de | cn | ru

Brokers News

City Index Adds CFDs to Its Advantage Web Forex Platform

Feb 01 2013

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 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 It was introduced to replace the broker's old web trader that was considered a tad outdated.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 TRADE  Mirror Trader  Tradency 

More news about City Index

Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$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 MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
$200 Review Website

More Forex Brokers News

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

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 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

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru