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 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.
Contact us: 00971(0)4 5592108
Contact us on +971 (0) 4 5592108 or sales.ae@ig.com about opening an account. We're here 24hrs a day, except for Saturday from 2:00am to 12:00pm (Dubai time)
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 2:00am to 12:00pm (Dubai time).
Identify FX opportunities on clear, fast charts as standard, and deepen your analysis with ProRealTime.
Get peace of mind trading forex with an award-winning CFD provider.
Open an account quickly and easily – you could be set up and trading forex today.
Ways to trade forex with IG
| CFD | DMA (Forex Direct) | |
| Main benefits | Go long and short on the markets | 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 |
| Learn more | Learn more |
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 trading account
- Build a trading plan
- Choose your forex trading platform
- Open, monitor and close your first position
Open an FX trading account today
Fill in our simple online form
We’ll ask a few questions about your trading experience
Get your ID verified
We can normally verify 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 min. spread | IG av. spread3 | DMA 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 |
Depending on your position, you may need to pay overnight funding.
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 two weeks, 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.
Live prices on our most popular markets
Prices above are subject to our website terms and conditions. Prices are indicative only.
Forex trading platforms
Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.
Build forex trading algorithms to execute automatically, even if your machine is off.
Get increased control over your forex CFD trades with our DMA platform.
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
-
FX levels to watch – EUR/USD, GBP/USD and USD/CAD
The dollar has been enjoying a resurgence, with EUR/USD and GBP/USD both selling off sharply. As ...2018-12-14T09:38:12+0000 -
China’s industrial output and retail sales for November misses targets
Industrial output data for November was up by 5.4%, while retail sales rose by 8.1% .2018-12-14T02:43:00+0000 -
UK PM May survives no confidence vote
The Prime Minister has survived the vote of no confidence in her leadership, though this in reali...2018-12-13T00:34:39+0000 -
The Pound jumps following Theresa May’s win remaining UK Prime Minister
The pound surged on Wednesday after British Prime Minister Theresa May survived a no-confidence v...2018-12-13T00:31:00+0000
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Ways to trade forex with IG
| CFD | DMA (Forex Direct) | |
| Main benefits | Go long and short on the markets | 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 |
| Learn more | Learn more |
1 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released August 2018).
2 Based on published financial statements, February 2018.
3 Average spread (Monday 12am – Friday 10pm UK time) for the 12 weeks ending 24 February 2017. 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.
