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 World’s No. 1 CFDs retail provider1 and use our range of powerful platforms to take advantage of movements in currency prices.

Call +41 (0) 22 888 10 42 to talk about opening a trading account. We’re here from Monday to Friday from 8am to 6pm.

Contact us: +41 (0) 22 888 10 42

Why trade forex with IG Bank?

Give your forex trading an edge with our accessible, easy-to-use platform and apps

Enjoy flexible access to more than 16,000 global markets, with reliable execution.

Get expert support, 24 hours a day from Monday to Friday, and from 10am to 6pm on Saturdays and Sundays

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 Bank

CFD DMA (Forex Direct)
Main benefits Useful for hedging Increased market transparency and order control
Accessible to All clients Clients with minimum CHF 1300 cash balance on their account
Traded in Contracts Lots
Tax status No stamp duty2 No stamp duty2
Commission Commission-free for FX Variable commission 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?

  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 a FX trading account today

Fill in our simple online form

We’ll ask a few questions about your trading experience.

Identity verification

We can verify your identity in 6 different ways.

Fund your account and trade

Or practise on a risk-free demo if you’d prefer.

How much will I have to pay?

Margins

CFD trading is a form of leveraged trading, meaning you can win, or lose, a significant amount more than you pay up front. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your trade.

Spreads

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

Spot FX Margin
EUR/USD 0.5%
AUD/USD 0.5%
USD/JPY 0.5%
EUR/GBP 1%
GBP/USD 1%
EUR/JPY 0.5%
USD/CHF 1.5%

Spot FX IG Bank min. spread IG Bank av. spread3 DMA av. spread4
EUR/USD 0.6 0.70 0.165
AUD/USD 0.6 0.76 0.295
USD/JPY 0.7 0.79 0.242
EUR/GBP 0.9 1.33 0.540
GBP/USD 0.9 1.52 0.589
EUR/JPY 1.5 1.61 0.678
USD/CHF 1.5 1.67 0.399

Opening a forex trading account with IG Bank 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

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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.

IG is an award-winning global forex provider

Choose a trusted and regulated provider.

IG Bank is authorised and regulated by FINMA, so you know you can depend on our credibility.

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1 Based on revenue excluding FX (published financial statements, February 2018).
2 Tax laws are subject to change and may differ depending on a jurisdiction.
3 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 7th December 2018. For our minimum spreads, please see our forex CFD details.
4 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 19th March 2019. There is also a commission charge for Forex Direct.