the business for over than twenty five years during which time it has expanded massively throug the acquisition of other forex firms, so that today it has a presence not only in the UK but also in Australia, China, Singapore, the US and the Middle East. the website is www.cityindex.co.uk. City Index Limited is a company registered in England and Wales under number: 1761813. Authorized and Regulated by the Financial Services Authority. FSA Register Number: 113942. Some of the company's most recent acquisitions include Finspreads.com and IFX markets (acquired in 2005) and the US based IFX Markets (acquired in 2008). The company has a browser-based platform which makes it much more accessible and convenient when compared to a download. In addition to trading forex, the platform can be used to trade CFDs as well further simplifying the trading process. The decision-making process for traders at City is simplified by an abundance of economic updates, watch lists, market reports and a host of other important indicators which help the trader know which currencies are rising and vice versa. The company's Mobile Trading Platform supports Windows Mobile, Java and Blackberry and perhaps what vouches for its great features is the Best Mobile Trading Platform Award it won earlier this year. It is available as a free download and enables you to carry out trades wherever you are. The company was also among the earliest to introduce in iPhone supported application in 2009. City Index offers a free demo account which you can use for two weeks. The account comes with sterling pounds 2500 of virtual money. Trader training here is truly comprehensive and teaches new traders the basics of the trade via a host of free seminars and webinars which provide tips on risk management as well as how to interpret technical data.
Easy account opening At City Index, all the major currency pairings are traded. Currently there is a total of fourteen pairings available including the most popular ones such as the EUR/USD and USD/JPY pairs. As a firm with a strong financial base and also one that is regulated by the Financial Services Authority, you can carry out trades here with the confidence that your funds are in save hands and that, should anything go wrong, you will get compensated. You can also trade in metals, shares, commodities, options and bonds. While there are many nice things to say about City Index, it only offers support in English although customers also benefit from both live chat and telephone support (including a toll free line) as well as email support.
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