Your capital is at risk. CFDs can result in losses that exceed your initial deposit. Please ensure you fully understand the risks involved.

What are IG's forex CFD product details?

Trade forex with Australia’s No.1 retail FX provider1 and enjoy spreads on AUD/USD and EUR/USD from just 0.6 points.

1Number 1 in Australia by primary relationships, Investment Trends December 2017 FX Report. Investment Trends August 2017 CFD Report.

Our forex spreads are variable depending on underlying market prices. In most conditions we can usually offer our minimum spread, but when market prices go wider, our spread will increase. Market prices can get wider at illiquid times of day, or when major news or economic data is released. In the tables below you will find our minimum spreads and our average spread for a given period:

  • Average spread – the average spread for all trades placed over a given period of time
  • Minimum spread – our tightest possible spread, quoted when the underlying market narrows
  • Major
  • Minor
  • Australasian
  • Scandinavian
  • Exotic
  • Emerging
  • Notes to table

Major

For every pair, one contract = 100,000 of the first-named currency.

Currency Pair [1]

Value per point [2]

Minimum Spread

Average spread1

Limited risk premium [4]*

Retail margin required [5]

Professional margin required

Standard

Mini

AUD/USD

$10

$1

0.6

0.75

0.8

0.50%

0.40%

EUR/CHF

CHF10

CHF1

2

2.30

n/a

1.50%

1.20%

EUR/GBP

£10

£1

0.9

1.17

2

1.00%

0.80%

EUR/JPY

Y1000

Y100

1.5

1.96

1.5

0.50%

0.40%

EUR/USD

$10

$1

0.6

0.75

1.2

0.50%

0.40%

GBP/EUR

€10

€1

2

2.60

2

1.00%

0.80%

GBP/JPY

Y1000

Y100

2.5

3.04

2

1.00%

0.80%

GBP/USD

$10

$1

0.9

1.34

2

1.00%

0.80%

USD/CAD

C$10

C$1

1.7

2.50

1.5

0.50%

0.40%

USD/CHF

CHF10

CHF1

1.5

2.04

2

1.50%

1.20%

USD/JPY

Y1000

Y100

0.7

0.86

1.5

0.50%

0.40%

1 Average spread (Monday 00:00 - Friday 22:00 GMT) for the twelve weeks ending 24 February 2017. For our minimum spreads, please see our forex CFD and MT4 details.

Minor

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread* [3]

Limited risk premium [4]

Retail margin required [5]

Professional margin required

Standard

Mini

CAD/CHF

CHF10

CHF1

2.5

3.16

2

1.50%

1.20%

CAD/JPY

Y1000

Y100

2.5

3.61

1.5

0.75%

0.60%

CHF/JPY

Y1000

Y100

2

2.76

3

1.50%

1.20%

EUR/CAD

C$10

C$1

3

4.25

3

0.50%

0.40%

EUR/SGD

SGD10

SGD1

5

6.19

4

0.75%

0.60%

EUR/ZAR

ZAR10

ZAR1

150

198.98

100

2.50%

2.00%

GBP/CAD

C$10

C$1

3.5

4.74

4

1.00%

0.80%

GBP/CHF

CHF10

CHF1

3

3.98

4

1.50%

1.20%

GBP/SGD

SGD10

SGD1

8

10.42

4

1.00%

0.80%

GBP/ZAR

ZAR10

ZAR1

200

256.98

150

2.50%

2.00%

SGD/JPY

Y1000

Y100

4

5.22

2

1.00%

0.80%

USD/SGD

SGD10

SGD1

3

3.55

1

0.75%

0.60%

USD/ZAR

ZAR10

ZAR1

90

128.75

200

2.50%

2.00%

Australasian

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread* [3]

Limited risk premium [4]

Retail margin required [5]

Professional margin required

Standard

Mini

AUD/CAD

C$10

C$1

2

2.78

1

0.50%

0.40%

AUD/CHF

CHF10

CHF1

2.5

2.95

2

1.50%

1.20%

AUD/EUR

EUR10

EUR1

1.5

2.83

1.5

0.50%

0.40%

AUD/GBP

£10

£1

1.5

2.94

2

1.00%

0.80%

AUD/JPY

Y1000

Y100

1.3

1.91

1.5

0.50%

0.40%

AUD/NZD

NZD10

NZD1

3

3.18

3

0.75%

0.60%

AUD/SGD

SGD10

SGD1

5

6.84

4

0.75%

0.60%

EUR/AUD

AUD10

AUD1

1.8

2.61

2

0.50%

0.40%

EUR/NZD

NZD10

NZD1

3

4.02

4

1.00%

0.80%

GBP/AUD

AUD10

AUD1

1.9

4.64

3

1.00%

0.80%

GBP/NZD

NZD10

NZD1

5

6.87

5

1.00%

0.80%

NZD/AUD

AUD10

AUD1

7

9

10

0.75%

0.60%

NZD/CHF

CHF10

CHF1

4

5.60

3

1.50%

1.20%

NZD/EUR

EUR10

EUR1

1.5

1.99

1.5

1.00%

0.80%

NZD/GBP

£10

£1

2

3.01

2

1.00%

0.80%

NZD/JPY

Y1000

Y100

2.5

3.21

1.5

1.00%

0.80%

NZD/USD

$10

$1

2

2.13

1

1.00%

0.80%

NZD/CAD

C$10

C$1

3.5

5.10

1

0.75%

0.60%


* Average spread (Monday 00:00 - Friday 22:00 GMT) for the twelve weeks ending 24 February 2017. For our minimum spreads, please see our forex CFD and MT4 details.

