Low spreads and fast execution on more than 80 FX pairs.
Trade major FX pairs from just 0.6 points.
Only available on an international account*
IG is the UK's No.1 retail forex provider1
Spreads from 0.6 pips on EUR/USD and AUD/USD
Without having to buy and store actual bitcoins
Full market transparency with Forex Direct (DMA)
Essential and pro charts on desktop and apps
Forex (or sometimes just FX) is short for foreign exchange, and is the largest financial market in the world. Simply put, it’s how individuals and businesses convert one currency to another.
FX transactions worth trillions of dollars take place every day, and unlike stocks or commodities there’s no central exchange. Instead, currencies are traded by a global network of banks, dealers and brokers, which means you can trade any time, day or night, Monday to Friday.
FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports.
And because of the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly, making currency trading not only the largest financial market in the world, but also one of the most volatile.
Watch Sara explain the basics of
forex trading in less than two minutes
|IG spreads||Forex Direct (DMA)||
|Min. spread||Av. spread2||Av. spread4|
See our full list of currency pairs and live prices.
Best forex mobile & tablet app
Best forex trading platform
2013, 2012, 2014
Best platform for active day traders
SA's top CFD provider
SA's top stockbroker for the active day trader
South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.
1 UK's largest retail FX provider based on number of active accounts (Investment Trends UK Leveraged Trading Report September 2015).
2 Average spread by deal for the four weeks ending May 2016. For our minimum and typical spreads, please see our forex CFD details.
3 Time-weighted (22:00-20:00 GMT) average spread by trade (quoted to three decimal places), March 2016.