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Forex trading
Harness volatility in the world’s most-traded financial market with the World’s No. 1 CFDs retail provider1
Call +41 (0) 58 810 77 42 to talk about opening a trading account. We’re here from Monday to Friday from 9am to 6pm.
Why trade forex with us?
Get an edge with our award-winning platforms and mobile apps2
Enjoy flexible access to more than 17 000 global markets, with reliable execution.
Get expert support, 24 hours a day from 9am Saturday to 11pm Friday.
Identify FX opportunities on clear, fast charts as standard, and deepen your analysis with ProRealTime
Get peace of mind trading forex online with IG Bank that’s authorised and regulated by the FINMA
Open a free forex trading account quickly and easily
Ways to trade forex with us
| 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 duty3 | No stamp duty3 |
| Commission | Commission-free for FX | Variable commission |
| Platforms | Web, mobile app and advanced platforms | L2 dealer, mobile app, terminals and APIs |
| Learn more | Learn more |
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
- Constant 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
What our clients say about our demo trading account
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to 17 000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app2
Feel secure with a trusted provider
With 50 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 17 000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app2
Feel secure with a trusted provider
With 50 years of experience, we’re proud to offer a truly market-leading service
How much does 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 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 | 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. spread4 | IG Bank av. spread (01:00-22:00)5 |
DMA av. spread6 |
| EUR/USD | 0.6 | 0.85 | 1.04 | 0.165 |
| AUD/USD | 0.6 | 1.03 | 0.82 | 0.295 |
| USD/JPY | 0.7 | 1.18 | 0.94 | 0.242 |
| EUR/GBP | 0.9 | 1.89 | 1.40 | 0.540 |
| GBP/USD | 0.9 | 1.83 | 1.40 | 0.589 |
| EUR/JPY | 1.5 | 2.43 | 1.97 | 0.678 |
| USD/CHF | 1.5 | 2.22 | 1.99 | 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 your next opportunity
Search our huge range of forex pairs.
Live FX prices
These prices are indicative only, and subject to our website terms and conditions.
Choose your currency trading platform
Seize opportunity at your desk or on the go with an award-winning web trading platform and mobile trading app.
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.
Award-winning 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.
Choose a trusted and regulated provider
IG Bank is authorised and regulated by FINMA, so you know you can depend on our credibility.
Choose a trusted and regulated provider
IG Bank is authorised and regulated by FINMA, so you know you can depend on our credibility.
Choose a trusted and regulated provider
IG Bank is authorised and regulated by FINMA, so you know you can depend on our credibility.
Get the latest forex news
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1 Based on revenue (published financial statements, 2022).
2 Awarded ‘best finance app’ at the ADVFN International Financial Awards 2021.
3 Tax laws are subject to change and may differ depending on a jurisdiction.
4 Average spread (Monday 01:00 - Friday 23:00 GMT) for the 12 weeks ending 08th January 2021. For our minimum spreads, please see our forex CFD details.
5 Average spread (between 01:00-22:00 GMT Monday to Friday) for the 12 weeks ending 08th January 2021. For our minimum spreads, please see our forex CFD details.
6 Average spread (Monday 01:00 - Friday 22:00 GMT) for the 12 weeks ending 08th January 2021. There is also a commission charge for Forex Direct.
