Citibank is one of the largest U.S. banks so I think your money is safe when trading with CitiFX Pro. Spreads are very competitive, execution is fast as you would expect and you can feel safe knowing you’re dealing with one of the largest financial institutions in the U.S. In addition, CitiFX is constantly striving to improve their services and client relations. In 2011 they won the award for Best Retail Platform from FX Week as well as winning Digital Markets Award for margin FX trading.
CitiFX is possibly the most well known name in the forex market around the world. In a market with too many smaller and newer brokers that don’t have an established track record, clients have indicated they are interested in establishing a long-term relationship with a reputable bank that has offered top-level FX services to clients around the world for decades.
Company Name: Citigroup
Online Since: 2008
Country: USA
Regulated: Citi is one of the largest banks in U.S.
Payments/Withdrawals: Wire transfer
EUR/USD Spread: 1.2 – 1.6 pips
Minimum Account Size: $10,000
Leverage: 1:25 and 1:50
Minimum Position: 1 lot
Platform(s): Metatrader 4, CitiFX Pro Web, CitiFX Pro Desktop
Mobile trading: CitiFX Pro Mobile
Demo Account: Yes
Support: Phone, email
Training: No
Managed Accounts: No
Languages Supported: English
Trade what?: Forex
ECN/STP: ECN execution
Advantages: Metatrader 4 platform supported, other advanced trading platforms available, one of the largest U.S. banks
Disadvantages: No mini-forex accounts, complicated to open an account
Partner Programs: None
Learn more about CitiFX Pro here
