Forex trading

Low spreads and fast execution with the UK's No.1 retail FX provider.1

*Available on an international account

Live forex prices

Markets Sell Buy Change
USD/ZAR
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EUR/ZAR
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GBP/ZAR
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Prices above are subject to our  website terms and conditions. Prices are indicative only.

Find an FX pair to trade

Use our market finder tool to find news, videos, analysis and data on the forex pairs you want to trade.

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Share Finder

For a full list of FX Margin Tiers, please Click Here

* FX is available on the international account which was automatically assigned to you when you opened your IG account.

See full details including spreads, dealing hours and margins for all our FX pairs, in our help area.

Why trade forex with IG?

  • Leading FX provider

    IG is the UK's No.1 retail forex provider1

  • Low spreads

    Spreads from 0.6 pips on EUR/USD and AUD/USD

  • Trade on bitcoin prices

    Without having to buy and store actual bitcoins

  • Direct market access

    Full market transparency with Forex Direct (DMA)

  • Unique range of charts

    Essential and pro charts on desktop and apps

  • Trade forex online

    With our intuitive web platform, plus bespoke trading apps for mobile and tablet

New to forex?

Forex (or sometimes just FX) is short for foreign exchange, and is the largest financial market in the world. Simply put, it’s how individuals and businesses convert one currency to another.

FX transactions worth trillions of dollars take place every day, and unlike stocks or commodities there’s no central exchange. Instead, currencies are traded by a global network of banks, dealers and brokers, which means you can trade any time, day or night, Monday to Friday. 

FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports.

And because of the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly, making currency trading not only the largest financial market in the world, but also one of the most volatile.

Related links

Watch Sara explain the basics of
forex trading in less than two minutes

FX spreads and slippage rates

Spot FX

IG spreads Forex Direct (DMA)
Min. spread Av. spread2 Av. spread3
EUR/USD 0.6 0.75 0.142
AUD/USD 0.6 0.75 0.329
EUR/GBP 0.9 1.17 0.398
GBP/USD 0.9 1.34 0.639

 

See our full list of currency pairs and live prices.

Best forex mobile & tablet app
2014

Best forex trading platform
2013, 2012, 2014

Best platform for active day traders
2013, 2014

SA's top CFD provider 
2012, 2013

SA's top stockbroker for the active day trader 
2014, 2017

Platforms and apps

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

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South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

1 UK's largest retail FX provider based on number of active accounts (Investment Trends UK Leveraged Trading Report released June 2017).

2 Average spread for the 12 weeks ending 24 February 2017. For our minimum and typical spreads, please see our forex CFD details.

3 Time-weighted (22:00-20:00 GMT) average spread by trade (quoted to three decimal places), March 2016. 

Contact us

24 hours a day from 10am Saturday to Friday night at midnight.

010 344 0053

You can also email helpdesk.za@ig.com

Latest FX news

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.