Is City Index a Scam?

Is City Index a Scam?

Is City Index a Scam?

When trading online, the most important thing you need to be sure of is that your broker is legit. Brokers come in all shapes and sizes – some are still very much new, while others have been in the trading business for years; some offer binary options, others forex and CFDs etc. Among these companies, some stand out as excellent examples of everything a brokerage should be. Is City Index a scam or one of these brokerages? Well, the fact that they were founded almost 35 years ago says a lot, but we will examine their whole security system closely in the rest of this article. So read on and see how well protected you really are on this website.

Is City Index a Scam? | Regulation

To answer the question “Is City Index a scam?” we should first see if the broker is regulated, i.e. if it has a license from a regulatory body. Sure enough, they are regulated by the Financial Conduct Authority (FCA), an organization responsible for regulating this kind of companies in the United Kingdom. This also means that the company has to behave and operate in a certain way. For example, they have to keep your funds in a segregated account and make sure you are compensated should anything happen to City Index. Because of all that, and the reputation this broker has, you can be certain that no kind of financial fraud will ever happen to you here. The company would simply risk too much if they allowed anything to go wrong. That’s why everything on their website works so perfectly. Stick around and you’ll see what we mean.

City Index Regulation

City Index Regulation

Is City Index a Scam? | Reliable website

Our City Index Review 2017 has much more information on the deposit and withdrawal procedures, but we will still mention them here. They are among the main reasons you don’t have to worry about is City Index a scam or a legit broker because they are completely free and perform perfectly every time. We never experienced a single withdrawal problem here, nor did we ever have any complaints about the trading platform. All the necessary information was delivered to us immediately and you can expect your orders to be executed quickly, too. And if you need further clarification on anything at all, the support team is standing by to help you with whatever you need. In short, brokers really don’t come much more reliable than this.

City Index Advantage Web

City Index Advantage Web

Is City Index a Scam? | Conclusion

Is City Index a scam? Absolutely not, not in a million years. This is a company with a valid license, decades of experience and perfect money transfer procedures. In other words, this is a professional trading partner that cares about its clients. With almost 35 years on the market, they are among the most experienced brokerages in the world and the level of service you get from them reflects that clearly. You simply won’t find a better place to trade and invest, so open an account and become one of tens of thousands of City Index’s satisfied clients.

Author's overall rating:
Author: Ben Prescott
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