City Index Account Type

City Index offers several types of trading accounts tailored to meet the needs of different traders. The main account types include:

• Standard Account:
• Access to over 13,500 global markets.
• Competitive spreads starting from 0.8 pips.
• No commissions on trades (except for shares).
• Advanced trading tools and performance analytics.
• Available on web, desktop, and mobile platforms.
• MT4 Account:
• Trade on the popular MetaTrader 4 platform.
• Ultra-tight spreads starting from 0.5 pips.
• Access to more than 80 currency pairs and additional asset classes.
• Features include custom indicators, expert advisors, and advanced charting tools.
• Available on web, desktop, and mobile platforms.
• Corporate Account:
• Designed for businesses with access to global markets.
• Requires a minimum of £50,000 in funds.
• Allows multiple authorized traders to operate under one account.
• Professional Account:
• For experienced traders meeting specific eligibility criteria.
• Offers broker-assisted dealing and priority service.
• Invitations to exclusive events and access to advanced trading features.

City Index Broker Account Opening Process

Opening an account with City Index is a straightforward process. Heres how to do it:

• Application:
• Complete a simple online application form, which takes just a few minutes.
• Personal Information:
• Provide personal details such as name, address, and tax ID number.
• Indicate which products you wish to trade (spread betting, CFDs, or both).
• Identity Verification:
• City Index will perform an online check to verify your identity.
• In most cases, no additional documentation is needed, but you may be asked for proof of identity and address if verification fails.
• Funding Your Account:
• Once your account is approved, you can fund it through a secure funding portal.
• Start Trading:
• After funding your account, you can begin trading immediately on the platform of your choice.
• Demo Account:
• New traders can practice with a demo account, which provides £10,000 in virtual funds for risk-free trading for up to 80 days.

For more information, you can visit the official City Index website: City Index Account Types and City Index Account Opening.