Get paid to trade with City Index Pro

New Pro clients can earn $1,000 in trading credits every month, converted into $12,000 cash if you complete 12 months. It’s our most generous offer yet.

Signup before December 31. Terms and Conditions.

APPLY NOW

There are 3 requirements for new
Pro clients to earn $1,000 each month:

First apply for an account then upgrade to Pro below.

Trade the $1,000 credit as margin each month

Maintain a $10,000 cash balance each month

Example

  • A new Pro client deposits $10,000 and receives their first $1,000 trading credit early next month.
  • The client trades $60,000 notional requiring over $1,000 margin and maintains a cash balance over $10,000.
  • After account review, the client is credited with another $1,000 early next month.
  • After meeting the monthly trading and cash balance requirements for 12 months, the client’s $12,000 trading credits are converted to cash, available to be withdrawn.
Get paid to trade
Earn $1,000 in trading credits every month for 12 months

Ready to upgrade to a Professional Account?

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

A You meet 1 of the following:
i) $2.5m in net assets OR
ii) $250k income for the past 2 years .

Existing clients, upgrade here
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.

Existing clients, upgrade here

* 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 [email protected] 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.

Trade with higher leverage

Continue to enjoy trading on higher leverage when you become a City Index Professional client.
You will retain most of the benefits and protections of a retail account, all at no additional cost.

  RETAIL PRO ACCOUNT
Markets   A 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
Cryptocurrencies 2:1 15:1 4:1

Subject to approval.

Pro Credit FAQs

If you meet our cash balance and trade criteria each month for 12 months, you’ll be credited AUD$12,000 in trading credits which we’ll then convert to cash, available to be withdrawn.

Clients who meet the cash balance and trade criteria for less than 12 months will retain the trading credits they’ve earned on their account, usable as margin. However at the conclusion of the program in September 2022, we will remove these credits from the client’s account, communicating this beforehand to allow management of margin and positions accordingly.

Trades where the margin required totals AUD$1,000 must be opened within the month. This requirement could be satisfied by 1 trade or many trades opened across any number of asset classes throughout the month. The table below contains examples of trades requiring AUD$1000 margin.

Assets Indices FX Shares Metals
Market SP500 AUD/USD AAPL GOLD MINI
Quantity 40 $200,000 125 90
Price 4155 $0.75 $130 1770
Notional AUD $221,600 $200,000 $21,667 $212,400
Leverage 200 200 20 200
Margin $AUD $1,108 $1,000 $1,083 $1,062
AUD/USD $0.75

A client’s cash balance may move higher and lower during the month as profitable or loss-making trades are closed. The only requirement is that at the time of account review at the end of the month AUD$10,000 cash is present on account.

Accounts will be reviewed on the last business day of each month and credited within 5 business days of the next month. While we endeavour to remain true to these dates, changes in when we’re able to review and credit accounts may occur.

There's never been a better time to become
a City Index Pro and enjoy benefits including

Monthly Trading Credits

Higher Leverage

Rebates and Credit

Priority Service

    

Cash rebates for Professional clients

Earn monthly cash rebates when you qualify as a City Index Professional client. To qualify, you will need to have traded the required minimum monthly volume. You can combine the traded volume of more than one asset class in a single month to reach a qualifying tier.

What changes when you become a Professional trader?

Retained protections

  • Professional account funds will be safeguarded in a segregated account.
  • You have the right to request for a different account at any time e.g. revert to a retail account.

Waived Protections

  • You will not receive a Product Disclosure Statement or Financial Services Guide document. However, we will continue to provide all the relevant disclosures.
  • You will not have negative balance protection on your Professional Account.
  • You may be excluded from the Australian Financial Complaints Authority’s (AFCA) external dispute resolution scheme, at AFCA’s discretion.

Any questions? Talk to us

Phone

Call
1800 354 182
Chat

Chat
We are here to help. Chat with a rep.

Pro Account 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.

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 as for individuals mentioned here. For Joint account holders - both/all of your named account holders need to be approved as Professional traders in order for the account to be treated as a Professional account.

Once ASIC restrictions commence, 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 can apply for Professional account now, if you think you may be eligible.

Get paid to trade
Earn $1,000 in trading credits every month for 12 months