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All trading involves risk. Losses can exceed deposits.
Forex trading
Get low spreads, fast execution, and access to a range of powerful trading platforms when you start currency trading 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
Why trade forex with IG?
-
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 -
Trade the way you want to
Spread bet or trade CFDs, over the counter or with direct market access
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Direct market access
Full market transparency with Forex Direct (DMA) -
Unique range of charts
Essential and pro charts on desktop and apps -
Deal on bitcoin prices
Without having to buy and store actual bitcoins
FX spreads
Keep your currency trading costs down — we’ve cut spreads by up to 35% on nearly 40 FX pairs, so you can trade pairs like EUR/USD and AUD/USD from just 0.6 points.
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 |
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.
All forex costs and details
For full details including spreads, dealing hours and margins for all our FX pairs, follow the link to our help area, or download a PDF.
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, currency trading is facilitated via a global network of banks, dealers and brokers, which means you can trade any time, day or night, Monday to Friday.
Watch Sara explain the basics of
forex trading in less than two minutes
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 what forex is and how to trade currency.
Forex FAQs
You might be interested in...
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Flexible bitcoin trading
Deal on bitcoin volatility without the risk of buying and storing actual bitcoins
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FX charting packages
Use IG charts, plus advanced ProRealTime and Autochartist packages
-
Forex trading hours
When is the best time of day to trade FX?
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. There is also a commission charge for Forex Direct.
Help and support
Get answers about your account or our services.
Or ask about opening an account on 0800 195 3100 or newaccounts.uk@ig.com.
We're here 24hrs a day from 8am Saturday to 10pm Friday.
Latest FX news
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FX levels to watch – EUR/USD, GBP/USD and AUD/USD
The dollar has been strengthening throughout the second half of the week, with the combined effec...2018-06-15T09:57:51+0100 -
FX levels to watch – EUR/USD, GBP/USD, USD/JPY
The Fed’s hike has not boosted the dollar, and even the apparent desire for two more hikes this y...2018-06-14T09:43:47+0100 -
Will the US force emerging markets FX rates lower?
With Western rates rising and USD liquidity faltering, we are seeing the emerging markets put und...2018-06-13T16:42:12+0100
