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City Index fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: FCA (446717); ASIC (AFSL 345646); MAS and other StoneX group regulators. How City Index is regulated

Facts last checked . Read the full City Index review.

What it costs to trade

Spread from
0.5 pips
EUR/USD spread
Approx. 0.7 pips
GBP/USD spread
Approx. 1.1 pips
Commission
$0 on forex
All-in cost, EUR/USD
Approx. 0.7 pips
Spread type
Variable
Overnight swap
Both: overnight financing may be charged or credited
Inactivity fee
£12 per month after 12 months of inactivity
Deposit fee
None internally
Withdrawal fee
Generally none internally
Currency conversion
0.5% on applicable realised P&L/charges

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

Spreads from 0.5 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

City Index lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about City Index fees

Does City Index charge to deposit or withdraw?

Deposit fees at City Index: None internally. Withdrawal fees: Generally none internally.

Does City Index charge an inactivity fee?

City Index's inactivity fee is recorded as £12 per month after 12 months of inactivity.

What does City Index charge to hold a position overnight?

Overnight financing at City Index is recorded as both: overnight financing may be charged or credited.

Fees at brokers under the same regulator

More about City Index