CFD Trading on Forex

Trade CFDs on Forex pairs like EUR/USD, GBP/USD and USD/JPY with fast execution and tight spreads.

Speculate on a wide range of over 65 global FX pairs and pinpoint opportunities with our powerful trading tools.

  • Tight spreads from 0.5 points
  • Trade on 65 global FX pairs
  • Choose Cash CFDs or Forwards
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Major CFD Markets
FX Pair Min. spread Typical spread Margin from*
AUD/USD 0.5 0.9 5%
EUR/USD 0.5 0.8 3.33%
USD/JPY 0.6 0.8 3.33%
EUR/GBP 0.9 1.7 3.33%
GBP/USD 0.9 1.8 3.33%
EUR/JPY 1.7 2.3 3.33%
USD/CHF 1.5 1.9 3.33%
EUR/CHF 1.5 2.3 3.33%
USD/CAD 1.9 2.6 3.33%
NZD/USD 2.2 2.8 5%

The “Typical spread” is a time-weighted median taken from all quotes in Oct 2019.

FX Pair Typical spread Margin from*
USD/CNH 9 5%
USD/CZK 41.7 10%
USD/DKK 12 10%
USD/HKD 12 10%
USD/HUF 31 5%
USD/MXN 89 5%
USD/NOK 40.7 5%
USD/PLN 30.9 5%
USD/SEK 49.9 5%
USD/SGD 4.8 5%
USD/TRY 181.8 5%
USD/ZAR 168.9 5%

The “Typical spread” is a time-weighted median taken from all quotes in Oct 2019.

FX Pair Typical spread Margin from*
GBP/AUD 6.1 5%
GBP/CAD 8 3.33%
GBP/CHF 5 3.33%
GBP/DKK 55 10%
GBP/JPY 3.8 3.33%
GBP/MXN 200 5%
GBP/NOK 87.6 5%
GBP/NZD 7.9 5%
GBP/PLN 47.4 5%
GBP/SEK 90.9 5%
GBP/SGD 11.4 5%
GBP/ZAR 223.8 5%

The “Typical spread” is a time-weighted median taken from all quotes in Oct 2019.

FX Pair Typical spread Margin from*
EUR/AUD 4.2 5%
EUR/CAD 5.4 3.33%
EUR/CNH 18 5%
EUR/CZK 34 10%
EUR/DKK 12 10%
EUR/HKD 18 10%
EUR/MXN 195.1 5%
EUR/HUF 36 5%
EUR/NOK 41.6 5%
EUR/NZD 7.3 5%
EUR/PLN 33 5%
EUR/SEK 40 5%
EUR/SGD 7 5%
EUR/TRY 189.2 5%
EUR/ZAR 155 5%

The “Typical spread” is a time-weighted median taken from all quotes in Oct 2019.

FX Pair Typical spread Margin from*
AUD/CAD 4.3 5%
AUD/CHF 2.7 5%
AUD/CNH 18 5%
AUD/JPY 2.8 5%
AUD/NZD 4.9 5%
AUD/SGD 8.3 5%
CAD/CHF 2.9 3%
CAD/JPY 4.2 3%
CHF/JPY 3.2 3%
CNH/JPY 117 5%
NOK/SEK 18.5 5%
NZD/CAD 4.2 5%
NZD/CHF 5.7 5%
NZD/JPY 3.7 5%
SGD/HKD 39 10%
SGD/JPY 5.9 5%

The “Typical spread” is a time-weighted median taken from all quotes in Oct 2019.

FX Pair Min. spread Margin from*
AUD/JPY Forwards 10 5%
AUD/USD Forwards 8 5%
EUR/AUD Forwards 25 5%
EUR/CHF Forwards 10 3.33%
EUR/GBP Forwards 8 3.33%
EUR/JPY Forwards 10 3.33%
EUR/USD Forwards 8 3.33%
GBP/AUD Forwards 40 5%
GBP/CHF Forwards 20 3%
GBP/JPY Forwards 20 3.33%
GBP/USD Forwards 8 3.33%
NZD/USD Forwards 8 5%
USD/CAD Forwards 8 3.33%
USD/CHF Forwards 8 3.33%
USD/JPY Forwards 8 3.33%
*for Retail clients. Professional Trader rate here

CFD Forex: Options

Options give you the right (but not the obligation) to buy or sell at a specific price before the expiry date. With City Index you can trade options as a CFD on EUR/USD and GBP/USD online.

Why trade Forex CFDs?

Trade Forex as a CFD with City Index – 24 hours trading on 65 FX currency pairs

Learn more about CFD Trading
Trade on falling rates
No UK Stamp Duty to pay*
Margins from 3.33%
Spreads on GBP/USD and EUR/GBP from 0.9 points
Spreads on EUR/USD and AUD/USD from 0.5 points
Choice of Cash, Forwards and Options
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Forex Cash vs Forwards

City Index offers two popular ways to trade CFDs on Forex: Cash CFDs and Forwards.

Forex Cash CFD

Ideal for
Shorter-term trading

Spreads
Tightest spreads of all FX pairs

Expiry dates
None

Financing charge
Incurs a finance charge for positions held overnight

Variable spreads
Variable spreads –can fluctuate depending on liquidity and volatility

Profit and loss
P&L crystallised only when positions are closed or partially closed

Forex Forwards

Ideal for
Longer-term trading

Spreads
Wider spreads than spot FX prices

Expiry dates
Fixed monthly/quarterly expiry date

Financing charge
No overnight financing charge applied as contained within spread

Position rollover
Positions can be rolled over to next month/quarter

Profit and loss
P&L realised when trade closed or expiry date

Trade wherever you are, on our fast, reliable platforms

Customisable charts

16 chart types with 80+ indicators designed to help you perform technical analysis

Award-winning platform

Our powerful technology is designed to suit you, whatever your level of trading expertise

Actionable trade ideas

Our research portal highlights trade ideas using fundamental and technical analysis

Trade anytime, anywhere

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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 Spread Betting, FX and CFD Trading
Authorised and regulated by the Financial Conduct Authority (FCA)
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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Trade CFDs with City Index
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