Forex trading

Low spreads and fast execution on more than 80 FX pairs

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Only available on an international account*

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Why trade forex with IG?

  • Leading FX provider

    IG is the UK's No.1 retail forex provider1

  • Low spreads

    Spreads from 0.8 pips on EUR/USD and AUD/USD

  • Fast, precise execution

    One-click dealing, with deals executed in 0.1s2

  • Deal on bitcoin prices

    Without having to buy and store actual bitcoins

  • Direct market access

    Full market transparency with Forex Direct (DMA)

  • Unique range of charts

    Essential and pro charts on desktop and apps

FX spreads and slippage rates

Spot FX

IG spreads Forex Direct (DMA)

Percentage 

of orders 

filled without 

slippage7

Min. spread Av. spread4 Av. spread6
EUR/USD 0.8 0.95 0.180 99.01
AUD/USD 0.8 1.25 0.313 98.59
EUR/GBP 1.0 1.47 0.283 99.83
GBP/USD 1.0 1.57 0.440 99.16

 

See our full list of currency pairs and live prices.

Best forex mobile & tablet app
2014

Best forex trading platform
2013, 2012, 2014

Best platform for active day traders
2013, 2014

SA's top CFD provider 
2012, 2013

Platforms and apps

Open an account now

Free account set-up, no downloads, one application, two accounts

Create account

  Or test-drive our platform with a free demo account

New to forex?

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.

Related links

Watch Sara explain the basics of
forex trading in less than two minutes

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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 ​99.2% of trades executed in 0.1 seconds: average per month, IG globally (12 months to March 2015)

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.

6 Time-weighted (22:00-20:00 GMT) average spread by trade (quoted to three decimal places), August 2014. 

7 Percentage of attached and unattached orders filled at the requested level, February 2015

Contact us

We're here 24 hours a day Monday to Friday, and 10am to 6pm Saturday and Sunday:

Email: helpdesk.za@ig.com
Helpdesk: +27 10 344 0053

Follow @IGSouthAfrica for news, market analysis and notifications from IG.

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