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Forex CFD trading
Trade 90+ forex (FX) pairs with tight spreads, fast execution and advanced trading tools. Discover why IG is Australia’s No.1 CFD provider¹.
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEST) weekdays, or email newaccounts.au@ig.com.
With CFDs, you can lose more than you deposit, you do not have ownership in the underlying asset, and you may be subject to margin close-outs if you do not maintain sufficient margin.
Why trade forex CFDs with IG
Large choice of currency pairs
Access to over 90+ major, minor and exotic forex pairs.
Advanced charting
Identify FX opportunities on clear, fast charts and deepen your analysis with ProRealTime.
Australia's No.1 FX provider¹
Benefit from our market-leading expertise and trusted reputation in forex trading.
Ways to trade forex CFDs with IG
| CFD | CFD with DMA (Forex Direct) | |
| Accessible to | All clients | All clients |
| Traded in | Contracts | Lots |
| Commission | We charge a spread instead of commission on FX CFDs. Other fees and charges may apply. | From $10 per $1 million |
| Platforms | Web, mobile app, MT4, ProRealTime, L2 Dealer, terminals and APIs | Web, mobile app, L2 Dealer, terminals and APIs |
| Demo account | Yes | No |
| Risk management | Guaranteed stops available | N/A |
Live forex prices
Track real-time prices for major currency pairs, including USD/SGD and other pairs popular with Singapore traders. All prices shown are from IG's award-winning platform.
Prices above are subject to our website terms and conditions. Prices above are indicative only.
Trade price movements of currency pairs without owning the actual currencies.
Trade 24/5 in a liquid market. Go long or short on 90+ FX pairs with leverage.*
Choose FX pairs like AUD/USD, analyse markets, set stops and limits and open your position.
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Fees for trading forex CFDs with IG
Spreads
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We offer competitive spreads.
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Spreads may vary depending on market conditions such as volatility and liquidity.
Commission
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We do not charge commission for trading forex CFDs.
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The cost is built into the spread.
Overnight funding
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A small fee is charged if you hold a position overnight.
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This may vary for local and international markets.
Stop-loss orders
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You'll be charged if you use a guaranteed stop-loss orders (GSLO).
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The charge is refunded if the GSLO isn’t triggered.
Note: additional charges may apply, including currency conversion charges.
Trade forex CFDs on these platforms
- IG online platform
- IG mobile app
- TradingView
- MetaTrader 4
- ProRealTime
- L2 Dealer
Choose our online platform for a seamless and lightning-fast trading experience.
Chart, trade, and connect with traders using real-time data and technical tools.
Analyse markets with advanced charting, custom tools, and professional insights.
Access direct market trading with full order book transparency and advanced controls.
Latest forex news and analysis
Try these next
1 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2024 Leveraged Trading Report.
Contact
New clients
1800 601 799
newaccounts.au@ig.com
Existing clients
1800 601 799
newaccounts.au@ig.com
Lines open
24/7 except 6am to 12pm Saturdays (AEST)
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Disclaimers
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You do not own or have any interest in the underlying asset. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Please consider the Margin Trading Product Disclosure Statement (PDS), Risk Disclosure Notice and Target Market Determination before entering into any CFD transaction with us.
- The value of shares, ETFs and ETCs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
- Please ensure you fully understand the risks and take care to manage your exposure.
- The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs.
- This website is operated by IG Australia Pty Ltd. IG Australia Pty Ltd is located on Level 32, Queen & Collins, 376-390 Collins Street, Melbourne, VIC 3000. ABN 93 096 585 410, Australian Financial Services Licence No. 515106. Derivatives Issuer Licence in New Zealand FSP No. 684191, NZBN 9429047618251.