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Forex MT4 product details

Spreads from 0.6 pips on a popular range of currency pairs

Our forex spreads change depending on underlying market volatility. As such, we have the following:                      

  • Minimum spread – our tightest possible spread, quoted when the underlying market narrows                    
  • Standard spread – our standard, in-house dealing spread                    
  • Average spread – the average spread over a given period of time

Major

Major pairs

Currency Pair [1]

Value per point [2]

Minimum spread

Average Spread
(00:00-21:00)** [3]

Average Spread* [3]

Retail minimum requirement [4]

Professional minimum requirement [8]

EUR/CHF

CHF10 2 2.59 3.12 3.33% 1.35%

EUR/GBP

£10 0.9 1.83 2.51 3.33% 0.45%

EUR/JPY

Y1000 1.5 1.96 2.57 3.33% 0.45%

EUR/USD

$10 0.6 0.86 1.13 3.33% 0.45%

GBP/JPY

Y1000 2.5 3.50 4.42 3.33% 0.45%

GBP/USD

$10 0.9 1.84 2.38 3.33% 0.45%

USD/CAD

C$10 1.3 2.14 2.46 3.33% 0.45%

USD/CHF

CHF10 1.5 1.95 2.29 3.33% 1.35%

USD/JPY

Y1000 0.7 0.96 1.26 3.33% 0.45%

CAD/CHF

CHF10 2.5 4.06 4.40 3.33% 1.35%

CAD/JPY

Y1000 2 3.17 3.54 3.33% 0.45%

CHF/JPY

Y1000 2 2.88 3.53 3.33% 1.35%

EUR/CAD

C$10 2.5 4.97 5.68 3.33% 0.45%

GBP/CAD

C$10 3 6.57 7.66 3.33% 0.45%

GBP/CHF

CHF10 3 4.51 5.37 3.33% 1.35%

* 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 spread bet, CFD and MT4 details.
** 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 spread bet, CFD and MT4 details.

Minor

Minor pairs

Currency Pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Retail minimum requirement [4]

Professional minimum requirement [8]

AUD/USD

$10 0.6 1.07 1.33 5% 0.45%

EUR/SGD

SGD10 4 6.97 8.23 5% 0.68%

EUR/ZAR

ZAR10 150 298.50 330.00 5% 4.50%

GBP/SGD

SGD10 5 10.41 12.32 5% 0.68%

GBP/ZAR

ZAR10 200 353.55 385.77 5% 4.50%

SGD/JPY

Y1000 4 5.35 5.91 5% 0.9%

USD/SGD

SGD10 3 5.21 5.91 5% 0.68%

USD/ZAR

ZAR10 90 190.48 206.57 5% 4.50%

* 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 spread bet, CFD and MT4 details.
** 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 spread bet, CFD and MT4 details

Australasian

Australasian pairs

Currency Pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Retail minimum requirement [4]

Professional minimum requirement [8]

AUD/CAD

C$10 1.5 3.67 4.23 5% 0.45%

AUD/CHF

CHF10 2 3.26 3.73 5% 1.35%

AUD/JPY

Y1000 1.3 2.02 2.49 5% 0.45%

AUD/NZD

NZD10 2.5 4.42 5.12 5% 0.68%

AUD/SGD

SGD10 3 6.25 7.00 5% 0.9%

EUR/AUD

AUD10 1.8 4.25 5.35 5% 0.45%

EUR/NZD

NZD10 3 6.85 7.80 5% 0.68%

GBP/AUD

AUD10 1.9 6.21 7.62 5% 0.45%

GBP/NZD

NZD10 5 9.10 10.46 5% 0.68%

NZD/AUD

AUD1 3.5 7.30 7.90 5% 0.68%

NZD/CHF

CHF10 4 4.86 5.13 5% 1.35%

NZD/JPY

Y1000 2 3.28 3.67 5% 0.68%

NZD/USD

$10 1.8 2.52 2.70 5% 0.68%

* 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 spread bet, CFD and MT4 details.
** 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 spread bet, CFD and MT4 details

Exotics

Exotic pairs

Currency Pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Retail minimum requirement [4]

Professional minimum requirement [8]

CHF/HUF HUF1000 25 64.51 77.42 5% 1.8%
EUR/HUF HUF1000 20 65.71 77.50 5% 1.8%
EUR/MXN MXN10 100 267.43 292.28 5% 2.25%
EUR/PLN PLN10 25 53.80 61.56 5% 1.35%
GBP/HUF HUF1000 25 76.64 92.72 5% 1.8%
GBP/MXN MXN10 130 337.81 369.90 5% 2.25%
GBP/PLN PLN10 30 69.16 79.02 5% 1.35%
USD/HUF HUF1000 20 61.00 68.63 5% 1.8%
USD/MXN MXN10 50 152.73 164.95 5% 2.25%
USD/PLN PLN10 25 46.71 50.92 5% 1.35%

* 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 spread bet, CFD and MT4 details.
** 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 spread bet, CFD and MT4 details

Scandinavian

Scandinavian pairs

Currency Pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Retail minimum requirement [4]

Professional minimum requirement [8]

CAD/NOK NOK10 25 124.88 145.54 5% 0.9%
CHF/NOK NOK10 40 183.73 220.35 5% 1.35%
EUR/NOK NOK10 25 167.72 201.30 5% 0.68%
EUR/SEK SEK10 30 92.55 104.07 5% 0.68%
GBP/NOK NOK10 50 231.66 281.11 5% 0.68%
GBP/SEK SEK10 40 141.74 155.72 5% 0.68%
NOK/SEK SEK10 6 24.03 27.71 5% 0.9%
USD/DKK DKK10 15 20.37 22.93 5% 4.5%
USD/NOK NOK10 25 152.59 177.35 5% 0.68%
USD/SEK SEK10 25 82.26 89.21 5% 0.68%

* 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 spread bet, CFD and MT4 details.
** 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 spread bet, CFD and MT4 details

Notes to tables

Foreign exchange CFDs and spread bets are a form of cash-settled trades that provide exposure to changes in exchange rates, but cannot result in the delivery of the underlying currencies.

1. Normal dealing hours for all pairs are from 22.00 (London time) on Sunday until 22.00 (London time) on Friday. All dealing times listed are London times.

2. The minimum transaction size is 0.1 contracts. For every pair, one contract = 100,000 of the first-named currency.

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. Margin requirements represent a percentage of the overall position value.

5. 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. Our standard convert-on-close charge is 0.5%.

6. For foreign exchange transactions, adjustments are made to calculate the cost of funding a position, and these are posted to your 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 the IG charge for holding positions overnight which is no more than 0.0022% a day.

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).

7. You will not be charged any additional commission unless notified in writing.

8. You will not be charged any additional commission unless notified in writing.

Professional clients are exempt from regulatory limits on leverage in place for retail clients, and are able to trade on lower margins as a result. You can find out more, and check your eligibility, on our professional trading page.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Options are complex financial instruments and your capital is at risk. Losses may be extremely rapid.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.