Forex trading

Forex trading, other known as foreign exchange trading or currency trading is the buying and selling of currencies on the forex (FX) 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.

Open a forex trading account with an award-winning1 FX provider and use our range of powerful platforms to take advantage of movements in currency prices.

Why trade forex with IG?

Give your forex trading an edge with our accessible, easy-to-use platform and apps.

Practice trading forex on a demo account, in an environment with reduced risk.

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

Identify FX opportunities on clear, fast charts with premium analytical tools.

Enjoy peace of mind trading forex with one of the world's leading providers.1

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

How to trade forex online

At IG you can trade the currency markets by taking spot forex positions. A spot forex position enables you to trade on a currency’s price movements by forecasting the direction in which a forex pair’s price is headed. The further it moves in that direction, the greater your profit from the trade – the further the price moves in the opposite direction, the greater your loss.

Visit our how to trade forex page to learn more about the benefits and risks of spot forex.

What is forex trading?

Forex trading – also referred to as foreign exchange trading, FX or currency trading – is the buying and selling of currencies on the forex 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
  • Regular opportunities
  • Trade on leverage
  • Over 80 FX pairs to choose from

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 FX trading account today

Fill in our simple online form

We’ll ask a few questions about your trading experience

Get certified

We can usually verify your ID in just a few seconds

Fund your account and trade

Withdrawing your funds is easy, and you can do it whenever you like

How much does forex trading cost?

Your key cost for trading forex is the spread. We are constantly working to keep our spreads among the lowest on the market.

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.

No hidden fees2 with our transparent pricing structure

See our 'costs and charges' document

Up to 27% lower spreads on EUR/USD vs top two U.S. brokers3

See our full product details

Discover our forex markets

Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs.

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

Forex trading platforms

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

Build forex trading algorithms which 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.

See how our web-based platform, mobile app and enhanced MT4 access complement each other to give you a superior trading experience.

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.

1Determinded by Investopedia's unique scoring methodology based on ten catagories and over 3,000 data points.

2Roll-over and currency conversion fees may apply. See our costs and charges document for full details here.

3Based on minimum spreads advertised on July 2, 2019. Excludes competitors' commission-based products.