FX margin from 2%.
For Accredited Investors.
Become an Accredited Investor with City Index and trade from 2% margin on major FX pairs, along with other exclusive account benefits.
- S$150 bonus* upon approval of Accredited Investor status
- Monthly cash rebates
- Access to a dedicated Client Relationship Manager
Become an Accredited Investor
Industry-wide regulatory changes, introduced in 2019 by the Monetary Authority of Singapore (MAS), have resulted in minimum margin rates of 5% on FX markets for retail clients.
Opt-in to be classified as an Accredited Investor and (subject to review and approval) trade from 2% margin on FX and enjoy a range of other account benefits.
| Min. Accredited Investor Margin Rate | Accredited Investor Leverage | Min. Retail Margin Rate |
Retail Leverage |
|
|---|---|---|---|---|
Major FX pairs |
2% | 50:1 | 5% | 20:1 |
Accredited Investor Features and Benefits
Low Margin Rates
Sign-up Bonus
Cash Rebates
Priority Service
Check Your Eligibility
You will be eligible to qualify as an Accredited Investor if you meet one of the following criteria:
Personal assets: Net personal assets exceed S$2 million with net equity of primary residence capped at S$1 million (or its equivalent in a foreign currency)
OR
Financial assets: Financial assets, net of any related liabilities, exceed S$1 million in value (or its equivalent in a foreign currency)
OR
Income: An annual income of S$300,000 or more over the last 12 months
We will also reassess your Accredited Investor status on an annual basis to ensure that you remain eligible based on your circumstances at the time.
Apply for Accredited Investor Status
New Clients
OPEN AN ACCOUNT Open a City Index trading account using the link below.
GO TO MY ACCOUNT Select the ‘Accredited Investor’ banner in My Account.
BECOME AN ACCREDITED INVESTORComplete our simple application form.
Existing Clients
LOG IN TO APPLYClick 'Apply Now' below to start your application.
SUBMIT YOUR APPLICATIONComplete our simple application form.
BECOME AN ACCREDITED INVESTOROnce approved, enjoy trading as an Accredited Investor.
Accredited Investor Protections
Prior to opting-in to become an Accredited Investor, it is important that you also understand the risks associated with doing so.
Accredited Investors are assumed to be better informed, and better able to access resources to protect their own interests, and therefore require less regulatory protection. Investors who agree to be treated as Accredited Investors therefore forgo the benefit of certain regulatory safeguards.
For example, issuers of securities are exempted from issuing a full prospectus registered with the Monetary Authority of Singapore in respect of offers that are made only to Accredited Investors, and intermediaries are exempted from a number of business conduct requirements when dealing with Accredited Investors.
Investors should consult a professional adviser if they do not understand any consequence of being treated as an Accredited Investor.
Fund Security
Segregated client money bank accounts
Authorized and regulated in Singapore
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Safe, free deposits and withdrawals
FAQs
As part of ongoing reviews of industry standards, the Monetary Authority of Singapore (MAS) will be imposing an industry-wide leverage restriction on FX, resulting in minimum margin rates increasing from 2% to 5% for retail investors. Accredited Investors will be exempt from the restrictions and will thus will retain 2% margin rates.
The new legislation will be effective from October 2019, after which time retail clients will require a minimum 5% margin rate to cover positions on FX markets.
As an Accredited Investor, you will have access to higher leverage (50:1) on FX pairs than retail clients (20:1), meaning you will need to hold less margin to cover positions. Accredited Investors also receive additional account benefits such as priority service and cash rebates, but will receive less investor protections than retail clients.
You can opt-in to be classified as an Accredited Investor (subject to review and approval) using our quick and easy application form. You will need to have an existing City Index account in order to apply, and meet one of the three qualifying criteria as defined by MAS. You can find full details on how to apply here.
You can find full details on the Accredited Investor criteria here.
As an Accredited Investor, you will forgo some of the protections afforded to retail clients under both the Financial Advisers Act of Singapore (the “FAA”) and the Securities and Futures Act of Singapore (the “SFA”). You can find more details here. As a result of access to higher leverage on FX, you will also be liable for greater potential financial losses should the markets move against you. You should consider carefully the risks associated with becoming an Accredited Investor prior to applying.
Yes - you can choose to opt-out from being classified as an Accredited Investor and return to retail client status at any time by contacting our Client Services team (in writing). Note that it can take up to 7 days to process your request.
You can still trade over 4,500 markets on our award-winning platforms by opening a retail account with us. It's quick and easy to apply. You can also take advantage of our Guaranteed Stop Loss Order policy, which allows you to limit your risk and trade with lower margins.
Yes - you can apply using the same form within My Account as an individual. For Joint account holders - if one of the named account holders is an approved Accredited Investor by City Index, then the other named account holder(s) can opt-in to treat the account as an Accredited Investor in respect of dealings through that joint account.
*Terms and conditions apply