CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.

Forex trading

As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex CFD trading account with the UK’s No.1 retail provider1 and use our range of powerful platforms to take advantage of movements in currency prices.

Why trade forex with IG?

Give your forex trading an edge with our accessible, easy-to-use platform and apps.

Practise trading forex on a free demo account, with no risk to your capital.

Get friendly, expert support 24 hours a day, except for Saturday from 1am to 11am (Dubai time).

Identify FX opportunities on clear, fast charts as standard, and deepen your analysis with ProRealTime.

Get peace of mind trading with the world’s No.1 CFD provider.2

It’s free to open an account – you could be set up and trading forex in 48 hours.

Ways to trade forex with IG

CFDs DMA (Forex Direct)
Main benefits:
Trade in over 15,000 markets with competitive rates.
Increased market transparency and order control.
Accessible to:
All clients.
All clients.
Traded in:
Contracts.
Lots.
Commission:
Commission-free for FX.
Commission-free for FX.
Platforms:
Web, mobile app and advanced platforms.
L2 dealer, mobile app, terminals and APIs.
Demo account:
Yes.
Yes.

What is forex trading?

Forex trading, foreign exchange trading or currency trading is the buying and selling of currencies on the forex market with the aim of making a profit.

Forex is the world’s most-traded financial market, with transactions worth trillions of dollars taking place every day.

What are the benefits?

  • Go long or short
  • 24-hour trading
  • High liquidity
  • Regular opportunities
  • Trade on leverage
  • Wide range of FX pairs

How do I trade forex?

  1. Decide how you’d like to trade forex
  2. Learn how the forex market works
  3. Open a forex account
  4. Open, monitor and close your first position

Open an FX trading account today

Opening a forex trading account with IG is simple. Or to practise trading forex risk-free, try a forex demo account.

Fill in a simple online form

We’ll ask a few questions about your trading

Get certified

We can usually certify your ID within 48 hours depending on your availability

Fund your account and trade

You can withdraw your funds easily, whenever you like

How much does forex trading cost?

Your key payment for trading forex is the spread, essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX

IG spreads Forex Direct (DMA)
Min. spread Av. spread3 Av. spread4
EUR/USD 0.6 0.75 0.142
AUD/USD 0.6 0.75 0.329
USD/JPY 0.7 0.86 0.212
EUR/GBP 0.9 1.17 0.398
GBP/USD 0.9 1.34 0.639
EUR/JPY 1.5 1.96 0.48
USD/CHF 1.5 2.04 0.489


Learn more about our charges

Opening a forex trading account with IG is free and simple, gives you access to over 80 FX pairs, and carries no obligation to fund or trade.

You can trade in smaller sizes for your first month, to help keep costs down while you get comfortable.

Discover our forex markets

Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs.

Share Finder

Or browse live prices for popular indices.

Markets Bid Offer Updated Change
AUD/USD
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Prices above are subject to our website terms and conditions. Prices are indicative only.

Forex trading platforms

  • Intuitive web platform

    Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.

  • MetaTrader 4

    Build forex trading algorithms to execute automatically, even if your machine is off.

  • L2 dealer

    Get increased control over your forex CFD trades with our DMA platform.

  • Mobile apps

    Trade forex on the move, so you need never miss an opportunity.

Choose the UK’s No.1 retail FX provider1

IG is home to more retail forex traders in the UK than any other forex trading. Why trade with anyone but the No.1?

Get the latest forex news

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  • Powerful forex charting

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  • Managing your FX risks

    Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customisable alerts

1 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released August 2018).

2 Based on published financial statements, August 2018.

3 Average spread (Monday 12am – Friday 22:00 GMT) for the six weeks ending 27 July 2018. For our minimum spreads, please see our forex CFD details.

4 Time-weighted (10pm – 8pm UK time) average spread by trade (quoted to three decimal places), August 2016. There is also a commission charge for Forex Direct.

Help and support

Get answers about your account or our services.

Get answers

Or contact us on +971 (0) 4 559 2100 or helpdesk.ae@ig.com.

Our office is open 5 days a week, Sunday to Thursday from 8am to 7pm (Dubai time). Support line is available 24hrs a day, 7 days a week, except for Saturday from 1am to 11am (Dubai time).