Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Forex Trading

Harness volatility in the world's most-traded financial market with a top in class forex broker1 on an award-winning trading platform.2

Forex trading involves risk. Losses can exceed deposits.

Call 1 844 IG USA FX or email newaccounts.us@ig.com to talk about opening a trading account.

We’re here 24 hours a day, from 3am Saturday to 5pm Friday (EST).

Contact us: 1 312 981 0498

Why Trade Forex with IG?

Get an edge with our award-winning platform2 designed to be with you wherever you are. Our platform is web-based platform and available in app stores for mobile devices.

Stay aware of market movements with customizable alerts on IG's platform.

Get friendly, expert support 24 hours a day, except between 5 pm Friday - 3 am Saturday (EST).

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

Enjoy peace of mind trading forex with an award-winning forex broker.1

Open an account quickly and easily – you could be set up and trading forex in minutes.

See how FX P&L works

Adjust the size and the opening/closing levels to see the impact on returns, using EUR/USD as an example.

*All values are estimated and for information only. The resulting P&L does not include costs and charges such as spread, commission or rollovers. Minimum spread for EUR/USD is 0.8 pips which equates to $8 per standard contract. Please visit our product details for more information.

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

Fast execution*

React to opportunity across 80+ FX pairs

Trade wherever you are

Trade on the move with our award-winning apps optimized for your device

A broker with a legacy

Our parent company, IG Group has 45 years' experience, we're proud to offer a truly market-leading service

How Much Does Forex Trading Cost?

Margins:

When you trade FX you do so with leverage - meaning you can win, or lose, a significant amount more than your inital 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 forex is the 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 IG min. spread IG av. spread
EUR/USD 0.8 0.9
AUD/USD 1 1.2
USD/JPY 0.8 0.9
EUR/GBP 1 1.3
GBP/USD 1 1.3
EUR/JPY 1.2 1.3
USD/CHF 1.5 1.7

If you hold a position overnight you there will be a funding adjustment applied to your account. Currency conversion fees may also apply.

With our transparent pricing, you can be confident you understand the value of each trade.

See our 'costs and charges' document

Up to 20% lower spreads on EUR/USD vs top two U.S. brokers3

See our full product details

Discover Your Next Opportunity

Search our huge range of forex pairs.

Live prices on our most popular markets

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

Choose Your Trading Platform

Seize opportunity at your desk or on the go with IG's award-winning platform for desktop and mobile2 or trade on one third party platforms we offer.

Discover the IG web trading platform, a clear, smart way to trade forex that’s customizable and requires no downloads.

Build forex trading algorithms that will execute your trades automatically with MetaTrader 4.

Never miss an opportunity, trade forex on the move with our natively designed IG Forex for your device.

Deepen your trading anaylsis with ProRealTime's clear, advanced, feast charts.

Start trading with IG

Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs - starting from just 0.8 pips

You might be interested in…

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

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

Test your trading strategies with $10,000 in virtual funds by opening an IG demo account.

1Based on IG US's numerous awards including: Investopedia's 2019 Best Brokers Awards (Determined by award winners, Investopedia's team evaluated more than 70 online brokers, considering thousands of variables across trading technology, mobile capabilities, user interfaces, research tools, costs and fees.), awarded Best Customer Service Broker, Best Value for Money, and Best Educational Material by Investment Trends (Determinded by overall relationships in Investment Trends 2019 Foreign Exchange Report) and winner of FX Week's e-FX 2019 Award for Best Retail FX Platform of the Year (A submissions-bassed process awarded by FX Week judges, based on demonstrating innovative ideas and implemented in a practical way for solving issues for clients.)

2Winner of FX Weeks e-FX 2019 Award for Best Retail FX Platform of the Year. The FX Week e-FX Awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX Week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.

3IG US minimum spreads are equal to or lower than Forex.com, Oanda, or TDAmeritrade minimum spreads across the top 4 traded currency pairs (EUR/USD, USD/JPY, GBP/USD, AUD/USD), as observed on May 25, 2021. IG US minimum EUR/USD spread is at least 20% lower. Excludes competitors’ commission-based products.

*Based on IG Group's OTC data from October 2019. 86 million trades places in FY19 with an avaerage execution speed of 0.014 seconds.