Receive $888 cashback in your Ang Bao
Celebrate this Lunar New Year with us and enjoy a $50 cash bonus exclusively for MoneySmart followers only. Additionally, receive rebates up to $888 when you open an account before 29 February. Join over a million traders and discover your potential with a multi-award-winning broker with over 40 years’ history of success.
Get up to $888 rebated this Dragon Year
Depositand fund securely
Start tradingon 6,000+ markets
CNY rebates - start trading with your trading fees on us
Receive up to $888 cashback on your first trades this Lunar New Year. Simply open an account before 29 February and we'll rebate 50% of any spread or commission fees incurred during your first 2 months of trading, up to a maximum of $888. Trade a huge range of markets across FX, indices, shares or commodities to enjoy the rebates.
Find full details of the promotion in our T&Cs
Award-winning since 1983
*Total number of new and existing retail account holders for City Index and Forex.com globally since 2023.
Opening a trading account FAQ
How much money do I need to deposit to create a City Index Singapore CFD trading account?
We recommend the following initial deposit amounts, depending on the trading activity you intend to carry out:
|Intended trading activity
|Recommended initial deposit
|Forex (FX) / Indices
|Metals, Commodities & other markets
The minimum deposit amount required is $150. When funding via a debit or credit card the minimum amount per card transaction is $250.
How can I fund my account?
You can fund your CFD trading account using debit or credit cards, PayNow, internet banking / FAST, Bill Payment or wire transfer.
How long will it take to open an account?
The time taken to open an account depends on the speed at which we can verify your identity. If you apply with Myinfo using your Singpass account, then (in most cases) we will be able to electronically verify your identify instantly and you will be able to trade after successful funding. If you choose not to apply using Myinfo, then you will need to provide supporting documents in order for your account to be opened.