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 Singapore's best forex provider1 and use our range of powerful platforms to take advantage of movements in currency prices.

Call +65 63905133 or email accountopening@ig.com.sg to talk about opening a trading account. We’re here 24 hours a day, from Monday to Friday.

Contact us: +65 6390 5133


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 envrionment with reduced risk.

Get friendly, expert support 24 hours a day from Monday to Friday

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

CFD DMA (Forex Direct)
Accessible to All clients All clients
Traded in Contracts Lots
Commission Commission-free for FX From USD$10 per USD$1 million
Platforms Web, mobile apps, MT4, ProRealTime, L2 Dealer, terminals and APIs Web, mobile apps, L2 dealer, mobile app, terminals and APIs
Platforms Yes No
Learn more Learn more


FX minimum spread comparison

Minimum Spreads2 IG CMC Oanda Plus 500
EUR/USD 0.6 0.7 1.2 0.9
AUD/USD 0.6 0.7 1.3 0.6
USD/JPY 0.7 0.7 1.2 0.7
GBP/USD 0.9 0.9 2 1.1

See full details including spreads, dealing hours and margins for all our indices, in our help area.


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 an FX trading account today

Fill in our simple online form

We’ll ask a few questions about your trading experience

Customer knowledge assessment

We will verify and identify your Identity and assess your knowledge about CFDs.

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. spread3 DMA av. spread4
EUR/USD 0.6 0.75 0.165
AUD/USD 0.6 0.76 0.295
USD/JPY 0.7 0.76 0.242
EUR/GBP 0.9 1.23 0.540
GBP/USD 0.9 1.17 0.589
EUR/JPY 1.5 1.64 0.678
USD/CHF 1.5 1.70 0.399

Depending on your position, you may need to pay overnight funding.

Opening a forex trading account with IG 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.

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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.


Award-winning forex and service provider

Choose the Singapore’s Best FX provider1

Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs. Why trade with anyone but the No.1?

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Zero in on price action with our clean, fast charts, deepen your analysis with advanced ProRealTime and Autochartist packages.

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


1 Awarded the best forex provider in Singapore by the Global Brands Magazine in 2018
2 The data provided for the comparison table above is based on an analysis of forex pair minimum spreads offered by IG and other Singapore leveraged providers. This research for minimum spreads was conducted on 8 April 2019. Source: www.ig.com/sg, www.cmcmarkets.com/en-sg, www.oanda.com, and www.plus500.com.sg
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 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.