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 CFD retail provider1 and use our range of powerful platforms to take advantage of movements in currency prices.
Why trade forex with IG?
Give your forex trading an edge with our accessible, easy-to-use platform and apps.
Practise trading forex on a demo account, in an environment with reduced risk.
Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday (GMT).
Identify FX opportunities on clear, fast charts as standard, and deepen your analysis with ProRealTime.
Get peace of mind trading forex with the world's No.1 FX provider.1
Open an account quickly and easily – you could be set up and trading forex today.
Ways to trade forex with IG
| CFD | 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 |
| 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?
- 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
Open an FX trading account today
Fill in our simple online form
We’ll ask a few questions about your trading experience
Get certified
We can usually verify your ID in just a few seconds
Fund your account and trade
You can withdraw your funds easily, whenever you like
How much does forex trading cost?
Your key payment for trading forex is the spread, essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business
| Spot FX | IG min. spread | IG av. spread2 | DMA av. spread3 |
| 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 |
Depending on your position, you may need to pay overnight funding.
There's no minimum balance required to open an account, it 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 month, 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
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.
Get the latest forex news
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1
Based on revenue excluding FX (published half yearly financial statements, June 2019).
2 Average spread (Monday 12am – Friday 10pm UK time) for the 12 weeks ending 19 November 2018. For our minimum spreads, please see our CFD and MT4 details.
3 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.
