Forex trading

Harness volatility in the world's most-traded financial market with Australia's No.1 forex provider.1

Start trading today. Call 1800 601 799 or email newaccounts.au@ig.com. We’re here 24hrs a day, except from 7am to 1pm Saturdays (AEST)

Contact us: 1800 601 799

Start trading today. Call 1800 601 799 or email newaccounts.au@ig.com. We’re here 24hrs a day, except from 7am to 1pm Saturdays (AEST)

Contact us: 1800 601 799

Why trade forex with IG?

Get an edge with our award winning web-based platform and mobile apps2

Practice trading forex on a demo account, in an environment with reduced risk.

Get friendly, expert support 24 hours a day except from 7am to 1pm Saturdays (AEST)

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

Get peace of mind trading forex with Australia's No.1 FX provider.1

Open a forex CFD trading account quickly and easily – you could be trading forex in minutes.

What is forex trading?

Forex trading is the buying and selling of currencies on the foreign exchange 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 trading account
  4. Build a trading plan
  5. Choose your forex trading platform
  6. Open, monitor and close your first position

Open an account now

Open an FX trading account today

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Trade seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Trade seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Ways to trade forex CFD with IG

OTC DMA (Forex Direct)
Accessible to All clients All clients
Traded in Contracts Lots
Commission Commission-free for FX From $10 per $1 million
Platforms Web, mobile apps, MT4, ProRealTime, L2 Dealer, terminals and APIs Web, mobiles apps, L2 Dealer, terminals and APIs
Demo account Yes No
Limited Risk Guaranteed stops, knockouts -
Learn more Learn more

All forex costs and details

For full details including spreads, trading hours and margins for all our currency pairs, follow the links to our help area.

How much does CFDs on FX trading cost?

Margins

When you trade CFDs you do so with leverage - meaning you can win, or lose, a significant amount more than your initial deposit - called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.

Spreads

Your key payment for trading CFDs on forex is the spread – the difference between the buy and the sell price – our charge for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX Retail margin Leverage equivalent IG Pro
What is this?
Leverage equivalent
EUR/USD 0.5% 1:200 0.40% 1:250
AUD/USD 0.5% 1:200 0.40% 1:250
USD/JPY 0.5% 1:200 0.40% 1:250
EUR/GBP 0.5% 1:200 0.45% 1:250
GBP/USD 0.5% 1:200 0.45% 1:250
EUR/JPY 0.5% 1:200 0.45% 1:250
USD/CHF 1.50% 1:67 1.20% 1:83
Spot FX IG min. spread IG av. spread2 IG av. spread
(00:00 - 21:00)3
DMA av. spread4
EUR/USD 0.6 1.13 0.86 0.165
AUD/USD 0.6 1.33 1.07 0.295
USD/JPY 0.7 1.26 0.96 0.242
EUR/GBP 0.9 2.51 1.83 0.540
GBP/USD 0.9 2.38 1.84 0.589
EUR/JPY 1.5 2.57 1.96 0.678
USD/CHF 1.5 2.29 1.95 0.399

Discover our forex markets

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

Prices on popular markets

Bid
Offer
Change
-
-
-
-
-
-
-
-
-
-
-
-

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.

Start trading today

Open an account in minutes and trade

Start trading today

Open an account in minutes and trade

Choose Australia's No.1 CFD provider1

Find opportunity in over 17,000 markets.

Choose Australia's No.1 CFD provider1

Find opportunity in over 17,000 markets.

Start trading today

Simple account opening. Easy-to-use platform. First-class customer service. Choose an established world leader in online trading.

Start trading today

Simple account opening. Easy-to-use platform. First-class customer service. Choose an established world leader in online trading.

You might be interested in…

Trade CFDs our range of bitcoin pairs without needing to own the cryptocurrency or open an exchange account.

Zero in on price action with our clean, fast charts, deepen your analysis with advanced ProRealTime and Autochartist packages.

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

1 Number 1 in Australia by primary relationships, FX, Investment Trends December 2019 Leveraged Trading Report
2 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.