Create a Professional Trading Account

Become a City Index Pro and benefit from higher leverage, generous cash rebates across all asset classes and dedicated account management. Plus if you signup before July 31, you’ll benefit from our Welcome Rebate which refunds your trading costs as cash, up to $12,000 over a year, from your first dollar traded.
Exclusive benefits from a Professional trading account
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Percentage sign with arrow above hand
Improved margin rates
Trade with even smaller margin requirements across thousands of global financial markets.
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Percentage sign
Exclusive trading rewards
Enjoy a range of exclusive benefits when you qualify as a City Index Professional trader.
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Tick inside speech bubble
Priority service
Receive priority service from a dedicated Relationship Manager, with broker-assisted dealing on your Professional trading account.
Dollar sign with up arrows below
Dollar sign with up arrows below
Credit facility
Gain access to credit for even greater flexibility, subject to approval.
Pro Cash Rebates
Pro Cash Rebates
Welcome Rebate
Open a Pro Account before July 31 and trade without trading costs for 12 months. Up to $12,000 rebated as cash.
Pro Sign-up Bonus
Pro Sign-up Bonus
Refer a Friend
City Index Pro clients are eligible to earn up to $9,000 by referring friends. If your friend joins before July 31 they are eligible to trade without trading costs for 12 months.
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Retained protections

Segregated client funds
Professional account funds will be safeguarded in a segregated account.
Best execution
We always execute your trade orders in line with our Best Execution Policy, opening and closing positions at the best possible price in the markets.
Trade confirmations
Your trade confirmations will remain unchanged as a City Index Professional and are sent by the end of the first business day following the execution of the trade, or earlier.
Account choice
You have the right to request a different account at any time e.g. revert to a retail account.
Trading chart

Waived protections in Professional trading accounts

No disclosures
You will not receive a Product Disclosure Statement, Financial Services Guide document or Target Market Determination. However, we will continue to provide all the relevant disclosures.
No negative balance protection
You will not have negative balance protection on your Professional Trading Account.
May be excluded from the AFCA
You may be excluded from the Australian Financial Complaints Authority’s (AFCA) external dispute resolution scheme, at AFCA’s discretion.
Markets Retail Trading Account Pro Trading Account A Pro Trading Account B
Forex 30:1 300:1 200:1
Indices 20:1 300:1 200:1
Share CFDs 5:1 30:1 20:1
Gold 20:1 300:1 200:1
All other commodities 10:1 150:1 100:1
Crypto 2:1 15:1 4:1
Trade with higher leverage

Continue to enjoy trading on higher leverage rates when you become a City Index Professional trader.

You will retain most of the trading benefits and protections of a retail account, all at no additional cost.

Volume* FX / Crypto / Commodities** Indices**
Tier 1 $50m - $99.99m $4.50 $3.00
Tier 2 $100m - $299.99m $12.00 $10.50
Tier 3 $300m and above $14.50 $13.00

*US $
**Rebate per million (AU $)

Monthly cash rebates

As a City Index Professional trader, the more you trade with us, the more you will receive in monthly cash rebates. All rebates are calculated on a trade volume basis, with a monthly minimum of $50m in traded volume per calendar month.

You will receive monthly rebates on forex (FX), indices, cryptocurrencies and commodities trades according to varying tiers based on your traded volume for that month per asset class. All rebates will be paid into your City Index Professional trading account at the beginning of the following month.

Apply for a Professional Account

  1. Open an account
    Create a City Index trading account
  2. Log in
    Navigate to MyAccount
  3. Select Professional
    Download the application form
  4. Complete application
    Submit any supporting documentation

Can I earn cash by referring friends into the Welcome Rebate program?

All City Index Pro clients are eligible to earn up to $9,000 by referring friends. It’s even better for new Pro clients who can take advantage of both the Welcome Rebate and Referral bonuses.* Here’s how the referral program works:

  • Share this page about our new Welcome Rebate program.
  • Enter both your and your friend’s account details via this form.
  • Receive up to $9,000 in cash for your referrals. **

Don’t let your friends miss out on this opportunity to trade without trading costs.

