City Index Fees and Commissions Revealed

Introduction

With the City Index broker you can invest online in a multitude of different financial instruments such as forex, CFDs, ETFs, and more.

This company, which has more than 30 years of experience in the sector, stands out for offering a professional and transparent service . The City Index group has a presence in a lot of countries and has various regulations, for example it is regulated by FCA, the Financial Conduct Authority in the UK.

But, what is the cost of their services? Like other online brokers, City Index applies a series of fees, which represent their fees. If you want to know what are the most significant commissions for trading in Forex, and ETFs with this online broker, whether you are a client belong to the Latin American area, we invite you to read this article:

City Index fees may vary from account type to another. Please read the following sections for more information.

Commissions

City Index does not charge commissions for spread bet and CFD trading.

The only exception is for the share CFD trading as the following table shows.

Commissions Table

Trading Fees

Forex

The minimum spread for EUR/USD is 0.5 pips.

Indices

The minimum spread for trading UK 100 is 1 point.

Shares

For trading shares, the Spread each side (DFT) is 4 cents Apple and Amazon.

Commodities

For coffee and sugar, there are fixed spreads of 0.9 and 0.06 points respectively.

Metals

For gold and silver, the spreads are 0.3 and 2.0 points respectively.

Bonds

The minimum spread for trading bonds is 0.2 points.

Disclaimer: CFDs have a high risk of losing money rapidly. 79% of retail investor accounts lose money due to leverage when trading CFDs with this provider. CFDs are not complying with the islamic religion. And if you want to trade in CFDs you should consider a swap-free account to follow islamic rules. Learn more about CFDs for muslims.

Non-Trading Fees

• Account Fee: $0
• Deposit fee: $0 for credit/ debit cards and bank transfers
• Withdrawal fees: $0 for credit/ debit cards and bank transfers

(you can check the full withdrawal fees in withdrawal fees section)

• Inactivity fee: City Index charges an inactivity fee after 12 months of inactivity according to the account base currency as the following table shows.

FAQs

1. Does City Index give a bonus?

• City Index Deposit bonus is not a reliable deal. It offers a small percentage of incredibly high deposits.

1. Does the City Index allow scalping and hedging?

• City Index does not allow scalping but does allow hedging.

1. When trading forex, will you lose more than your initial deposit?

• Both our MetaTrader 4 and City Index platforms are set to automatically close your positions when your margin requirement reaches 100% (stop out level).
• Please note that this process is automated and is not a guarantee that your account will not enter into a negative equity situation and you should keep a balance amount in your account above your required margin.