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CityIndex Broker Review

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CityIndex Review 5

Latest All(5) Exposure(5)
Exposure
Fake platform, fraud platform, unable to withdraw funds, deliberately hedge and lock positions!

Pay attention to people on the fraudulent network, and keep in mind that the names and appearances of these people are unfair. It is not allowed for me to invest more than 200,000 yuan in gold investment with my teacher in the middle of this year. The teacher who induced me to join at that time was named Chen Ming, Zhang Hongye, through my long-term follow-up and the investigation of my criminal investigators, they are still cheating. The aliases they use are Wang Tianshun and Liu Zhenhua. The platform they are currently using is a fake City Index stolen from the regular international market. The platform, the official website is https://1671435251000.citynice.me/ The people involved in the fraud include the master account Xu Hao (real name Zeng Xinghao), the assistant account Lin Ziyi (real name Chen Xiaomei), and the business account. After repeated investigations by the police, the process of their deception is as follows: the boss’s name is (real name Lin Jian), he invested money, and let the people below him cheat. Chat software [listen to chat], and then introduce Wang Tianshun through the business account. Wang Tianshun will invite him into the group after a simple chat with the fish. After two or three days after the group is established, he will start giving lectures and invite his friend Liu Zhensheng to come together During this period, the assistant account Lin Ziyi (real name Chen Xiaomei) was launched on the grounds of sending gifts for the teacher, and the brainwashing has been started since then. During the marketing process, a master Xu Hao (real name Zeng Xinghao) who has a strong investment and successful career will suddenly appear in the group ) often give out red envelopes, gradually Wang Tianshun will start to slowly guide everyone to make gold, and his friend Liu Zhensheng will also start brainwashing to make gold together with the fish with lectures, plus business account, assistant account Lin Ziyi (real name Chen Xiaomei), Master Xu Hao (real name Zeng Xinghao) brainwashed the fish and slowly guided him to trade in gold. He used the daily earning of 2 points to trade in stocks and the nightly earning of 8 points to trade in gold to lure the fish into the gold market. A team will be formed later to reduce handling fees. , The top-up promotions are used to block the funds of Dayu, so that it can continue to recharge. In the end, this master Xu Hao (real name Zeng Xinghao) will get the gold account of the fish, help the fish to operate the gold, make money and make a lot of money, and then start hedging and locking, and will not close the position for the fish, saying that he can only close the position and withdraw cash if he makes up money , After making up the money, it will say that you need to pay the authentication fee, because the account detection is operated by someone else, and you need to log in from another place. You need to authenticate yourself, and you have to pay. The fish will be the last to withdraw money until the fish has no money. I have already experienced this kind of nightmare. Many friends investigated the real name of the investor (real name Lin Jian) who lived in (Putian, Fujian), the real name of the planner (real name Zeng Xinghao) who lived in (Guangan, Sichuan), and the real name of the important accomplice (real name Chen Xiaomei) family (Quanzhou, Fujian) The gold platform used for this deception is called City index, and the official website of other platforms was stolen: https://1671435251000.citynice.me/ Live platform: https://e37421393.at.baijiayun.com/web/room/ quickenter?code=jwbkma&user_name=%E7%94%A8%E6%88%B77769 The following is the real identity information of the main participants in the fraud, including the teachers they are teaching. I hope that if the people who participated in their fraudulent platform can see this news in time, they will rein in the precipice. Of course, if they are cheated, they should also remember to save this news. Let us unite together to make the police pay more attention to this matter. At present, I I am also using legal means to apply for assistance, but it is very slow. This process is very painful. I hope more friends will join in, so that these villains can be brought to justice together, and they will not be allowed to go unpunished

开心4443
2023-01-30
Exposure
Black heart platform also my hard-earned money

I have cheated more than 20 million in the previous year.,I wanted to vent up in January this year, but unfortunately the account was can't give a malicious hedge lock.Leading my savings is taken away by them.They have been letting me pay a deposit, pay the margin, and tell the money, let money,Until I didn't have money, they will show it true.Delete my social account,Another exchange of exchanges also gives mandatory logout,Trading software also gives the ban,Now my money has not been returned。I hope that friends who are deceived have been deceived early and don't be deceived by them。Because this is a bottomless, the bottomless, the bottom will only let you get more, the more it is, and finally the family is broken。

开心4443
2023-01-11
Exposure
The background of the platform maliciously hedged and locked positions, resulting in the account being locked.

The account was maliciously modified by the background of the platform, and two large hedging orders appeared, which resulted in the account being locked. The customer service manager Zhang said that he had to pay a margin to close the position and withdraw money. Now the official website account has also been blocked. The one who contacted the customer service manager Zhang The software APP was also forced to cancel the account.

