City Index iPhone App

By mosesbet · Filed Under Mobile Comments Off on City Index iPhone App 

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Asides from being one of the biggest spread betting firms on the internet (with more than 1.5 million trades placed per day), CityIndex.co.uk also offers the best mobile trading applications for mobile users in the spread betting industry.

In fact, more than 20% of City Index’s monthly trades are placed through mobile devices – and 90% of these mobile trades are placed directly from the iPhone.  Hence, you know when you open an account here that it will be very friendly towards customers with iPhones!

City Index has launched mobile trading platforms for all major smart phone devices, including the Apple iPhone, Google Android and Blackberry.  In fact, City Index were the first company to launch an iPhone trading app in 2009 known as “City Trader”.

The app also includes CFD trading for customers with a joint live CFD/spread betting account.  (Demo customers cannot download or use the iPhone App).

What can you do with the City Index iPhone App?

The City Index iPhone App is very user-friendly.  It pretty much offers everything you could want.  It offers 24/7 trading on 12,000+ markets, live streaming prices and news feed, technical charts and trend history, account preferences and more.

To begin with, the “City Trader” App (as it’s known as on the Apple App Store) allows you to open/close trades on the exact same range of markets as the online trading platform.  Whether it’s UK shares, equities, commodities, sectors or interest rates, you’ll receive the same range of financial instruments with the same tight spreads.  Your orders will be confirmed immediately too.

The iPhone App lets you edit your existing orders, amend stop-losses, limit orders, trailing stops, OCOs and if done.  You can even partially close orders on your existing trades and manually edit the stop-loss size.

What will really impress you about City Index’s app is the ability to view and customise technical charts on any stock or indices.  Using both landscape and portrait technology, you can quickly tap on a particular market to view charts that display historic trend patters.  You can use indicators including Moving Averages, Bollinder Bands, MACDs, RSIs and others.  Basically, you can make the same analysis of stock to place profitable trades on your mobile just as you could at the computer.

Other trading tools that you get when you install the City Index app on your iPhone includes fully integrated 24/7 market news alerts and commentary from the Dow Jones.  The Position Charts Menu lets you view how each of your trades is doing with bespoke charts which show your P&L.  You can close positions just as easily by clicking on one of the bars.

Finally, the Account Summary provides a full report on your account activities.  This displays your profit and loss (P&L), account balance, net equity and your margin requirements (how close your are to your account’s margin limit).

Where to Download the City Index “City Trader” App?

First of all you’ll need a live City Index Account.  If you don’t already have one then click here to open one.  For existing customers, the City Index App is available from the Apple App Store.  Just search for “City Trader” or “City Trader Pro” and click download.

 

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