CFD Trading vs Forex Trading

  • To help cater for your trading needs, we offer both CFDs and forex via separate City Index trading platforms. City Index CFD account holders can trade over 5,000 markets globally via our CFD Online Trading Platform and City Trading iPhone App, whilst FX account holders have access to over 65 currency pairs via a range of six different trading platforms, including three types of downloadable platforms and an FX Trading App for Android and iPhone mobiles.

    The fundamentals of CFD and forex trading are very similar but there are some key difference

    Key differences:

    • Range of Markets: Forex trading offers pure currency trading only, while CFDs offer a broader range of markets to trade including indices, stocks and forex.
    • Trading Platforms: As a City Index FX client, you gain access to our range of advanced and professional trading platforms including web-based, downloadable, iPhone and Android trading apps. For CFD clients, we offer a browser-based trading platform as well as the City Trading CFD app specifically designed for the iPhone and iPod touch devices.
    • Guaranteed Stop Losses: This is available via the CFD platform only with standard stop losses and trailing stop losses available for forex account holders.

    At City Index, we seek to cater for all client needs and our ability to offer pure forex and CFD platforms helps us to give you a greater range of markets, platforms, trading tools and better trading flexibility.

    CFDs vs Forex Trading

    City Index Forex City Index CFDs
    Range of Markets
  • Forex only
  • Shares
  • Indices
  • Forex
  • Equities
  • Sectors
  • Commission
  • No
  • Equity markets only
  • Widened Spread
  • Yes
  • Non equity markets only
  • Minimum Trade Size
  • 1 lot of 1,000
  • 1 CFD
  • Platforms Available
  • Advantage Trader (download)
  • MetaTrader 4 (download)
  • City Index FX Trader (download)
  • City Index Web Trader (browser-based)
  • City Trading FX iPhone App
  • City Trading FX Android App
  • CFD Online Trader Platform (browser-based)
  • City Trading CFD iPhone App
  • Risk Management Orders
  • Standard tools available
  • Full tools available including Guaranteed Stop Losses
  • Auto Trader
  • Available via Advantage Trader and
  • MetaTrader 4 downloadable platforms
  • Not available
  • Deal Through Charts
  • Available via Advantage Trader downloadable platform
  • Not available
  • Built In Trading Strategies
  • 100+ trading strategies available via Advantage Trader downloadable platform
  • Can be purchased via Expert Advisors for MetaTrader 4 downloadable platform
  • MetaTrader 4 downloadable platforms
  • Not available
  • Any Questions?

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