Town Index is among the biggest spread betting organizations in the UK. In addition to their spread betting software, additionally they offer a range of portable trading platforms along with Forex and CFDs (contract for big difference services).
One of the finest features of City Catalog is their outstanding 25+ year status in the distribute betting industry. That is one of many biggest and earliest spread betting firms in the world (est 1983) and functions over 1 million trades every month. Town Catalog includes a solid name, offers more global markets (7,000+) on their system than any of its competitors and it even gives particular functions for new customers.
As among the greatest distribute betting firms on the planet, you will discover several functions here that their opponents don't. For example, here you will find mobile trading tools for a variety of units such as the iPhone (City Trader Pro), Android and Blackberry. In fact, Town Catalog was elected the "Most useful Mobile Trading Software" in 2010 by MoneyAM.
The City Trader iPhone App offers clients total access and flexibility. The distribute betting App could be saved for free from the Apple Application Store and lets you open/close trades, view industry prices, employ complex graphs and information, change stop-losses, restrict requests and OCOs, and you are able to view your consideration summary (including profit needs, P&L, industry history and view lists). You may also get live, loading media from the Dow Jones to your iPhone.
One of the finest features on City Index's on the web trading software could be the "Learn how to Deal" plan for beginners. This is a 4-week program that Town Catalog offers to all new clients who stimulate a stay account. Along with trading methods, live seminars and videos, the program also allows newcomers to open trades from just 25p per point. That is outstanding for newbies because it allows you to open smaller trades with less risk and an inferior deposit amount. The special 25p per level campaign is quite special. On the other hand, the minimum opening trade at Money Spreads and Tradefair is £1 per point.
New traders may opt to start a Trial bill instead. The Demonstration account allows you to industry with £2,500 of virtual cash on the simulated online trading platform. Whenever you register you may also use the CFD Demo system too. Both these are great for novices since they enable you to get accustomed to utilizing the on line trading system and trading methods, as well as exercising opening/closing trades and tracking your place free of charge without having to deposit or chance any of your own money.
With regards to markets, CityIndex.co.uk offers really aggressive spreads (as small as 1 point) on over 7,000 areas, including global shares (FTSE, DAX, S&P 500, FT), commodities, possibilities, interest charges and government bonds, house rates, Forex and securities. The range of markets here significantly more than twice that of other UK distribute betting firms such as for instance Money Advances and ProTrader. The only downside is that sporadically customers will have problem canceling trades (re-quotes) during turbulent industry movements and swings.