[/caption]CityIndex
I just closed my Forex CFD trading account with them. What I like about them is the withdrawal procedure. Unlike the other brokers, you do not need to fill in a withdrawal form (hardcopy) and mail/fax it back for processing. I just dropped an email and supplied some details for verification to complete the request. The cheque was deposited in my account in the same day.
As for the platform wise, I have no complains. I particularly like the customer report generation. I can configure the time frame and generate my trade history. It even create a pdf form for me!
The commission is a little higher than other brokers but they always maintain a fixed spread. So for those who do not like surprises, this may appeal to you.
The reason why I switched away from CityIndex is because I want to have an account that I can do both Forex and Stock CFDs at the same time. CityIndex currently offer 2 separate accounts.
POEMS
Loyal readers will know that I have a Sharebuilder account with POEMS. This is also my first stock account so you can say there is some sentimental value with it. If CityIndex is convenient for funds withdrawal, then POEMS will be super fast due to the availability of Electronic Payment of Shares (EPS). The locally bred brokers have this EPS function which I believe they tied up with the local banks to facilitate fund transfers between the client’s stock and bank accounts. The funds can be transferred within the same day. Read more...[caption id="attachment_3568" align="alignright" width="150" caption="Photo by Jule_Berlin"][/caption]CityIndex
I just closed my Forex CFD trading account with them. What I like about them is the withdrawal procedure. Unlike the other brokers, you do not need to fill in a withdrawal form (hardcopy) and mail/fax it back for processing. I just dropped an email and supplied some details for verification to complete the request. The cheque was deposited in my account in the same day.
As for the platform wise, I have no complains. I particularly like the customer report generation. I can configure the time frame and generate my trade history. It even create a pdf form for me!
The commission is a little higher than other brokers but they always maintain a fixed spread. So for those who do not like surprises, this may appeal to you.
The reason why I switched away from CityIndex is because I want to have an account that I can do both Forex and Stock CFDs at the same time. CityIndex currently offer 2 separate accounts.
POEMS
Loyal readers will know that I have a Sharebuilder account with POEMS. This is also my first stock account so you can say there is some sentimental value with it. If CityIndex is convenient for funds withdrawal, then POEMS will be super fast due to the availability of Electronic Payment of Shares (EPS). The locally bred brokers have this EPS function which I believe they tied up with the local banks to facilitate fund transfers between the client’s stock and bank accounts. The funds can be transferred within the same day. Read more...
[/caption]CityIndex
I just closed my Forex CFD trading account with them. What I like about them is the withdrawal procedure. Unlike the other brokers, you do not need to fill in a withdrawal form (hardcopy) and mail/fax it back for processing. I just dropped an email and supplied some details for verification to complete the request. The cheque was deposited in my account in the same day.
As for the platform wise, I have no complains. I particularly like the customer report generation. I can configure the time frame and generate my trade history. It even create a pdf form for me!
The commission is a little higher than other brokers but they always maintain a fixed spread. So for those who do not like surprises, this may appeal to you.
The reason why I switched away from CityIndex is because I want to have an account that I can do both Forex and Stock CFDs at the same time. CityIndex currently offer 2 separate accounts.
POEMS
Loyal readers will know that I have a Sharebuilder account with POEMS. This is also my first stock account so you can say there is some sentimental value with it. If CityIndex is convenient for funds withdrawal, then POEMS will be super fast due to the availability of Electronic Payment of Shares (EPS). The locally bred brokers have this EPS function which I believe they tied up with the local banks to facilitate fund transfers between the client’s stock and bank accounts. The funds can be transferred within the same day. Read more...
