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Forex costs and details

See the benefits and costs of trading CFDs on forex with IG

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It's free and quick to open an account with us - and there's no obligation to fund or trade. Or, open a demo to try out our platform.

Forex CFDs costs

Contracts for difference (CFDs) let you trade FX on margin, with no stamp duty to pay. You can go long or short on a wide range of currency pairs, and direct market access (DMA) is available to advanced traders.

 

Min. spread Av. spread1
EUR/USD 0.6 0.75
AUD/USD 0.6 0.75
EUR/GBP 0.9 1.17
GBP/USD 0.9 1.34

 

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Forex DMA costs

Trade FX at the market price, with liquidity from major providers, using our dedicated, downloadable DMA platform, Forex Direct.

 

Av. spread2
EUR/USD 0.142
AUD/USD 0.329
EUR/GBP 0.398
GBP/USD 0.639

 

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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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Please note: Forex is available to trade on an international account only.

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 Average spread for the twelve weeks ending 24 February 2017. For our minimum and typical spreads, please see our forex CFD  and MT4 details.

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

 

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and 10am to 6pm Saturday.

010 344 0053

You can also email helpdesk.za@ig.com