FX raw 0

Raw FX account: trade from zero pips

Trade major FX pairs including AUD/USD, EUR/USD, GBP/USD and USD/JPY from 0.0 pips.*

*Under certain circumstances zero spreads will not be possible.
**From 1 May 2023, commissions on FX pairs from AU$2.50 per AUD$100k on Webtrader (or base currency equivalent). Please see our FAQs for FX commissions on MT4.


FX raw 0

Why open a Raw Spread account with City Index?

 

Competitive pricing

Our performance in numbers

0.1 m+
Active clients*
1000 +
Markets
0.55 s
Average execution
1 +
Staff
1
Years' experience

*StoneX retail trading live and demo account holders globally since Q4 2020.

Why trade with City Index?

Over one million account holders* use us to trade the financial markets. Here's why.

*StoneX retail trading live and demo account holders globally since Q4 2020.

Performance Analytics
Performance Analytics

Gain even deeper insight into your trading behaviour and performance across four key metrics with Performance Analytics, powered by Chasing Returns.

Risk Management
PlayMaker

Be in control of your trading every step of the way by protecting your capital from excessive risk or emotion

SMART Signals
SMART Signals

Get trade ideas driven by statistics – not opinions. Our engine analyses dozens of global markets based on years of historical data

Dedicated customer service
24/5 customer care

Our Client Support team is always on hand to help with any queries.

Powerful trading tools

Open an account today
Open an account today

FAQs

Which account is best for you?

That depends on what type of trader you are and your individual style. But if you have any questions, please do not hesitate to reach out to your designated account manager who would be able to suggest the best account type for your trading needs. Take a look at the table below to see which account might be suitable for you:

  Standard  Raw Spread  
Typical EUR/USD spread From 0.5
From 0.0
Commission $0 From AU$2.50*
Scalping and Hedging allowed? Yes Yes
Account base currencies AUD, USD AUD, USD
Margin close out level 50% 50%
Markets All All
TradingView Connectivity? Yes Yes
MT4 Compatible Yes Yes
Min trade size (lots) 0.01 0.01
*Under certain circumstances zero spreads will not be possible. Commissions on Gold and FX pairs from AU$2.50 per AUD$100k on Webtrader (or base currency equivalent). Please see our FAQs for Gold and FX commissions on MT4.
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Can I maintain a standard and Raw Spread account simultaneously?

Absolutely! You are free to try the different account types we offer and maintain multiple accounts at the same time. Moving funds between different accounts is simple, free, and instantaneous via your client dashboard. You can maintain up to 5 accounts at the same time without issue. If you’re looking for more, please reach out to your account manager or our client services team to see if we can accommodate your request.

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What are the Gold and FX Commissions for Web Trader and MT4?

  WebTrader MT4

Professional Accounts

AU$2.5 per AU$100,000 (AU$5 round turn)   
  • AUD trading account: AU$3.5 per lot (AU$7 round turn)
  • USD trading account: US$2.5 per lot (US$5 round turn)

Retail Accounts

AU$3 per AU$100,000 (AU$6 round turn)   
  • AUD trading account: AU$3.5 per lot (AU$7 round turn)
  • USD trading account: US$2.5 per lot (US$5 round turn)
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What is the difference between spreads and commission?

The spread refers to the difference between the buy and sell price of a market, while commissions are a nominal fee to be paid to the broker when opening and closing a trade. Commissions are always charged based on the base currency of your account, while spreads are charged based on the quote currency you are trading. For example, for the EUR/USD currency pair, USD would be the quote currency.

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How is commission calculated? Or is there a minimum commission?

Commissions are calculated based on the volume of the trade and are pro-rated. There are no minimums - commissions will be charged only based on the volume of your trade.

WebTrader

The commission charged on an AUD 100,000 trade is AUD 2.5 for professional clients and AUD 3 for retail clients. Therefore, if you trade a mini lot or AUD 10,000, the commission charged will be AUD 0.25 for professional clients and AUD 0.30 for retail clients.

MetaTrader

Commissions are charged per lot on MT4. The commission rates are AUD 3.5 per standard lot for retail and professional clients. Therefore, if your trade size is 0.1 lots (or a mini lot), the commission charged will be AUD 0.35, assuming the base currency of your trading account is AUD.

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