Professional account

A City Index Pro account gives you access to benefits including:

  • Trading with higher leverage
  • Higher cash rebates
  • Access to premium individual coaching from our expert market analysts
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Higher Leverage

Secure access to higher leverage than retail clients.

More Opportunities

Enjoy higher cash rebates and gain access to a credit facility.

Priority Service

A personal relationship manager on-hand to support your trading.

Exclusive Pro Training

Individual coaching by expert analysts and access to courses valued over $5,000.

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.

MARKETS RETAIL ACCOUNT PRO ACCOUNT
Forex 30:1 200:1
Indices 20:1 200:1
Share CFDs 5:1 20:1
Gold 20:1 200:1
All Other Commodities 10:1 100:1
Cryptocurrencies 2:1 4:1

Margin changes

How much margin will be required under the proposed changes?

If you placed a trade on AUD/USD with a $100,000 notional value:

RETAIL MARGIN $5,000

Under proposed leverage restrictions, the required retail margin would be $5,000.

PRO MARGIN $500

City Index Pro margin would be $500.

Subject to approval.
Please note that these changes take effect on 29th March 2021.

Higher cash rebates for Professional clients

Earn higher 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.

Indices Volume Retail Pro
Tier 1 $50 - $99.99m $3 $3
Tier 2 $100 - $299.99m $9 $10.50
Tier 3 $300m and above $10 $13
FX Volume Retail Pro
Tier 1 $50 - $99.99m $4.50 $4.50
Tier 2 $100 - $299.99m $10 $12
Tier 3 $300m and above $13 $14.50
Commodities Volume Retail Pro
Tier 1 $50 - $99.99m $4 $4.50
Tier 2 $100 - $299.99m $10 $12
Tier 3 $300m and above $13 $14.50

Exclusive Pro Training

As a Professional client you are eligible for an individual coaching session by expert analyst Tony Sycamore.

Tony has over 20 years experience trading primarily at Goldman Sachs and he has also worked in senior institutional roles at Commonwealth Bank and BNP Paribas. His experience has allowed him to see and work with some of the biggest global traders.

Tony Sycamore
Secure your exclusive Pro benefits now

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.

Apply Now

1 Open an account with City Index.
2 Check your Professional trader
eligibility and apply.
3 Become a Professional trader.

Are you eligible for a Professional Account?

If you're an existing customer, there are two ways to qualify for a City Index Professional account:

Criteria A
You meet one of the two criteria:

You have $2.5 million
in net assets

Or

You have had an income of at least
$250k for the past 2 years

If you qualify for a Professional account using one of these criteria, you may receive a bonus of  $10,000.
Terms and conditions apply.

Criteria B
You meet two of three criteria:

You have placed a minimum of 40 significantly
sized trades per year*

The value of your portfolio, assets
and investments exceed $250k

You have worked in a professional position in the financial sector (min. 1 year)


*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 our helpdesk if you would like us to check if you meet this criteria

Once your application is approved, start trading and enjoy all exclusive Professional account benefits.

X

Do you qualify for a $10,000 bonus?

1. Open a new Pro account* with ‘Criteria A’ and deposit at least A$5,000 in your account.
2. Once your deposit has been processed, you’ll receive A$2,000 in trading credit.
3. To unlock the remaining A$8,000 in bonus funds, you'll need to meet our trading requirements of at least 20 qualifying CFD trades:


“Equity CFD Trades” means open trades relating to CFD equities on the Qualifying Client’s Account to a total nominal value of USD $8,000,000 on the City Index platform.

- OR -

“Other CFD Trades” means open trades on the Qualifying Client’s Account on FX, indices, bonds, commodities, metals, interest rates or options to a minimum notional value of USD $75,000,000 available on the City Index Platform.

Find out more by reading the Terms and Conditions (PDF).

*Not available for existing clients of City Index.

Any questions? Talk to us

Phone

Call
1800 354 182
Chat

Chat

Refer a friend for a Professional Account and get $2,500

Frequently asked questions

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.

Only clients that meet the Criteria A ($2.5million in net assets or have an income of at least $250k for the past 2 years) and have opted in to the promotion will be eligible for the $10,000 bonus as per terms and conditions.

Secure your exclusive Pro benefits now