Brokers News

City Index Adds CFDs to Its Advantage Web Forex Platform

Feb 01 2013
By Forexbrokerz.com

The global forex and CFD broker City Index is expanding the reach of its Advantage Web trading platform: the broker's customers from all over the world will now be able to use Advantage Web for trading CFDs along with forex.

It seems that contracts for differences are gaining momentum and manage to attract many new fans who are beginning to see the definite advantages of CFDs, compared to other trading instruments like traditional shares for example: CFDs can be traded with leverage, and allow for going both long and short, therefore enabling hedging for the instrument, etc. As a proof of this increasing interest in CFDs, we can consider TRADE – the designated CFD platform released by Forex.com at the end of last year, as well as the fact that Tradency added CFD trading to its Mirror Trader platform.

This is why introducing contracts for differences to Advantage Web does not surprise much. The platform is still new platform for City Index and it makes a lot of sense to improve it quickly. It was introduced to replace the broker's old web trader that was considered a tad outdated. Advantage Web kept some of the old platform's features, such as OCO order types, partial order fills, 20 technical indicators, etc., and added new perks: better layout customization options, one click dealing, two different charting packs (basic and advanced), list and box views of the markets, etc.

As I said, Advantage Web allows both forex and CFD trading. The platform offers all sorts of order types, including stop and limit orders, and gives traders access to a wide range of markets – shares, indices, futures, etc.

When you log in to Advantage Web for the first time, you get the feel that the platform is pretty intuitive – and that's because it's simple. There's nothing to clutter your trading screen and you can focus on your market watch lists and your trading.

Charting is ok – it's definitely not the most sophisticated one I've seen but it does offer decent possibilities and features: 9 time frames, 20 technical indicators, drawing toolbars, and so on.

City Index's trading conditions are also good. What I like the most about this broker is that it offers capped spreads. The cap for EUR/USD, for example, is 4 pips, and the one for GBP/USD – 5 pips. This makes the broker safe to trade with even during high volatility, when spreads are likely to widen.

About City Index

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

As a group, City Index transacts in excess of 1.5 million trades every month in over 50 countries. It provides access to a wide range of instruments including margin foreign exchange, CFDs and, in the UK, financial spread betting.

City Index constantly looks to improve the performance of its platforms and expands its range of services. The result is City's customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer support.

TAGS: City Index trading platform Advantage Web forex spread capped spread CFD Forex.com TRADE Mirror Trader Tradency

More news about City Index

Gain Capital launches Bitcoin CFDs, spread betting on City Index Dec 01 2017 13:45:38
City Index Introduces Connect: Social Trading Platform Apr 03 2014 14:01:10
Michael Owen: Five Tips for Great Sportsmen and Traders Mar 20 2014 14:42:22
Who's the Next Celebrity Trader of City Index? Mar 12 2014 13:50:27
City Index Expands in the Middle East, Gets UAE License Feb 11 2014 08:31:12

Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.


	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, FSC	MT4, MT5, Web	$10	Review Website
	Cyprus, SVG	CySEC	MT5, Web, cTrader	$100	Review Website
	Australia, Cyprus	ASIC, CySEC	MT4, MT5, Iress	$100	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia, South Africa	FCA, ASIC, FSCA	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK	FCA	MT5	$5	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
	Australia, UK	ASIC, FCA	MT4, MT5, cTrader	$200	Review Website

More Forex Brokers News

#FBS2020: FBS Gives Away Lucky Gift Boxes In A New Year Promo

Dec 09 2019 14:36:59

As many companies out there, FBS broker finishes off its year with a New Year promotion for its clients. At the end of 2019, they are offered to create a fancy Thank You e-card for their loved ones and get a gift box full of nice surprises. Read more

Trip For Pip: FBS To Launch A Quest Game For A Trip To London, Tokyo, Or Dubai

Oct 29 2019 14:09:54

FBS broker starts its new marketing campaign, and it has already attracted many eyeballs on social media. The promotion is called “Trip for Pip,” and it is very engaging for several reasons: a) it’s playable; b) it features a dream trip for two as the main prize. Read more

HYCM tops the list of brokers with highest percentage of winning clients

Oct 23 2019 12:12:59

The importance of choosing a reliable broker is paramount to trading. Most traders have given a serious thought to the security of their investments and these concerns are increasingly common in this highly competitive market. Read more

FXCM expands its crypto offering with CryptoMajor baskets

Oct 14 2019 14:49:01

Major forex broker FXCM Group enhances its CFD offering with the launch of CryptoMajor- cryptocurrency baskets, which will allow its clients to trade in to multiple digital assets in one go. Read more

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus! This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

TOP FOREX BROKERS

BINARY OPTIONS BROKERS

LAST COMMENTED

BROKER LISTS

Broker types

Brokers by platform

Brokers by payment options

Brokers by account types

Brokers by spreads

Signals & Social trading

Brokers by country

Brokers by regulation

Gold, oil, options brokers

Other

CRYPTOCURRENCY EXCHANGES

de | cn | ru