

Forex trading
Harness volatility in the world’s most-traded financial market with the UK’s No.1 retail forex provider.1
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account.
Contact us 0800 195 3100
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.
Contact us 0800 409 6789
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account.
Contact us 0800 195 3100
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.
Contact us 0800 409 6789
Why trade forex with us?



Get an edge with the UK’s best web-based platform and award-winning mobile apps2
Negative balance protection ensures that your
account never stays below zero3
Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday



Identify FX opportunities on clear, fast charts and deepen your analysis with ProRealTime
Get peace of mind trading forex online with a provider that's authorised and regulated by the FCA
Open a free forex trading account quickly and easily – you could be trading forex in minutes
Ways to trade forex with IG
Spread betting | CFD | DMA (Forex Direct) | |
Main benefits | Profits are tax-free in the UK4 | Tax-deductible losses are useful for hedging4 | Increased market transparency and order control |
Accessible to | All clients | All clients | Professional clients only5 |
Traded in | £ (or other base currency) per point | Contracts | Lots |
Tax status | No capital gains tax (CGT) or stamp duty4 | No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction4 | No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction4 |
Commission | Commission-free | Commission-free for FX | Variable commission |
Platforms | Web, mobile app and advanced platforms | Web, mobile app and advanced platforms | L2 dealer, mobile app, terminals and APIs |
Learn more | 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.
What are the benefits?
- Go long or short
- 24-hour trading
- High liquidity
- Constant opportunities
- Trade on leverage
- Wide range of FX pairs
How do I trade forex?
- Decide how you’d like to trade forex
- Learn how the forex market works
- Open a forex trading account
- Build a trading plan
- Choose your forex trading platform
- 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 18,000+ 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 more than 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 18,000+ 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 more than 45 years of experience, we’re proud to offer a truly market-leading service
How much does FX trading cost?
Margins
When you spread bet and 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 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 | Professional margin What is this? |
Leverage equivalent |
EUR/USD | 3.33% | 1:30 | 0.45% | 1:222 |
AUD/USD | 3.33% | 1:30 | 0.45% | 1:222 |
USD/JPY | 3.33% | 1:30 | 0.45% | 1:222 |
EUR/GBP | 3.33% | 1:30 | 0.45% | 1:111 |
GBP/USD | 3.33% | 1:30 | 0.45% | 1:111 |
EUR/JPY | 3.33% | 1:30 | 0.45% | 1:222 |
USD/CHF | 3.33% | 1:30 | 1.35% | 1:74 |
Spot FX | IG min. spread | IG av. spread6 | IG av. spread (00:00-21:00)7 |
DMA av. spread8 |
EUR/USD | 0.6 | 1.13 | 0.86 | 0.165 |
AUD/USD | 0.6 | 1.33 | 1.07 | 0.295 |
USD/JPY | 0.7 | 1.26 | 0.96 | 0.242 |
EUR/GBP | 0.9 | 2.51 | 1.83 | 0.540 |
GBP/USD | 0.9 | 2.38 | 1.84 | 0.589 |
EUR/JPY | 1.5 | 2.57 | 1.96 | 0.678 |
USD/CHF | 1.5 | 2.29 | 1.95 | 0.399 |
How much will I have to pay?
Margins
When you spread bet and 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 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 | Professional margin | Leverage equivalent |
EUR/USD | 3.33% | 1:30 | 0.45% | 1:222 |
AUD/USD | 3.33% | 1:30 | 0.45% | 1:222 |
USD/JPY | 3.33% | 1:30 | 0.45% | 1:222 |
EUR/GBP | 3.33% | 1:30 | 0.45% | 1:111 |
GBP/USD | 3.33% | 1:30 | 0.45% | 1:111 |
EUR/JPY | 3.33% | 1:30 | 0.45% | 1:222 |
USD/CHF | 3.33% | 1:30 | 1.35% | 1:74 |
Spot FX | IG min. spread | IG av. spread6 | IG av. spread (00:00-21:00)7 |
DMA av. spread8 |
EUR/USD | 0.6 | 1.13 | 0.86 | 0.165 |
AUD/USD | 0.6 | 1.33 | 1.07 | 0.295 |
USD/JPY | 0.7 | 1.26 | 0.96 | 0.242 |
EUR/GBP | 0.9 | 2.51 | 1.83 | 0.540 |
GBP/USD | 0.9 | 2.38 | 1.84 | 0.589 |
EUR/JPY | 1.5 | 2.57 | 1.96 | 0.678 |
USD/CHF | 1.5 | 2.29 | 1.95 | 0.399 |


It’s free, quick and simple to create an account with us. Open one today, and you’ll get access to over 18,000+ financial markets.
When you’re ready, you choose your deal size. What’s more, you'll get lower minimums for one month while you master the markets.
Discover your next opportunity
Search our huge range of forex pairs.
Live FX prices
These prices are indicative only, and subject to our website terms and conditions.
Choose your currency trading platform
Seize opportunity at your desk or on the go with the UK’s best web trading platform and mobile trading app.2

Award-winning forex provider


ForexBrokers is compensated by IG for marketing
Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.

Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.
Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.

Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.
Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.

Choose the world's No. 1 spread betting provider
Why open a trading account with anyone but the best spread betting provider? With 45 years of experiance, we're proud to offer a truly market-leading service.
Get the latest forex news
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EUR/USD volatility diminishes while AUD/USD rallies on RBA rate hike and USD/JPY slips
-
Wall Street on a breather as Apple failed to commit to all-time high: Russell 2000, AUD/USD, Silver
-
EUR/USD, GBP/USD resume their descents on greenback strength while EUR/GBP rallies
-
Australian economy braces for potential slowdown: A glimpse at the upcoming Q1 2023 GDP release
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See how we've been changing the face of trading for more than 47.
1 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released June 2021).
2 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.
3
Negative balance protection applies to trading-related debt only, and is not available to professional traders.
4 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
5 The advertised offering is only available to individual clients capable of obtaining ‘professional’ status. This requires experience of trading relevant products on your own account above a certain size, experience of working within the financial sector for at least one year in a relevant position and/or a personal investment portfolio worth at least €500,000.
6 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 and CFD details.
7 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 and CFD details.
8 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.