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City Index is a global CFD (contract for difference) and FX (Forex) broker headquartered in London, United Kingdom, with a presence in Singapore. CityIndex SG only trades CFDs in Forex, commodities, indices, shares, and metals, and is regulated by the Monetary Authority of Singapore (MAS).
City Index requires a minimum deposit of S$150 to open a trading account. If you are funding your account via credit or debit cards, the minimum deposit per card transaction is S$250.
There are 2 ways to start trading with City Index: you can choose between CFD trading and FX on the MetaTrader 4 (MT4) trading platform. First up, if you frequently trade on indices, FX, shares, commodities and metals, you should open a CityIndex CFD trading account. With this account, you only need to pay commission on shares. Second, if you are a hardcore spot FX and CFD indices trader, you should go for the FX on MT4 account. There are no commission fees when you trade with this account. Experienced traders can take advantage of a breadth of trading tools for technical analysis research. However, if you are even more advanced and MT4 is insufficient for you, you can opt for the AT Pro, an automated analysis tool with 100+ indicators, extensive drawing tools, charts and more. Finally, CityIndex also gives you the option of trading on the WebTrader. It features HTML technology with comprehensive drawing tools, charts, customisable workspaces that give you a seamless market overview. MetaTrader 4, on the other hand, is a well-known FX trading platform that allows you to trade on 84 FX pairs and learn from expert advisors through automated trading strategies.
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