Pricing and Charges

We are upfront about the costs of trading with us and our transparent pricing means you'll always know our charges.

View a full list of pricing and charges at City Index across all of the markets we offer.

  • No commissions on CFDs except shares
  • Our margins start from 2%
  • Tight spreads from 0.5 points on FX

Our Trading Charges

Spreads, commissions and margins

City Index is transparent and open about the details of all of our related trading costs so that you know exactly how much you pay when you trade with us.

Spreads (fixed and variable)

We offer both fixed and variable spreads depending on the market you wish to trade. For a list of the spreads available on our most popular markets, see the table above.

Fixed spreads don't change according to market conditions such as volatility or liquidity. Fixed spreads may either be offered for a defined period of the day, or throughout trading hours.

Variable spreads may fluctuate throughout the day according to different factors such as underlying liquidity or market volatility. With variable spreads, City Index will quote you the minimum spread it could be, plus an average spread for a defined historical period of time.

Visit our Help and Support section for more information.

Margin (Step margin)

Margin is the amount of money you need in order to open a position on a market with us. You can find out more about the benefits of trading on margin in our Education section.

The larger the trade size, the higher the risk level associated with the trade. Therefore we may increase our margin requirements for larger size trades or any additional trades in that instrument. Below is an example of how this may work:

CFD quantity Margin
0-1,000 5%
1,000-10,000 10%
10,000-50,000 15%
50,000+ 20%

Commission

With the exception of Shares CFDs, all of our CFDs are commission free.

Share CFDs are subject to commission charges which vary by market - see table below:

Market name CFD Spread CFD Commission Minimum
Singapore shares Market 0.8% SGD 10
US shares Market 1.5 cents per share USD 15
UK shares Market 0.10% GBP 15
European shares Market 0.10% EUR 25
Australian shares Market 0.08% AUD 5
Hong Kong shares Market 0.15% HKD 15
Japanese shares Market 0.05% JPY 1,000

Financing charges

Financing is a fee that you pay in order to hold a position open overnight. The daily financing fee will be applied to your account each day that you hold an open position (including weekend days).

We calculate the Overnight Financing Fee as follows: F = V x I / b

• F = Daily Financing Fee
• V = Value of equivalent holding of the underlying instrument
• I = Applicable Financing Rate
• b = Day basis for currency (365 for GBP, AUD and SGD, 360 for all other currencies)

For further details on Overnight Financing Charges contact our Client Management team.

FX overnight financing charge

Each night you will pay a small financing charge on the exposure of the Forex trade, including the amount that has been effectively borrowed in order to trade the full position.

Please review the market information sheets in the Advantage Trader platforms for details on further financing charges on FX.

Funding and withdrawal costs

Transactions involving debit or credit card deposits and transfers will not incur any charges from City Index.

Overseas wire transfers may apply but this will be subject to your own bank's fee schedule.

Start trading with City Index

Back to base/currency conversion charge

We will apply commercially reasonable rates for Back to Base (Currency Conversions). Conversions and the rates applied will be disclosed on your contract notes and statements.

Futures Rollover discount

Receive a 50% spread discount if you roll a futures contract at expiry. Rollover requests are by telephone only. For more information on Future Rollover discounts, visit our CFD Trading page.

Dividend adjustments

CFDs are subject to corporate actions including dividend adjustments. We may make dividend adjustments if a dividend is scheduled to be paid to the holders of the underlying instrument. These adjustments are normally made on the ex-dividend date. Long positions receive adjustments net of tax, whereas short positions are charged the declared amount of gross tax, where applicable.

Borrowing cost for shorting CFDs

Very few markets will incur a borrowing charge, and to determine whether the market you wish to trade has borrowing costs or not, please contact Client Management.

Inactivity fees

Where no activity has occurred on your account for a period of 12 months or more, your account will be deemed inactive. A monthly inactivity fee of $25 (or equivalent to your cash balance if less than $25) will be applied for accounts that are inactive for 12 months or more.

Start trading with City Index today

Open a CFD Trading account to trade on a wide range of global markets.

Trading Platform