November 21, 2024 04:47 PM
Interest rates trading
Discover short-term trading opportunities by trading on interest rate price movements at City Index as either a CFD trade or spread bet.
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Competitive pricing
Trade interest rate markets from just 0.02pts
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Range of markets
Speculate on Eurodollar, Euribor and Short Sterling rates
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Go long or short
Trade both rising and falling interest rates
Why trade interest rates with City Index?
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No commissions
Trade interest rates commission-free and trade with margin from just 20% on interest rate markets. -
Trade on leverage
Take advantage of leveraged trading products to speculate on future interest rates. -
Diversify your portfolio
Trading on price movements in interest rates allows you to diversify your investment portfolio.
Interest rates news and analysis
Latest research
November 20, 2024 08:12 PM
November 4, 2024 04:30 PM
September 26, 2024 12:20 AM
September 17, 2024 03:50 PM
No Tweets were found.
Our performance in numbers
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account holders*
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markets
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average execution speed
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of trades successfully executed
*StoneX retail trading live and demo accounts globally in the last 2 years.
What interest rate markets can I trade?
With your City Index account, you can trade CFDs or spread bet on three short-term interest rate markets: short sterling, Eurodollar and Euribor. All come with margin of 20% and spreads starting at just 0.02 points.
Learn more about interest rate CFDs or spread betting on rates.
Ways to trade interest rates
Interest rates spread betting
Interest rates CFDs
Best for
Tax-free trading in UK*
Hedging
Trade type
£ per point
Buy/sell CFDs
Tax
No UK Capital Gains Tax (CGT)
or Stamp Duty*
No UK Stamp Duty. You do pay UK CGT but losses can be offset against tax*
Trade on
Global indices, FX, shares, commodities and more
Global indices, FX, shares, commodities and more
Commission
Commission-free
Share CFDs only
Platforms
What are interest rates?
Interest rates are one of the financial world's most trusted safe havens in times of volatility, with competitive spreads from just 0.02pts.
Learn more about interest rates
What are interest rate announcements?
Interest rate announcements are key events in any trader's economic calendar, as they’re the dates that central banks report changes to their base rate. Both the build-up to these days, and the day itself, can see significant movements in financial markets as trades are opened, closed or adjusted.
Interest rate announcement frequencies change between central banks. For example, the Bank of England has 8 annual rate announcements, while the People’s Bank of China has 12.
Here’s a rundown of the announcements for each of the major central banks.
Region/Currency |
Central Bank |
Committee |
Number of members |
Annual Meetings* |
|---|---|---|---|---|
| UK/GBP | Bank of England | BoE Monetary Policy Committee | 9 | 8 |
| Eurozone/EUR | European Central Bank | Governing Council of the ECB | 25 | 8 |
| US/USD | Federal Reserve | Federal Open Market Committee | 12 | 8 |
| China/CNY | People’s Bank of China | PBoC Monetary Policy Committee | 14 | 12 |
| Switzerland/CHF | Swiss National Bank | SNB Governing Board | 3 | 4 |
| Japan/JPY | Bank of Japan | BoJ Policy Board | 9 | 8 |
| Australia/AUD | Reserve Bank of Australia | Reserve Bank Board | 9 | 11 |
*Monetary policy meetings only.
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Interest rates trading FAQ
How do you trade interest rates?
To trade interest rates, you need to follow these five steps.
- Open a trading account. Getting a City Index account is free and usually takes minutes
- Add some funds, so you can start trading interest rates immediately
- Choose the interest rate market that you want to trade and decide whether to go long or short on it
- Decide how much you want to risk on your position, and set up your stop loss and take profit orders accordingly
- Execute your order
If the interest rate market moves in your chosen direction, you’ll make a profit. If not, you’ll make a loss. You can also trade interest rates with zero risk to your capital using our free demo trading account.
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What interest rate markets can I trade?
With your City Index account, you can trade CFDs or spread bet on three short-term interest rate markets: short sterling, Eurodollar and Euribor. All come with margin of 20% and spreads starting at just 0.02 points.
Learn more about interest rate CFDs or spread betting on rates.
Was this answer helpful?
What does it mean to trade interest rates?
Trading interest rates means opening a short or medium-term position that makes money if rates rise (if you’re long) or fall (if you’re short). Interest rate trading is based on the prices of interest rate futures, which reflect where the markets expect rates to head next.
As with any form of trading, you’ll earn a profit if the underlying market moves in your favour, and a loss if it moves against you. Many traders use interest rates as a ‘safe haven’ market to protect their portfolio against volatility.
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