View more search results. Prices above are subject to our website terms and conditions. Prices are indicative only. See all forex pairs and our full product details. Foreign exchange is the largest financial market in the world — transactions worth trillions of dollars take place every day, traded by a global network of banks, dealers and brokers.
FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports. Due to the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly. This means there are plenty of currency trading opportunities, but it also makes forex incredibly volatile.
Learn more about CFDs and their potential risks. Watch Sara explain the basics of forex trading in less than two minutes. Our price is currently You choose to 'buy' 1 contract at the offer price Alternatively, you could 'sell' 1 contract at the bid price In this case, your total exposure is But with a 0. You choose to close your trade by placing a 'sell' trade on 1 full contract at the bid price Similarly, if the market had fallen by To accurately calculate your net profit or loss, you would need to factor in any funding charges.
In this case, there are no funding costs because the position was not held overnight. Or learn how to find markets, place trades and make the most of your trading with our free interactive platform preview. When dealing on fast-moving forex markets, we know each moment counts. Find out more about our advanced execution and pricing technology. Forex Direct allows direct dealing with prices from a wide selection of global banks and liquidity providers , plus the ability to view extended data on currency pairs.
Forex Direct is recommended only for advanced FX traders. It can be traded using our web-based platform , iPad and iPhone apps. Find out more about how to trade Forex Direct and its costs. Our forex prices, as well as those for some of our other markets, are sourced from top global banks and exchanges.
This means you get greater liquidity and can access the best prices from around the globe. Speculate on whether the bitcoin price will be above or below a certain level by the end of a trading period.
This means that DMA prices are not necessarily better than OTC , but direct access to the markets can give you greater visibility and flexibility as a trader.
There are many added complexities to the trading environment and there can be an increased risk. As we take a parallel position in the underlying market, DMA traders need to be aware that once an order has been executed we are unable to change or reverse the position. It is also important to note that while you are trading based on underlying market prices and depth, what you actually receive on placing a trade is a CFD from us.
So while you are trading at market prices, you do not gain any ownership rights over the currencies which form the subject of your CFD. You can then choose to activate the data feeds you need and the platform you'd like to trade on. Commission Unlike over-the-counter trading, there is no IG spread to pay.
This charge is based on the volume you traded in the preceding month. If your account is not denominated in USD, the commission will be converted into your base currency at current exchange rates before being deducted. Average spreads There are no IG spreads with Forex Direct — instead you are trading on buy and sell prices provided by major banks and currency providers.
Our essential charts are available to all IG clients as standard. You can trade from them directly, use them to access a range of popular indicators, and access them within our mobile apps. IG clients also get free access to independent chart analysis tools such as Autochartist and Trading Central. Advanced traders may be interested in using the ProRealTime charting package which is fully integrated with our desktop platform.
Log in or create an account to get started. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand the risks and take care to manage your exposure.
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All trading involves risk. Losses can exceed deposits. Contact us New to IG: Demo account Download app. Forex Benefit from low spreads and fast execution. Why trade forex with IG? Enjoy competitive FX rates Low spreads from just 0. Flexible online FX trading Access our award-winning desktop platform and range of mobile and tablet apps.
Trade forex on margin Gain full exposure with a small initial deposit, but remember leverage comes with increased risk. Popular forex markets Market name Value per point Min. What is forex trading? See an example of a forex CFD trade.
Currency pair Value per pip Margin req. Therefore your gross profit is: Try it for free. Execution and pricing technology When dealing on fast-moving forex markets, we know each moment counts. No requotes on live prices: Forex Direct Forex Direct allows direct dealing with prices from a wide selection of global banks and liquidity providers , plus the ability to view extended data on currency pairs.
Can I trade bitcoin? Yes — with IG there are two ways to trade bitcoin: Trade bitcoin volatility using digital s Speculate on whether the bitcoin price will be above or below a certain level by the end of a trading period. Find out more about trading bitcoin. What are the costs of Forex Direct? What charting packages does IG offer?More...