CityBroker.com Review

 

Year Established: 2014

Platform: SpotOption

Min. Deposit: $250

Visit Broker

 

 

 Quick Summary

Doesn't Accept US	Regulation	Payout
	None	Up to 85%

CityBroker is a new, profitable broker operating on the SpotOption trading platform. They offer a competitive package to their traders including free educational tools, a quick money withdrawal process, bonuses, and reliable, multilingual customer support.

 

Overview

Deposit Methods: Credit Card, Wire Transfer, Skrill, Web Money, and more

Withdrawal Time Frame: 3-5 business days to process the request.

Minimum Investment Amount: $25

Maximum Investment Amount: $20K

Support: 24/7 live chat, multilingual phone support, email or live chat

Bonus Structure: Up to 100% welcome bonus. Check with customer service for current bonus offers

 

User Experience

Deposit/Withdrawal: To deposit or withdraw is straightforward and fairly quick.

Trading/Execution:  Trading and execution is user-friendly.

Features:  CityBroker offers a full range of trading methods including 60 Second Options, One Touch, Pairs, Ladder, Forex, and Long Term.

Trading Education and Market Data: CityBroker offers traders a great selection of free educational resources including eBooks, courses, and videos.

They also provide daily, weekly and monthly news updates, as well as financial charts.
Another important advantage to CityBroker is that they use the SpotOption trading platform which received the first CySEC binary option license, ensuring a highly secured website which adheres to Cyprus financial regulations.

 

CityBroker Platform Trading and Features

Trading System

If you scroll down on the CityBroker homepage, you will see a trading screen. This screen shows you 7 different trading choices: Binary Options, Pairs, Long Term, 60 Seconds, OneTouch, Ladder, and Forex.

Binary options trades are standard Call/Put trades.  The default trade screen displays the Binary Options Hot Assets, which includes 2 Binary Option Trade boxes.

Just select Currencies, Commodities, Indices, or Stocks by clicking on one of the choices.  You can always choose whichever binary option asset you prefer to trade by clicking on the drop down menu in each trade box.

 

CityBroker offers the following Trading methods:

Pairs
This market neutral strategy combines a long position and short position in two stocks of the same sector. A profit or loss depends on whether the span between the two positions widens or narrows. This strategy seeks to generate significant returns while controlling the risk involved.

Long Term
A long-term trading method offers more experienced traders the ability to take a longer term view. This method involves predicting whether the market will rise or fall within a specified time period.

60 Seconds

60 Second Binary Options are standard Call/Put Binary Options with a short 60 second expiry.

One Touch Trading

This type of trading method is perfect for traders who believe the price of a specified asset will exceed a certain level, but are unsure of whether this price will remain at that higher level.

Ladder

The ladder strategy has traders predicting an assets long term behavior and then collecting profit as the assets reach predetermined price levels as it moves up the ‘ladder’.

Forex

In simple terms, Forex trading is the process of trading currencies from different countries against each other. This method provides traders with the ability to make quick profits in both rising and falling markets.

CityBroker Mobile App

The CityBroker mobile app is compatible with Android and soon with IOS operating systems. The app is a fully functioning trading platform with all the features on the standard desktop version. The platform is modified specifically for use on the mobile screens. Now you can trade Binary Options and keep tabs on your trades anywhere you go.