Spread Betting on Forex

Spread Bet on Forex pairs like EUR/USD, GBP/USD and USD/JPY with fast execution and tight spreads.

Speculate on global FX on our award-winning platform‡ and take advantage of tax-efficient trading*.

  • Tight spreads from 0.5 points
  • Spread Bet on 65 global FX pairs
  • Best Spread Betting Platform 2017 by ADVFN‡
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Major Spread Betting Markets
FX Pair Min. spread Avg. spread Margin from
AUD/USD 0.5 0.73 0.50%
EUR/USD 0.5 0.69 0.50%
USD/JPY 0.5 0.77 0.50%
EUR/GBP 0.8 1.08 0.50%
GBP/USD 0.8 1.22 0.50%
EUR/JPY 1.4 1.9 0.50%
USD/CHF 1.4 1.9 0.50%
EUR/CHF 1.5 2.2 1%
USD/CAD 1.7 2.2 0.50%
NZD/USD 2.1 2.6 0.50%

*The 'average spread' is a time-weighted average taken from all quotes over the first quarter of 2017.

FX Pair Avg. spread Margin from
USD/CNH 9.4 5%
USD/CZK 40.3 5%
USD/DKK 20 5%
USD/HKD 13 5%
USD/HUF 33.6 5%
USD/MXN 98 1%
USD/NOK 37.6 1%
USD/PLN 34.2 5%
USD/SEK 44.3 1%
USD/SGD 5.2 1%
USD/TRY 29.6 1%
USD/ZAR 170.2 1%

*The 'average spread' is a time-weighted average taken from all quotes over the first quarter of 2017.

FX Pair Avg. spread Margin from
GBP/AUD 5.8 0.50%
GBP/CAD 7 0.50%
GBP/CHF 4.4 1%
GBP/DKK 49.7 5%
GBP/JPY 4.1 0.50%
GBP/MXN 248.1 1%
GBP/NOK 92.5 1%
GBP/NZD 8.6 1%
GBP/PLN 55.3 5%
GBP/SEK 91.6 1%
GBP/SGD 11.2 1%
GBP/ZAR 384.2 1%

*The 'average spread' is a time-weighted average taken from all quotes over the first quarter of 2017.

FX Pair Avg. spread Margin from
EUR/AUD 4.3 0.50%
EUR/CAD 5.1 0.50%
EUR/CNH 22.2 5%
EUR/CZK 29.7 5%
EUR/DKK 15.9 5%
EUR/HKD 15 5%
EUR/HUF 33.6 5%
EUR/MXN 215.1 1%
EUR/NOK 38.4 1%
EUR/NZD 7.1 1%
EUR/PLN 36.1 5%
EUR/SEK 35.7 1%
EUR/SGD 7.9 1%
EUR/TRY 43.2 1%
EUR/ZAR 174.8 1%

*The 'average spread' is a time-weighted average taken from all quotes over the first quarter of 2017.

FX Pair Avg. spread Margin from
AUD/CAD 4.7 0.50%
AUD/CHF 2.8 1%
AUD/CNH 21.5 5%
AUD/JPY 3 0.50%
AUD/NZD 5 1%
AUD/SGD 9 1%
CAD/CHF 3 1%
CAD/JPY 4.4 0.50%
CHF/JPY 3.2 1%
CNH/JPY 129 5%
NOK/SEK 18.6 1%
NZD/CAD 4.7 1%
NZD/CHF 6 1%
NZD/JPY 4 1%
SGD/HKD 36.2 5%
SGD/JPY 6 1%

*The 'average spread' is a time-weighted average taken from all quotes over the first quarter of 2017.

FX Pair Min. spread Margin from
AUD/JPY Forwards 10 0.5%
AUD/USD Forwards 8 0.5%
EUR/AUD Forwards 25 0.5%
EUR/CHF Forwards 10 1%
EUR/GBP Forwards 8 0.5%
EUR/JPY Forwards 10 0.5%
EUR/USD Forwards 8 0.5%
GBP/AUD Forwards 40 0.5%
GBP/CHF Forwards 20 1%
GBP/JPY Forwards 20 0.5%
GBP/USD Forwards 8 0.5%
NZD/USD Forwards 8 0.5%
USD/CAD Forwards 8 0.5%
USD/CHF Forwards 8 0.5%
USD/JPY Forwards 8 0.5%

Spread Betting: Forex Options

Options give you the right (but not the obligation) to buy or sell at a specify price before the expiry date. City Index offers Futures based monthly Options on GBP/USD and EUR/USD through our platform.

Why Spread Bet on Forex?

Spread Betting is our most popular way to trade FX. With City Index you get 24 hours trading on 65 Forex currency pairs.

Learn more about Spread Betting
Trade on falling rates
No UK Stamp Duty to pay*
Margin from 0.5%
Spreads on GBP/USD and EUR/GBP from 0.8 points
Spreads on EUR/USD and USD/JPY from 0.5 points
Choice of Daily Funded Trades, Forwards and Options
Learn more about Spread Betting
Trade major Forex pairs from 0.5 points
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Forex DFTs vs Forwards

City Index offers two popular ways to Spread Bet Forex: Daily Funded Trades (DFTs) and Forwards.

Forex DFTs

Ideal for
Shorter-term trading

Spreads
Tightest spreads of all FX pairs

Expiry dates
None

Financing charge
Incurs a finance charge for positions held overnight

Variable spreads
Variable spreads – can fluctuate depending on liquidity and volatility

Profit and loss
P&L crystallised only when positions are closed or partially closed

Trading
Labelled as DFT in the platform

Forex Forwards

Ideal for
Longer-term trading

Spreads
Wider spreads than spot FX prices

Expiry dates
Fixed monthly/quarterly expiry date

Financing charge
No overnight financing charge applied as contained within price

Position rollover
Positions may be rolled over to next month/quarter

Profit and loss
P&L realised when trade closed or expiry date

Trading
Trades can be closed before expiry

Trade wherever you are, on our fast, reliable platforms

Customisable charts

16 chart types with 80+ indicators designed to help you perform technical analysis

Award-winning platform

Our powerful technology is designed to suit you, whatever your level of trading expertise

Actionable trade ideas

Our research portal highlights trade ideas using fundamental and technical analysis

Trade anytime, anywhere

Follow the markets on native apps built specifically for your smartphone and tablet
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Why City Index?

With over 1 million trades processed every month, here's why our clients choose
City Index
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Over 30 years' experience in Spread Betting, FX and CFD Trading
Authorised and regulated by the Financial Conduct Authority (FCA)
Risk management tools to help protect your positions
Trade on multiple platforms and devices
Actionable buy/sell trade ideas from our research portal
Fast, easy payments and secure withdrawals
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Start Spread Betting today 
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