Professional Trading

As an experienced trader, you may be eligible to be classified as a wholesale client. Apply for a Professional account with City Index to enjoy exclusive benefits, including access to the trading desk, one-to-one coaching with our market analyst and priority service.

Apply Now

Professional account features

Leverage

Access to the trading desk

To work orders on your behalf
Priority Service

Priority service

Support for all your trading needs with a dedicated client relationship manager
introducing brokers

One-to-one coaching

With expert analyst Tony Sycamore
Credit allowance

Credit allowance

Apply for our credit facility and enjoy greater financial flexibility, subject to approval
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Cash rebates

Enjoy higher cash rebates every month. Ask us for details
Sign up bonus

Sign-up bonus

$200 credit upon application success

Check your eligibility

You will be eligible to qualify for a professional account if you meet one of the following criteria:


Assets: You have net assets of A$2.5 million, including your home, other properties/land, superannuation, trusts, shares, other investments, savings, value of business, car/boat/other vehicle

OR

Income: You have a gross income for the last two financial years of at least A$250,000.

We will reassess your professional account on an annual basis to ensure that you remain eligible based on your circumstances at the time.

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Talk to us

Any questions about City Index Professional account?

Call us on 1800 354 182

Apply for a Professional account

New Clients

Open a City Index trading account

Contact us if you meet the criteria

We'll email you an invitation to apply

Create Account

Existing Clients

Confirm your eligibility for a Professional account by clicking on ‘Apply Now’ below.

Enquire about a Professional account with City Index via email at privateclientau@gaincapital.com

Apply Now

Professional account protections

Prior to opting-in to open a Professional account, it is important that you also understand the risks associated with doing so.

Wholesale clients are assumed to be better informed, and better able to access resources to protect their own interests, and therefore require less regulatory protection. Investors who agree to be treated as wholesale clients therefore forgo the benefit of certain regulatory safeguards.

For example, wholesale clients do not receive a Product Disclosure Statement detailing the products provided. Investors should consult a professional adviser if they do not understand any consequence of being treated as a wholesale client.

FAQs

You can opt-in to be classified as a Professional trader (subject to review and approval) using our quick and easy application form. You will need to have an existing City Index account in order to apply and meet one of the qualifying criteria. You can find full details on how to apply here.

You will be eligible to qualify for a Professional account if you meet one of the following criteria:

  • Savings: You have net assets of A$2.5 million, including your home, other properties/land, superannuation, trusts, shares, other investments, savings, value of business, car/boat/other vehicle

OR

  • Income: You have a gross income for the last two financial years of at least A$250,000.

Yes – you can choose to opt-out from being classified as a Professional client and return to retail client status at any time by contacting our Client Services team in writing. Note that it can take up to 7 days to process your request.

Yes - you can apply using the same form within My Account as an individual. For Joint account holders - if one of the named account holders is an approved Professional trader by City Index, then the other named account holder(s) can opt-in to treat the account as a Professional trader in respect of dealings through that joint account.

As a Professional client, you will have access to higher leverage than retail clients, meaning you will need to hold less margin to cover positions. Professional clients also receive additional account benefits such as priority service and cash rebates but will receive less investor protections than retail clients.

There is no change to the tax status of the products we provide to our clients with a City Index Professional account.

If you’re not eligible for City Index Professional account, you can still trade thousands of financial markets on our award-winning platform, using a standard City Index account. Learn more

Only clients that are new to City Index will need to first open a standard CFD trading account before applying for a Professional account.

If you already have a CFD account with us, you apply for Professional account now, if you think you may be eligible.