Costs and margins
Leading FX provider
We're the No.1 retail forex provider1
Best forex range
The most popular range of currency pairs3
Spreads from 0.8 pips on EUR/USD and AUD/USD
Direct market access
Full market transparency with Forex Direct
Fast, precise execution
One-click dealing, with deals executed in 0.1s2
Unique range of charts
Essential and pro charts on desktop and apps
|IG spreads||Forex Direct (DMA)||
|Min. spread||Av. spread4||Av. spread5|
See our full list of currency pairs and live prices.
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
We're here 24hrs a day Mon-Fri, and 10am to 6pm Sat-Sun.
You can also call
010 344 0052 or email email@example.com.
* 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 October 2014.
2 99.18% of trades executed in 0.1 seconds: average per month, IG globally (12 months to June 2014).
3 Investment Trends UK Leveraged Trading Report October 2014.
4 Average spread by deal, March 2014. For our minimum and typical spreads, please see our forex CFD details.
5 Time-weighted (22:00-20:00 GMT) average spread by trade (quoted to three decimal places), August 2014.
6 Percentage of attached and unattached orders filled at the requested level, September 2014
7 Percentage of attached and unattached orders filled at the requested level, February 2015