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.
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
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|
If you hold a position overnight you there will be a funding adjustment applied to your account.
Discover our forex markets
Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs.
Live prices on our most popular markets
Forex trading platforms
See how our web-based platform, mobile app and enhanced MT4 access complement each other to give you a superior trading experience.
Get the latest forex news
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.
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.