CitiFX Pro

Editorial Rating:
2.02
Accept US Traders:
No

CitiFXPro.com

Part of the long-established Citibank group, CitiFX came was founded in 2008 as an online Forex brokerage designed to offer the company’s 200 million customers a convenient way to trade currencies.

Being part of one of the most recognised financial institutions in the world offers a myriad of benefits both as an investor and an individual. Indeed, as someone looking to make money on the FX market there are few brokers who are as well connected at CitiFX. As an individual you can also rest assured that your hard earned money is safe at all times. Aside from following industry protocol and segregating client funds, CitiFX has the backing of Citibank, an institution which is renowned for its reliability and solvency.

CitiFXPro.com’s Special FX:

One of the biggest advantages of playing the currency exchange market through CitiFX is their position in the market. In recent years the ecology of the Forex world has changed thanks to the proliferation of margin trading by individual investors. Operating mainly through independent Forex brokers, individuals have been able to trade currencies much like banks.

While this provides a number of benefits for the private trader, there’s a lot to be said for trading Forex through institutions such as Citibank. Because CitiFX is connected to a bank which helps form the liquidity foundation for independent companies it can access better rates. Indeed, for clients looking to trade at CitiFX it’s simply the case that the market conditions are much more favourable because they coming from a primary source instead of a second-hand filter.

Another key benefit of trading at CitiFX is their access to news and research. With access to each shift in the market, as well as a team of highly experienced professionals, traders at CitiFX will be able to make more money in the long run through a system of better information.

The Essentials:

CitiFX offers desktop, web and mobile trading through two main platforms: MetaTrader 4 and CitiFX Pro. While MT4    offers an out-of-the-box trading solution for the general user, CitiFX Pro is more geared towards the professional trader who wants greater functionality and customisability.

Depending on your level of skill and investment there are three main accounts available at CitiFX beyond their demo option:

Standard Account:
Minimum account size = $10,000
Minimum position size = 1 lot
Variable spread with typical rates from 1.6 pips on majors such as EUR/USD
Expert advisors    Allowed
Leverage = 1:50
Digits after the comma = 5
Number of currency pairs available = 141 (including 60 exotics)
Premium Account:
Minimum account size = $50,000
Minimum position size = 1 lot
Variable spreads with typical rates of 1.2 pips on majors such as on EUR/USD
Expert advisors    Allowed
Leverage = 1:50
Digits after the comma = 5
Number of currency pairs = 141 (including 60 exotics)

Premium Commission Account:
Minimum account size = $50,000
Minimum position size = 1 lot
Fixed spreads from 0 pips with one-way commission charges of $3.50 per 1 standard lot
Expert advisors    Allowed
Leverage = 1:50
Digits after the comma = 5
Number of currency pairs = 141 (including 60 exotics)

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.