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Jeffrey Cammack is the Editorial Director & COO of Schlossbrink AB – and an owner of the FxScouts brand. He has over 12 years of experience in financial product marketing, education and analysis.
Jeff has been a Forex trader since 2007, having first started marketing complex investment products in 2006. He narrowed his professional focus to CFD and Forex products in 2010 and has been reporting on macroeconomic issues and currency analysis since 2012. He has been quoted by various media outlets, including MarketWatch, Yahoo News and US News & World Report. His educational background in communications has given the organisation strong editorial direction and clear, actionable mentorship for our readers.
Jeff has held many educational, management and advisory positions in the online world. From his start in corporate education, his approach has always been to drive change and knowledge growth. He achieves this through clear and structured communication with the goal of helping others understand complex issues with ease.
Jeffrey Cammack October 22, 2019 09:58 AM
CityIndex does not accept clients from India. Please visit Forex.com instead. Founded in 1983, CityIndex is one of several brokers that pre-dates the internet and the subsequent online trading boom. Owned by NASDAQ-listed StoneX, CityIndex is a good broker for traders looking for simple account options and a large range of financial instruments on the MT4 trading platform. A well-regulated broker, CityIndex offers one live commission-free account with no minimum deposit requirement and spreads that start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is much tighter than similar brokers. CityIndex offers a choice between MT4 and its own proprietary web trader platform – an advanced automated trading platform with deep customisation and back-testing. CityIndex's financial instrument offering is impressive, with over 4700 assets available for trading, including 84 Forex pairs, 4500 stock CFDs, indices, commodities, bonds, metals, and interest rates. City Index’s education section is useful for beginners who want to get up to speed quickly, and its market analysis provides excellent trade ideas. Overall, a good all-round broker that competes well with other traditional brokers of its size and type.
Jeffrey Cammack October 22, 2019 09:57 AM
For experienced traders who value a broad range of tradable assets and an extensive suite of trading tools, Amana Capital is a tempting option, though trading costs are higher than other brokers on its entry-level account. Amana Capital’s entry-level commission-free account has relatively wide spreads, but it also offers two high deposit (>25,000 USD) account options- Amana Active and Amana Elite - with tight spreads (0.1 pips on the EUR/USD) and a small commission per lot traded. Experienced traders may also be attracted by the number of tradable assets on offer, including over 332 share CFDs and 66 Forex pairs alongside indices, commodities, metals, energies, and cryptocurrencies. Amana Capital supports both the MT4 and MT5 trading platforms, and traders have access to some of the best trading tools in the industry, including Autochartist, Trade Captain, Zulutrade, and a VPS hosting service. All tools are offered free of charge to those with a live account, but the VPS service is exclusively for Amana Active clients. Beginners will find Amana Capital’s education section comprehensive and detailed, but it offers virtually no market analysis. Other disadvantages are a largely unresponsive customer support service, and substantial fees for deposits and withdrawals.
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