Established in the UK in 1983 City Index has grown to be a leading spread betting, CFD, and Forex trading provider. The company is owned by IPGL, the investment brainchild of Michael Spencer, said to be the City's richest man.
In 2005 City Index acquired Finspreads, which itself was a leading spread betting provider. It then went on to acquire IFX Markets and FX Solutions to strengthen its position in the forex market.
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"We provide consistently competitive spreads and margin access on thousands of markets worldwide including indices, shares, currencies, commodities, bonds, interest rates and more. At City Index we are committed to providing a market-leading service based on fair and transparent prices, accessible technology and customer support." When you open an account with City Index you are also given access to their technical analysis, charting and research.
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City Index Range of Markets
UK 100, Wall Street, US Tech, US SP, Volatilty Index, German 30, France 40, Switzerland 30, EU Stocks 50, Spain 35, Poland 20, Italy 40, Netherlands 25
Shares
City Index offers spreads on shares in the indices listed above, as well as Day Trade bets on a select few.
Currencies
At City Index you can trade on a range of currencies including: Sterling (GBP), US dollar (USD), Euro (EUR), Japanese Yen (JPY), New Zealand dollar (NZD), Canadian dollar (CAD), Swiss Franc (CHF), Singapore dollar (SGD), Danish krone (DKK), Mexican peso (MXN), Norwegian krone (NOK), Polish Zloty (PLN), Swedish krona (SEK), Hong Kong dollar (HKD), South African Rand (ZAR).
With City Index you can spread bet and trade CFDs on a wide range of metals including gold, silver, platinum and palladium.
Commodities
With City Index you can trade on US and UK crude oil, cocoa, coffee, sugar, pork bellies, wheat and soybeans.
Bonds
City Index quote spreads on a range of bond markets including US bonds, Euro Bunds, UK Gilts, Euro Schatz and US T-Notes and T-Bonds.
Interest Rates
As a City Index customer you can spread bet on whether you think the interest rates will be hiked or cut. They offer CFD prices and spread bets on a variety of UK and EU interest rates including Euribor, Eurodollar and Short Sterling.
City Index Sectors
Sector betting enables you to take a broader position on the direction of entire sectors such as oil, banks or miners, without having to take a position on the performance of an individual company within the sector.
Options and binary bets
City Index offers binary bets and options on most popular indices, currencies and commodities.
Apply for an City Index spread betting account or compare to other leading providers.
MoneyWeek Ltd receives commission from City Index for accounts opened.