* Terms and conditions apply

** Your friend must achieve at least $300 in monthly trading costs at least twice in three months. You’ll receive $1,000 for each of your first three friends and $3,000 for your fourth and fifth referrals.

Award-winning provider

Best Professional Trading Platform 2021
Online Personal Wealth Awards
Overall Personal Wealth Provider 2021
Online Personal Wealth Awards
Best CFD Provider 2021
Online Personal Wealth Awards
“Best in Class” Overall 2020
ForexBrokers.com
Best Platform for the Active Trader 2020
ADVFN International Financial Awards

Professional Trading Account FAQs

What are the requirements of a Professional trader?

We have two Professional accounts available. To apply for Professional account A (wholesale), you need to have one of the following:

  • Net assets of AU$2.5 million
  • A gross income for each of the last two financial years of at least A$250,000 To qualify for Professional account B (sophisticated), you must meet two of the following three criteria:
  • To have made a minimum of at least 40 significantly sized trades per year*
  • To currently have a financial portfolio in excess of $250,000**
  • To have worked in a professional capacity in the financial sector for 1+ years

* Significant size is determined as a minimum notional value of $20,000 on equities or $100,000 on forex, indices and commodities (or currency equivalent). Please contact PrivateClientAU@StoneX.com or 02 9028 7573 if you would like us to check if you meet these criteria.

**Examples of acceptable types of portfolio, assets and investments are cash savings, stock portfolio, trading accounts, both cash and leveraged and mutual funds. Please note that we would not accept superannuation funds, non-tradable assets, property, luxury cars and jewellery.

When calculating your net assets remember to include the following: Your home, other properties/land, superannuation, trusts, shares, other investments, savings, value of business, car/boat/other vehicle.

Before you consider trading professionally, we’d recommend ensuring that you have strong experience of the markets, a track record of success, enough time to dedicate to trading and a clear plan. A Professional trading account gives you access to higher leverage and flexible margins but doesn’t feature many of the protections that come with a standard account – including negative balance protection.

Get started with your Professional account, or open a standard account here.

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What are the features of a City Index Professional account?

The features of a City Index Professional account include margin rates from 0.5%, monthly cash rebates, market execution support, interest-free credit facilities, a dedicated relationship manager and unique fee structures.

When trading commodities, for example, standard accounts are limited to 10% margin. As a Professional trader, that drops to just 1%.

If you’re eligible, you can open your Pro account here.

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What if I am not eligible to become a Professional trader?

If you’re not eligible to become a Professional trader, you can still trade with a standard City Index account. You’ll get access to a huge range of tools to help you conquer the markets, including:

  • Award-winning trading platforms
  • Performance Analytics
  • SMART Signals
  • Advanced charts from TradingView
  • Expert market analysis
  • Fast trade executions

Don’t have an account yet? Open your trading account here.

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Ready to upgrade to a Professional Account?

If you meet criteria in either A or B you qualify for a City Index Professional account:

Pro A

You meet 1 of the following:

i) $2.5m in net assets OR

ii) $250k income for the past 2 years.

Pro B

You meet 2 of the following:

i) a minimum of 40 significantly sized trades per year*

ii) your portfolio, assets and investments exceed $250k**,

iii) worked in a professional position in the financial sector for at least 1 year.

* Significant size is determined as a minimum notional value of $20,000 on equities or $100,000 on forex, indices and commodities (or currency equivalent). Please contact PrivateClientAU@StoneX.com or 02 9028 7573 if you would like us to check if you meet this criteria.

**Examples of acceptable types of portfolio, assets and investments are cash savings, stock portfolio, trading accounts, both cash and leveraged and mutual funds. Please note that we would not accept superannuation funds, non-tradable assets, property, luxury cars and jewellery.