All trading involves risk. Losses can exceed deposits.

Forex trading

Low spreads and fast execution with the UK's No.1 retail FX provider.1

All trading involves risk. Losses can exceed deposits.

See all our FX spreads, including EUR/USD and AUD/USD from just 0.6 points, or discover our award-winning forex trading platforms.

Live forex prices

Markets Sell Buy Updated Change
AUD/USD
liveprices.javascriptrequired
-
-
-
EUR/USD
-
-
-
-
EUR/JPY
-
-
-
-
GBP/EUR
-
-
-
-
GBP/USD
-
-
-
-
GBP/JPY
-
-
-
-
USD/CHF
-
-
-
-

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

Find an FX pair to trade

Use our market finder tool to find news, videos, analysis and data on the forex pairs you want to trade. Or browse live prices for popular pairs.

This feature requires JavaScript

Share Finder

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

Find out more about how to trade currency.

Why trade forex with IG?

Keep your trading costs down — we’ve cut spreads by up to 35% on nearly 40 currency pairs, so you can trade pairs like EUR/USD and AUD/USD from just 0.6 points. We also offer the following benefits:

  • Leading FX provider
    We're the UK's No.1 retail forex provider1

  • Trade forex online
    With our intuitive web platform, plus bespoke trading apps for mobile and tablet

  • Deal on bitcoin prices
    Without having to buy and store actual bitcoins

  • Direct market access
    Full market transparency with Forex Direct (DMA)

  • Unique range of charts
    Essential and pro charts on desktop and apps

  • Trade the way you want to
    Spread bet or trade CFDs, over the counter or with direct market access

FX spreads

Spot FX

IG spreads Forex Direct (DMA)
Min. spread Av. spread2 Av. spread3
EUR/USD 0.6 0.75 0.142
AUD/USD 0.6 0.75 0.329
USD/JPY 0.7 0.86

0.212

EUR/GBP 0.9 1.17 0.398
GBP/USD 0.9 1.34 0.639
EUR/JPY 1.5 1.96 0.480
USD/CHF 1.5 2.04 0.489

See our full list of currency pairs and live prices.

The FX spread represents the cost of trading on each forex pair, and is essentially our commission for executing your trade.
Find out more about the spread.

Find the forex platform for you

Whether you want the intuitive usability of our web-based platform and bespoke trading apps, or advanced platforms for trading on the next level, you’ll find everything you need with IG.

  • Web platform — the new IG Trading platform is free and easy to use, offering a faster, clearer, smarter way to trade
  • Forex Direct — our DMA service lets you trade directly onto the IG order book and execute against the banks and liquidity providers that we source our prices from
  • MetaTrader 4 -— build and automate your own trading algorithms
  • L2 Dealer — ideal for use with our direct market access service, Forex Direct
  • Trading apps — deal on the move with all the speed and reliability of our web platform 

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

What is forex trading?

Forex trading is the buying and selling of currencies on the forex market with the aim of making a profit. Forex (or sometimes just FX) is short for foreign exchange, and is the largest financial market in the world. It’s where individuals and businesses convert one currency to another.

FX transactions worth trillions of dollars take place every day, and unlike stocks or commodities there’s no central exchange. Instead, currencies are traded by a global network of banks, dealers and brokers, which means you can trade any time, day or night, Monday to Friday. 

FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports.

And because of the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly, making currency trading not only the largest financial market in the world, but also one of the most volatile.

Learn more about forex

Watch Sara explain the basics of
forex trading in less than two minutes

Forex FAQs

What is a forex CFD?

A forex CFD is a contract for difference that is used to speculate on the foreign exchange market.

Just like traditional forex trading, when you trade a forex CFD you’re effectively buying one currency in a pair while selling the other. But instead of taking ownership of any actual currency, you’re agreeing to exchange the difference in price of your chosen currency pair from when your position is opened to when it is closed.

Find out more about CFD trading.

What is a forex spread bet?

A forex spread bet is a bet on the direction in which a currency pair’s price is headed. The further the pair moves in your chosen direction, the more profit you make. But the further it moves against you, the greater your loss.

If you bet £5 per point on EUR/USD to increase in price (called going long), for instance, then for every point of upward price movement in eurodollar, you’d make £5. For every point of downward movement, you’d lose £5. Any profits or losses would be realised once the position is closed.

How do I start forex trading? 

There are two main ways to get started forex trading: via an FX broker, or via derivatives like spread betting or CFD trading.

To a forex trader, they offer very similar benefits. All are leveraged, allow you to take both long and short positions, and are charged via a spread.

However, there are a few benefits to trading forex via CFDs or spread betting. Spread betting is tax-free in the UK,1 for instance, and both spread betting and CFD trading offer access to a huge range of markets alongside forex. These markets can typically include indices, shares, commodities, cryptocurrencies and more.

Find out more about how to trade forex using CFDs or spread betting, or create an account to get started right away.

What are forex trading signals?

Forex trading signals are indicators – often integrated into your trading platform – that help you identify the right time to trade a currency pair.

When you trade with IG, you can benefit from trading signals provided by two expert third-parties: Autochartist and PIA-First. 

Learn more about signals.

You might be interested in...

1 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released June 2017).

2 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 24 February 2017. For our minimum spreads, please see our forex spread bet and CFD details.

3 Time-weighted (22:00-20:00 GMT) average spread by trade (quoted to three decimal places), August 2016. 

Contact us

We're here 24hrs a day from 8am Saturday to 10pm Friday.

0800 195 3100

You can also email us at newaccounts.uk@ig.com

Latest FX news