
Claim your $40 cash bonus & free SMT®️ Premium Membership (worth $888)
Open an account before 8 February and receive $40 cash bonus. Plus, redeem a 12-month SMT®️ Premium Membership (worth $888) when you meet the minimum trading requirements.
Start trading and enjoy a $40 cash bonus
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Openan account
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Depositand fund securely
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Start tradingon 6,000+ markets
Bonus tiers
In order to qualify for your bonus, you’ll need to meet the trading requirements outlined below within 60 days of opening an account with us:
Tier 1 | Tier 2 | |
---|---|---|
Deposit requirement (SGD) | $500 | N/A |
Trading Requirement FX, Indices, Shares and/or Commodities |
At least 1 trade | USD $8.8 million |
Bonus Amount (SGD) | $40 | $40 cash bonus and 12-month SMT®️ Premium Membership (worth $888) |
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 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.
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 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 | $2,000 |
Equities | $2,500 |
Metals, Commodities & other markets | $2,500 |
The minimum deposit amount required is $150. When funding via a debit or credit card the minimum amount per card transaction is $250.