Forex trading in the US: everything you need to know
Discover how to get started in the world of forex trading. Let’s look at how FX markets work, the currency pairs you can trade, and the strategies you can use.
Start trading today. Call 844 IG USA FX or email newaccounts.us@ig.com. We’re here 24 hours a day, from 3am Saturday to 5pm Friday (EST).
Contact us: 844 IG USA FX
Start trading today. Call 844 IG USA FX or email newaccounts.us@ig.com. We’re here 24 hours a day, from 3am Saturday to 5pm Friday (EST).
Contact us: 844 IG USA FX
Forex essentials
Forex is one of the most traded markets in the world, made popular by periods of high volatility, and its inherently deep liquidity. While FX tends to be preferred by experienced traders, we’ve compiled this information specifically for beginners.
Live forex prices for US traders
Take your pick from over 80 currency pairs and speculate on their price movements in our award-winning platform1. We offer a wide range of major, minor and exotic currency pairs for you to trade.
Forex trading strategies you need to know
Technical and fundamental analysis
Analysis can help in the decision-making process for opening and closing positions. Are you more of a technical or fundamental trader?
Best times to trade forex
The foreign exchange market is open 24/5 with no breaks. Learn what times the Asian, European, and US markets are open, and how trading is affected by their overlap.
Day trading
Learn what draws traders to day trade and potential strategies for managing positions intraday.
Latest forex news
Free forex trading resources for US traders
Forex Focus
Daily educational discussions and market commentary
Forex Fundamentals
Everything you need to know to get started in forex markets
Platform Walkthrough
Discover the capabilities and features of IG's proprietary platform
FAQs
What does forex mean?
Forex is an abbreviation for foreign exchange, which represents the marketplace where currencies from around the world are bought and sold. FX is another term used to refer to forex. When one currency is pegged against another, this is called a forex pair – eg GBP/USD.
Is forex trading risky?
Yes, forex trading is risky because it’s a highly traded market that is offered on leverage. You should always take steps to manage your risk and understand the product details.
Is forex trading good for beginners?
Forex trading requires an intermediate to advanced understanding of how the market works, which tends to put beginners at a disadvantage. That’s why beginners should brush up on their knowledge on the forex market by using our educational resource hub and our demo account. Once they’re confident in their skill, they can advance to the live account.
Try these next
Take a closer look at the benefits of forex trading.
Find out why we were named an award-winning platform1 by Forex Brokers.
Dive into what forex is, and how to trade the FX market on our platform
1 "Award-winning” is based on the ForexBrokers.com 2024 Annual Review where IG won #Overall Broker and #1 Web Platform. The ForexBrokers Awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by ForexBrokers judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients. You can view how they rate brokers by visiting here: https://www.forexbrokers.com/how-we-test
