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) | |
|---|---|---|
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Main benefits:
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Trade in over 15,000 markets with competitive rates.
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Increased market transparency and order control.
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Accessible to:
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All clients.
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All clients.
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Traded in:
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Contracts.
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Lots.
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Commission:
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Commission-free for FX.
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Commission-free for FX.
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Platforms:
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Web, mobile app and advanced platforms.
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L2 dealer, mobile app, terminals and APIs.
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Demo account:
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Yes.
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Yes.
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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?
- Decide how you’d like to trade forex
- Learn how the forex market works
- Open a forex account
- 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 |
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.
Forex trading platforms
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Intuitive web platform Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.
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MetaTrader 4 Build forex trading algorithms to execute automatically, even if your machine is off.
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L2 dealer Get increased control over your forex CFD trades with our DMA platform.
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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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FX levels to watch: EUR/USD, GBP/USD and USD/JPY
USD/JPY has held on to the bounce from earlier in the week, but EUR/USD and GBP/USD are losing gr... -
Chinese Yuan weakens to lowest level since January
On Thursday, the Chinese Yuan was at 6.94 against the greenback, edging closer to the psychologic... -
FX levels to watch – EUR/USD, GBP/USD and AUD/USD
EUR/USD and GBP/USD have seen recent losses, raising the chances of a wider breakdown. Meanwhile,... -
Japan’s exports in September shrink for the first time since 2016
Total exports fell by 1.2% in September from a year ago, reversing from the 6.6% increase in Augu...
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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.
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).