Scandinavian

We provide all the Nordic currencies of standard contracts ( one contract = 100,000 of the first currency ) and mini contract ( one contract = 10,000 of the first currency ) .

Currency pair [1]

Value per point [2]

Minimum spread

Average spread* [3]

Limited risk premium [4]

Retail margin required[5]

Professional margin required

Standard

Mini

CAD/NOK

NOK10

NOK1

25

65.34

80

1.00%

0.80%

CHF/NOK

NOK10

NOK1

40

55.77

60

1.50%

1.20%

EUR/DKK

DKK10

DKK1

10

14.40

200

5.00%

4.00%

EUR/NOK

NOK10

NOK1

25

34.27

40

1.00%

0.80%

EUR/SEK

SEK10

SEK1

30

37.76

40

1.00%

0.80%

GBP/DKK

DKK10

DKK1

30

45.36

50

5.00%

4.00%

GBP/NOK

NOK10

NOK1

50

76.70

60

1.00%

0.80%

GBP/SEK

SEK10

SEK1

50

78.55

100

1.00%

0.80%

NOK/SEK

SEK10

SEK1

6

12.07

12

1.00%

0.80%

USD/DKK

DKK10

DKK1

15

19.80

20

5.00%

4.00%

USD/NOK

NOK10

NOK1

25

35.20

40

1.00%

0.80%

USD/SEK

SEK10

SEK1

25

32.73

60

1.00%

0.80%


* Average spread (Monday 00:00 - Friday 22:00 GMT) for the twelve weeks ending 24 February 2017. For our minimum spreads, please see our forex CFD and MT4 details.

Exotic

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread* [3]

Limited risk premium [4]

Retail margin required [5]

Professional margin required

Standard

Mini

CHF/HUF

HUF1000

HUF100

25

39.40

50

1.50%

1.20%

EUR/CZK

CZK100

CZK10

25

28.04

50

10.00%

8.00%

EUR/HUF

HUF1000

HUF100

20

42.09

50

2.00%

1.60%

EUR/ILS

ILS10

ILS1

40

83.28

80

2.00%

1.60%

EUR/MXN

MXN10

MXN1

90

186.97

400

2.50%

2.00%

EUR/PLN

PLN10

PLN1

25

45.41

60

1.50%

1.20%

EUR/TRY

TRY10

TRY1

15

29.44

15

2.50%

2.00%

GBP/CZK

CZK100

CZK10

30

34.49

50

10.00%

8.00%

GBP/HUF

HUF1000

HUF100

25

42.33

50

2.00%

1.60%

GBP/ILS

ILS10

ILS1

50

103.49

150

2.00%

1.60%

GBP/MXN

MXN10

MXN1

130

211.85

500

2.50%

2.00%

GBP/PLN

PLN10

PLN1

30

50.93

40

1.50%

1.20%

GBP/TRY

TRY10

TRY1

20

37.70

20

2.50%

2.00%

MXN/JPY

JPY1000

JPY100

0.6

0.84

1.5

2.50%

2.00%

NOK/JPY

JPY1000

JPY100

0.8

1.22

1

1.00%

0.80%

PLN/JPY

JPY1000

JPY100

2

2.82

3

1.50%

1.20%

SEK/JPY

JPY1000

JPY100

0.6

1.23

1

1.00%

0.80%

TRY/JPY

JPY1000

JPY100

5

6.91

8

2.50%

2.00%

USD/CZK

CZK100

CZK10

25

26.29

50

10.00%

8.00%

USD/HUF

HUF1000

HUF100

20

41.31

50

2.00%

1.60%

USD/ILS

ILS10

ILS1

30

76.43

80

2.00%

1.60%

USD/MXN

MXN10

MXN1

50

80.50

350

2.50%

2.00%

USD/PLN

PLN10

PLN1

25

33.51

40

1.50%

1.20%

USD/TRY

TRY10

TRY1

12

23.87

10

2.50%

2.00%


* Average spread (Monday 00:00 - Friday 22:00 GMT) for the twelve weeks ending 24 Feburuary 2017. For our minimum spreads, please see our forex CFD and MT4 details.

