Forex trading product details

Compare the benefits and costs of spread betting and trading CFDs on forex with IG

Forex spreads

Min. spread Av. spread2
EUR/USD 0.6 0.75
AUD/USD 0.6 0.75
USD/JPY 0.7 0.86
EUR/GBP 0.9 1.17
GBP/USD 0.9 1.34
EUR/JPY 1.5 1.96
USD/CHF 1.5 2.04

Spread betting costs

Spread betting is a tax-free,1 leveraged way to trade on forex. You also pay no commission or stamp duty, and you can go both long or short on a huge range of currency pairs

CFD 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.

MT4 costs

Get fast, reliable trading, with tighter spreads and advanced charting options, when you add MetaTrader 4 on your CFD or spread betting account.

Forex DMA costs

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

Av. spread3
EUR/USD 0.142
AUD/USD 0.329
IN_USDJPY 0.212
EUR/GBP 0.398
GBP/USD 0.639
EUR/JPY 0.480
IN_USDCHF 0.489

DMA costs

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

Compare accounts

Find out which account may be right for you:

Spread betting

CFDs

Share dealing

Markets Over 10,000, including indices, shares, forex and commodities Over 10,000, including indices, shares, forex and commodities Over 6000 international shares
Commission Free (charge is in the spread) Shares only, from 0.1% on UK shares (see more details) From £5 per deal
Overnight funding Yes Yes No
Tax free* profits Yes No Yes, within an IG ISA1
Traded in £ per point Contracts Units
Minimum trade size 50% of normal for first two weeks4 £1 per trade for first two weeks4 No minimum
Margin/leverage From 0.5% for forex, 5% for shares and 0.1% for indices From 0.5% for forex, 5% for shares and 0.1% for indices No
Platforms available All platforms except L2 All platforms Web platform, L2, mobile and tablet apps
Risk management  Full range of tools available Full range of tools available No
Demo account Yes Yes No

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Platforms and apps

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Our charges

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