Forex trading

Harness volatility in the world’s most-traded financial market with Singapore’s best forex provider.1

Start trading today. Call +65 6390 5133 or email accountopening@ig.com.sg. We’re here 24 hours a day, from Monday to Friday.

Contact us: +65 6390 5133

Why trade CFDs on forex with IG?

Get an edge with Singapore’s best web-based platform and award-winning mobile apps2

Reduce risk and protect your profits with stops and limits – including guaranteed stops for watertight protection3

Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday

Identify CFDs on FX opportunities on clear, fast charts and deepen your analysis with ProRealTime

Get a peace of mind trading CFDs on forex online with a provider that’s authorised and regulated by the Monetary Authority of Singapore (MAS)

Open a free CFDs on forex trading account quickly and easily – you could be trading forex in minutes

Ways to trade CFDs on 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 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 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.

Why forex?

  • Go long or short
  • 24-hour trading
  • High liquidity
  • Constant opportunities
  • Trade on leverage
  • Wide range of CFD FX pairs

How do I trade CFDs on forex?

  1. Decide how you’d like to trade CFDs on forex
  2. Learn how the forex market works
  3. Open a CFD forex trading account
  4. Build a trading plan
  5. Choose your CFD forex 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 Accredited investor margin
What is this?
Leverage equivalent
EUR/USD 5% 1:20 2% 1:50
AUD/USD 5% 1:20 2% 1:50
USD/JPY 5% 1:20 2% 1:50
EUR/GBP 5% 1:20 2% 1:50
GBP/USD 5% 1:20 2% 1:50
EUR/JPY 5% 1:20 2% 1:50
USD/CHF 5% 1:20 2% 1:50
Spot FX IG min. spread IG av. spread4 IG av. spread
(00:00 - 21:00)5
EUR/USD 0.6 1.00 0.75
AUD/USD 0.6 1.01 0.74
USD/JPY 0.7 1.12 0.83
EUR/GBP 0.9 1.71 1.19
GBP/USD 0.9 1.66 1.19
EUR/JPY 1.5 2.27 1.76
USD/CHF 1.5 2.15 1.91

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 reduced minimum deal sizes for your first two weeks, while you master the markets.

Discover your next opportunity

Search our huge range of CFD forex pairs.

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Live CFD FX prices

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Prices above are subject to our website terms and conditions. Prices are indicative only.

Choose your currency trading platform

Manage opportunity at your desk or on the go with Singapore's best web trading platform and mobile trading app.2

Build forex trading algorithms to execute automatically, even if your machine is off.

Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.

Trade forex on the move, so you need never miss an opportunity.

Find out more about our platforms

Award-winning forex and service provider

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See how we've been changing the face of trading for more than 40 years

1 Awarded the best forex provider in Singapore by the Global Brands Magazine in 2020
2 Based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2019.
3You’ll pay a small premium only if your guaranteed stop is triggered.
4Average 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.
5Average 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.
6Average 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.