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 and use our award-winning platforms to take advantage of movements in currency prices.

Call +61 3 9860 1799 or email helpdesk.en@ig.com to talk about opening a trading account. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.

Contact us: +61 3 9860 1799

Why trade forex with us?

Get an edge with our award winning web-based platform and mobile apps1

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 (UK time).

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 CFD provider.2

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 Variable commission
Platforms Web, mobile app and advanced platforms Web, mobile apps, L2 Dealer, terminals and APIs
Learn more Learn more

* It is important to note that while you are trading based on underlying market prices and depth, what you actually receive when placing a trade is a CFD from us.

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?

  1. Decide how you’d like to trade forex
  2. Learn how the forex market works
  3. Open an IG CFD trading account
  4. Build a trading plan
  5. Choose your trading platform
  6. Open, monitor and close your first position

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 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 more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

How much does CFDs on 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 CFDs on 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 Retail margin Leverage equivalent
EUR/USD 0.5% 1:200
AUD/USD 0.5% 1:200
USD/JPY 0.5% 1:200
EUR/GBP 0.5% 1:200
GBP/USD 0.5% 1:200
EUR/JPY 0.5% 1:200
USD/CHF 1.50% 1:67
Spot FX IG min. spread IG av. spread2 IG av. spread
(00:00 - 21:00)3
DMA av. spread4
EUR/USD 0.6 1.13 0.86 0.165
AUD/USD 0.6 1.33 1.07 0.295
USD/JPY 0.7 1.26 0.96 0.242
EUR/GBP 0.9 2.51 1.83 0.540
GBP/USD 0.9 2.38 1.84 0.589
EUR/JPY 1.5 2.57 1.96 0.678
USD/CHF 1.5 2.29 1.95 0.399

It’s free, quick and simple to create an account with us. Open one today, and you’ll get access to over 17,000 financial markets.

When you’re ready, you choose your deal size. What’s more, you’ll get lower minimums for one month while you master the markets.

Discover your next opportunity

Search our huge range of forex pairs.

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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.

Get the latest forex news

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Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customisable alerts.

1 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.
2 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 29th May 2020. For our minimum spreads, please see our forex product details.
3 Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 29th May 2020. For our minimum spreads, please see our forex product 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.