开心4443
2023-01-07
Exposure
I need to pay authentication money to get into the account

The customer service said that he contacted their judiciary department to help resolve whether I have committed money laundering and need me to pay 10,000 US dollars

小锋9042
2023-01-07
Exposure
Malicious hedging of huge orders, control my account, unable to operate nor withdraw money

I woke up yesterday morning and found that there were two huge orders in my account, one long and one short locked position, but the trading software could not be traded to close the position. I immediately contacted the account manager. He said that the illegal operation caused insufficient margin, and the margin needed to be replenished, and the system automatically resumed the transaction. I hope your platform can help me recover my own money

小孩8917
2023-01-06

  

Cityindex 2025 Review: Everything You Need to Know

  Cityindex has established itself as a reputable player in the multi-asset trading space, particularly known for its forex and CFD offerings. The broker is praised for its robust trading platforms, competitive pricing, and comprehensive educational resources. However, some users have expressed concerns regarding customer support and the high fees associated with certain trading instruments. Overall, Cityindex stands out for its strong regulatory framework and diverse market access.

  Note: Its important to recognize that different entities operate under the Cityindex brand in various jurisdictions, which can affect trading conditions and available services.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 8
Customer Service and Support 7
Trading Experience 8
Trustworthiness 9
User Experience 8
Additional Features 7

  How We Rate Brokers: Our ratings are based on an extensive review of user experiences, expert opinions, and factual data regarding the broker's services.

  

Broker Overview

  Founded in 1983, Cityindex is a UK-based broker specializing in forex trading, contracts for difference (CFDs), and spread betting. The broker operates under the Stonex Group, which is publicly traded on the NASDAQ. Cityindex offers a wide array of trading platforms, including the popular MetaTrader 4 (MT4), a proprietary web trader, and a mobile app. Traders can access over 13,500 markets, including forex pairs, indices, commodities, and shares. Cityindex is regulated by top-tier authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS).

  

Detailed Insights

  Regulated Geographic Regions: Cityindex operates in several jurisdictions, including the UK, Australia, Singapore, and the UAE. Each region may have different regulatory requirements and protections in place for traders.

  Deposit/Withdrawal Currencies: Cityindex supports multiple currencies for deposits and withdrawals, including GBP, USD, EUR, AUD, and more. However, cryptocurrency trading is not available for retail clients in the UK.

  Minimum Deposit: The minimum deposit to open an account with Cityindex is £100 or equivalent. This amount is considered competitive compared to many other brokers in the industry.

  Bonuses/Promotions: Cityindex does not currently offer any bonuses or promotional incentives for new traders, which is common among regulated brokers to comply with regulatory standards.

  Tradeable Asset Classes: Cityindex provides access to a diverse range of asset classes, including over 84 currency pairs, 4,500+ shares, and various commodities. However, cryptocurrency offerings are limited and may not be available in certain jurisdictions.

  Costs (Spreads, Fees, Commissions): The spreads at Cityindex are competitive, with average spreads starting from 0.5 pips for major forex pairs. However, stock CFDs incur commissions, typically ranging from 0.08% to 0.2%, with a minimum charge of £10. There is no charge for deposits or withdrawals, but an inactivity fee of £12 per month applies after 12 months of inactivity.

  Leverage: Cityindex offers leverage up to 1:30 for retail clients, which is in line with regulations set by the European Securities and Markets Authority (ESMA). Professional clients may have access to higher leverage options.

  Permitted Trading Platforms: Cityindex provides a range of trading platforms, including its proprietary web trader, the MT4 platform, and mobile applications for both Android and iOS. The platforms are designed to cater to both novice and experienced traders, offering advanced charting tools and market analysis features.

  Restricted Regions: Cityindex does not accept clients from the USA and certain other countries due to local regulations prohibiting CFD trading.

  Available Customer Support Languages: Cityindex offers customer support in multiple languages, including English, Spanish, German, Arabic, Polish, and Chinese, ensuring accessibility for a diverse client base.

  

Ratings Overview (Detailed)

  •   Account Conditions (8/10): The account conditions at Cityindex are favorable, with a low minimum deposit requirement and a variety of account types to suit different trader profiles. However, the lack of multi-currency accounts can be a drawback for some traders.

  •   Tools and Resources (8/10): Cityindex excels in providing a wide range of trading tools and resources, including an integrated research portal and performance analytics. However, some users have noted that the educational content could be more extensive.

  •   Customer Service and Support (7/10): While Cityindex offers multiple support channels, including live chat and email, some users have reported slow response times and issues with the automated chat system. This area could benefit from improvement.

  •   Trading Experience (8/10): The trading experience is generally smooth, with fast execution speeds and a user-friendly platform. However, some users have expressed concerns about platform reliability during high volatility periods.

  •   Trustworthiness (9/10): Cityindex is highly regarded in terms of trust, backed by strong regulatory oversight and a solid financial foundation through its parent company, Stonex Group. The presence of negative balance protection adds an extra layer of security for traders.

  •   User Experience (8/10): The overall user experience is positive, with an intuitive interface and a well-designed mobile app. However, some users have mentioned that the desktop platform could be more user-friendly.

  •   Additional Features (7/10): The broker offers a solid array of additional features, such as a demo account and educational resources, but could enhance its offerings in terms of cryptocurrency trading and social trading options.

  •   In conclusion, Cityindex is a reputable broker that combines a long-standing history with modern trading capabilities. While it has its drawbacks, particularly in customer service and some fees, it remains a strong option for traders seeking a reliable platform with a diverse range of assets. The Cityindex review indicates that it is well-suited for both beginner and experienced traders looking to navigate the complex world of forex and CFD trading.

CityIndex review