Enjoy $888 cashback on your first trades
Trade with reduced costs for your first 2 months when you open an account before 31 March. Join over a million traders and receive up to $888 cashback on your first trades, with no minimum trading volume required.
Start trading and get up to $888 cash rebates
Depositand fund securely
Start tradingon 6,000+ markets
Start trading with your trading fees on us
Receive up to $888 cashback on your first trades, with no minimum trading volume to meet. Simply open an account before 31 March 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.