Emerging

Emerging markets pairs are either quoted based on the spot market (Spot FX) or one-month non-deliverable forward prices (EMFX). For every pair we offer both a full contract and a mini contract. Spot FX contracts are priced in the pair's second named currency, but EMFX contracts are only priced in US dollars, Japanese yen or sterling.

Currency pair [1]

Value per point [2]

Minimum Spread

Average spread* [3]

Retail margin required [5]

Professional margin required

Dealing hours

Standard

Mini

AUD/CNH

CNH10

CNH1

20

25.17

2.50%

2.00%

24 hours

CAD/CNH

CNH10

CNH1

15

19.88

2.50%

2.00%

24 hours

CNH/JPY

¥1000

¥100

0.8

1.74

2.50%

2.00%

24 hours

EUR/CNH

CNH10

CNH1

30

44.50

2.50%

2.00%

24 hours

EUR/RUB

RUB10

RUB1

2000

2663.78

5.00%

4.00%

17.00-03.00

GBP/CNH

CNH10

CNH1

35

39.12

2.50%

2.00%

24 hours

NZD/CNH

CNH10

CNH1

15

23.01

2.50%

2.00%

24 hours

USD/CNH

CNH10

CNH1

10

15.46

2.50%

2.00%

24 hours

USD/RUB

RUB10

RUB1

1600

2452.15

5.00%

4.00%

17.00-03.00

BRL/JPY

¥1000

¥100

3

4.64

5.00%

4.00%

23.05-08.00

GBP/INR

£10

£1

35

37.35

5.00%

4.00%

11.30-07.00

EMFX USD/BRL

$10

$1

30

40.98

5.00%

4.00%

23.05-08.00

EMFX USD/IDR

$10

$1

80

106.64

5.00%

4.00%

15.30-06.00

EMFX USD/INR

$10

$1

20

21.22

5.00%

4.00%

12.30-06.00

EMFX USD/KRW

$10

$1

100

175.15

5.00%

4.00%

12.00-06.00

EMFX USD/PHP

$10

$1

15

19.37

5.00%

4.00%

12.30-06.00

EMFX USD/TWD

$10

$1

80

147.13

5.00%

4.00%

12.30-06.00

BRL - Brazilian real
CNH - Chinese renminbi (yuan) – offshore
IDR - Indonesian rupiah
INR - Indian rupee
KRW - South Korean won
PHP - Philippine peso
RUB - Russian rouble
TWD - Taiwan dollar

Our foreign exchange transactions are a special form of cash-settled CFD that provide exposure to changes in exchange rates, but cannot result in the delivery of the underlying currencies.

  1. Unless otherwise stated, normal dealing hours for all pairs are from 21.00 (London time) on Sunday until 21.59 (London time) on Friday, with the exception of emerging-market pairs, which operate on different schedules. Please note that Daylight Savings Time in the UK or the country of origin may cause the times shown to be imprecise.
     
  2. The minimum transaction size is one contract. Transactions above this minimum size, can be in fractions of a contract.
     
  3. Spreads are subject to variation, especially in volatile market conditions. Our quotations are derived from quotes in the underlying market available to us from the banks and liquidity providers with which we trade. We monitor the liquidity available in the underlying market, offering our minimum spread when the market spread is particularly small. In most other conditions, our typical spread applies. If spreads move wider in the underlying market, we may match this. We do not apply any weighting or biases to our pricing sources.
     
  4. For limited-risk bets a limited-risk premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.
     
  5. Margin requirements represent a percentage of the overall position value. You can find the tiered margins from the 'Get Info' dropdown section within each market in our trading platform. Please note that higher margins may be required for large positions. Please see our tiered margining page for more details.

  6. When you trade in a currency other than your default currency, your profit or loss will be realised in that currency. As standard practice, we will then immediately convert this back to your default currency. You can change this at any time via the trading platform.
     
  7. For foreign exchange transactions (excluding bitcoin), adjustments are made to calculate the cost of funding a position, and these are posted to the client's account daily. The adjustments are calculated as follows:

    A = V x R

    Where:
    A = the funding cost
    V = the number of contracts x contract size
    R = the current tom-next rate, including an administrative charge not exceeding 0.3% (0.8% for mini contracts) per annum.

    If the Tom-Next rate is less than zero, you will be debited for running a short position and credited for running a long position. If the tom-next rate is greater than zero, you will be credited for running a short position and debited for running a long position.

    The funding charge is calculated for any position opened before 22.00 that is still open after 22.00 (London time).

    Note: For any position opened before 22.00 Wednesday that is still open after 22.00 Wednesday, the daily interest credit or debit will be made for three days as opposed to one. This three-day adjustment covers settlement of trades over the weekend period. The funding charge is also affected by public holidays.
     
  8. We will not charge any additional commission unless we notify you in writing.

Related questions

Improve your skills

Become a better trader with IG Academy. Take engaging step-by-step courses, attend expert-led seminars and webinars. 

Get peer support

Have your questions answered by like-minded traders and IG staff over at IG Community.