Spread bet pricing

Spread betting at City Index is priced to offer you the most cost-effective way to access the markets of your choice. In every market we cover, City Index offers highly competitive spreads and charges.

Spreads

The spread is the gap between the prices at which you go long or short on a particular market. If you are offered a spread on the UK 100 Index of 6017/6019, that 2-point gap separates the price above which you will profit from a rise if you go long from the one below which you will profit from a fall if you go short. Go long, and you will profit from every point that the UK 100 reaches above 6,019. Go short, and you will profit from every point that it falls below 6,017.

City Index quotes narrow spreads across all the markets it covers, offering you the maximum opportunity to profit from your predictions for market movements, whether you are going long or short.

For example, our Rolling Index bet on the UK 100 Index quotes a spread of 2 points during trading hours, with a minimum stake of just £3 per point. We also offer 2-point spreads on the US TECH 100, the Germany 30 and the France 40, with a 4-point spread on Wall Street.

Our spreads on UK and European equities are quoted as a percentage of the price of the stock, and are equally tight. The spread for rolling bets on shares in the UK’s largest 100 companies is just 0.10-0.15 per cent of the share price, on shares in the top 350 UK companies it is 0.40 per cent of the price at most, and on European equities just 0.20-0.30 per cent.

City Index quotes similarly tight spreads across currencies, commodities, sectors, and all the other markets in which we offer spread betting.

Financing charges

Overnight financing charges are applied on rolling positions – positions that have no set expiry and close only when you choose. As with our spreads, these charges are set to maximise your investment potential.

On equities positions, for example, overnight long rolling positions will be debited a financing charge of LIBOR + 2.5%, while short rolling positions will be credited finance of LIBOR + 2.5%. Similarly competitive rates are applied across all markets.

Market Information Sheets

More information can be found in our Market Information Sheets (PDF).