Trade CFDs, Spread Betting and Forex
Take your trading to the next level, choose the right Account Type to suit your trading style with City Index.
Trade on over 12,000 Global markets with a Spread Betting, CFD Trading or an MT4 account.
- Tax-free trading* when you Spread Bet
- Hedge your portfolio with a CFD Account
- Dedicated FX platform with MT4 Account
Our Products
City Index offers three ways to trade; Spread Betting, CFD Trading and FX on MT4.
Spread Betting
Best for
Tax-free trading in UK*
Trade type
£ per point
Minimum trade size
50p per point
Tax
No UK Capital Gains Tax (CGT) or Stamp Duty*
Commission
Commission free
CFD Trading
Best for
Hedging. Non UK accounts
Trade type
Buy/sell CFDs
Minimum trade size
1 CFD
Tax
No UK Stamp Duty but you do pay UK CGT*
Commission
Commission free apart from Shares
Features of Spread Betting and CFD accounts:
What can I trade on?
Spread Betting vs CFDs
Spread Betting and CFDs are similar products as they both allow you to speculate on whether a financial market will rise or fall in value. Typically UK based investors choose to Spread Bet because any profits made are free from UK Capital Gains Tax (CGT) and Stamp Duty*. Investors that wish to offset any losses against tax may prefer to trade CFDs. Clients from outside the UK should opt for CFDs as Spread Betting may not be available in your region.
Key differences:
Commission on Shares
Trade type and size
UK Capital Gains Tax
Trading Shares as a Spread Bet and CFD
A £1 Spread Bet is the equivalent of 100 shares in a CFD equity trade. To illustrate the difference in Spread Betting and CFD trading, let’s say you go long on a UK based Company ABC’s shares. The example below shows how you would do this as a Spread Bet and the equivalent CFD trade.
Trade wherever you are, on our fast, reliable platforms
Customisable charts
Award-winning platform
Actionable trade ideas
Trade anytime, anywhere
How do Spread Bets and CFDs compare to share trading?
There are several key benefits to trading leverage products such as Spread Bets and CFDs over traditional share trading. These are:
Short the markets
Leverage
Tax free* profits
Access more markets
Why City Index?
City Index