City Index vs FOREX.com

In the table above we compare FX Broker City Index vs FX BrokerFOREX.com .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:

1. Compare Regulations: City Index vs FOREX.com
Is Broker FOREX.com regulated or is Broker FOREX.com regulated?
Compare City Index vs FOREX.com and find out who is regulated and where.
In the event City Index or FOREX.com goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates City Index, and who regulates FOREX.com

2. Compare Account types: City Index vs FOREX.com
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare City Index vs FOREX.com in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on City Index’s demo account or FOREX.com ‘s demo account? Do you neem direct market access or need to access City Index’s API or FOREX.com’s API?
What initial deposit is City Index asking for and what initial deposit is FOREX.com asking for?

3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare City Index vs FOREX.com and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is City Index’s customer service vs FOREX.com’s customer service. As if you have an issue you would like to speak or chat to someone immediately.

5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on City Index’s FX trading platform or FOREX.com’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare City Index vs FOREX.com and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare City Index’s fees vs FOREX.com ‘s fees.
For those that a different style of trading, compare City Index vs FOREX.com to see who offers, Mirror Trader, ZuluTrade, or Signal Trader

If you would like to trade with your IOs or windows mobile platform compare City Index vs FOREX.com and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either City Index or FOREX.com

For any further questions feel free to comment below. If you would like to leave a review of City Index or review FOREX.com, feel free to do so too.