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 and come with a high risk of losing money rapidly due to leverage.
Minimum size 0
Contract size SGD 100,000
One Pip means 0.01 JPY/SGD
Value of one Pip JPY 1,000 (USD 9.19)
Margin 5%
Minimum stop distance 8
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 17.36 Contracts | 5% |
| 2 | 17.36 - 86.78 Contracts | 5% |
| 3 | 86.78 - 173.55 Contracts | 5% |
| 4 | 173.55 + Contracts | 15% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
No Controlled Risk
Why IG?
Spreads up to 27% lower on EUR/USD vs top two U.S. brokers1
Trade wherever on an award-winning platform2 for desktop and mobile
24 hour customer support from our trained platform experts
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
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1Based on minimum spreads advertised on January 28, 2020. Excludes competitors' commission-based products.
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.
3According to Investopedia's 2019 Best Brokers Awards. To determine 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.
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