DMA Trading Account

Direct Market Access for experienced high volume Forex traders who demand deep liquidity and the control to take advantage of ultra tight spreads

  • Trade on prices sourced from global banks and top tier liquidity providers – with no additional mark up
  • View multiple levels of real time pricing, min trade size 100K
  • Discounted commissions based on trading volume

Straightforward, transparent pricing

When you trade with a DMA account, you'll pay no City Index spread. In addition, you'll benefit from volume discounts the more you trade.

We charge you a standard commission and you’ll earn discounted commissions based on your trading volume. The more you trade, the deeper the discount the following month – see an example.

Earn up to 67% reduction from standard commission
Monthly Volume Commissions per USD million traded Reduction Standard Commission
$0M - $100M $60 0%
$100M - $250M $40 -33%
$250M - $500M $35 -42%
$500M - $1B $30 -50%
$1B - $2B $25 -58%
$2B+ $20 -67%

Open a DMA Account

Whether you're a new or existing client, opening an account is simple and takes only a few minutes

New Customers

1. Individual customers apply here.

2. All other customers, such as joint or corporate, should fill out and submit an application. Follow instructions for existing customers after your account is opened.

Open a DMA Account

Existing Customers

1. Log in to MyAccount

2. Under Add New Account, select City Index Direct Market Access (DMA)

3. Follow the instructions to complete your request

As an existing customer, we will create a new account for DMA trading.

To discuss City Index’s DMA account call us +65 6826 9988 or email [email protected]
DMA animation

Trading DMA

Our forex DMA dealing ticket is designed to provide traders with greater visibility into the Forex market.

Typically only available to institutional traders, City Index’s DMA account gives you access to multiple levels of liquidity displayed in real time. You’ll view pricing available on either side of our order book and have the ability to place orders within the top of book spreads.

Keep in mind, this doesn't necessarily mean that the top-of-book prices will always be better than our standard pricing as factors such as size of trade and time of day can impact the tightness of the bid/ask spread.

Lifecycle of your trade

Spot the trade

See depth of market and identify the best bid and offer available

Place the trade

instantaneous market check to ensure sufficent funds

Trade is routed to liquidity providers

and executed with no mark up

We book the trade

into your account at the exact same execution price

Req. Margin $23,368

You'll trade on prices sourced directly from our liquidity providers and City Index acts as principal to your trade.

Ready to trade on a DMA account?

Why City Index?

With fast, reliable execution and tight spreads, here's why our clients choose
City Index
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Over 35 years' experience in Forex and CFD Trading
Regulated by the Monetary Authority of Singapore (MAS)
Risk management tools to help protect your positions
Trade on multiple platforms and devices
Actionable buy/sell trade ideas from our research portal
Fast, easy payments and secure withdrawals
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