Founded in 1983, CityIndex is one of several brokers that pre-dates the internet and the subsequent online trading boom. Owned by NASDAQ-listed StoneX, CityIndex is a good broker for traders looking for simple account options and a large range of financial instruments on the MT4 trading platform. A well-regulated broker, CityIndex offers one live commission-free account with no minimum deposit requirement and spreads that start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is much tighter than similar brokers. CityIndex offers a choice between MT4 and its own proprietary web trader platform – an advanced automated trading platform with deep customisation and back-testing. CityIndex's financial instrument offering is impressive, with over 4700 assets available for trading, including 84 Forex pairs, 4500 stock CFDs, indices, commodities, cryptocurrencies, bonds, metals, and interest rates. City Index’s education section is useful for beginners who want to get up to speed quickly, and its market analysis provides excellent trade ideas. Overall, a good all-round broker that competes well with other traditional brokers of its size and type.

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