Skip to content

CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. 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 financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Online forex trading

Open an online forex trading account and harness volatility in the world’s most-traded financial market with the UAE’s No.1 retail FX provider.1

Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Why trade forex with IG?

Give your forex trading an edge with our award-winning platforms2

Negative balance protection ensures that your
account never stays below zero3

Get friendly, expert support 24 hours a day except for Saturday from 2am to 12noon (Dubai time)

Identify FX opportunities on clear, fast charts and deepen your analysis with ProRealTime

Get peace of mind trading forex online with a provider that’s authorised and regulated by the DFSA

Open a free forex trading account easily – you could be trading forex in the next 24 hours

Ways to trade forex with IG

CFD DMA (Forex Direct)
Main benefits Go long and short on the markets Increased market transparency and order control
Accessible to All clients Professional clients only4
Traded in Contracts Lots
Commission Commission-free for FX Variable commission
Platforms Web, mobile app and advanced platforms L2 dealer, mobile app, terminals and APIs
Learn more about CFD trading Learn more about DMA

What is online forex trading?

Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making a profit.

Forex is the world’s most-traded financial market, with transactions worth trillions of dollars taking place every day.

What are the benefits?

  • Go long or short
  • 24-hour trading
  • High liquidity
  • Constant opportunities
  • Trade on leverage
  • Wide range of FX pairs

How do I trade forex online?

  1. Decide how you’d like to trade forex
  2. Learn how the forex market works
  3. Open a forex trading account
  4. Build a trading plan
  5. Choose your forex trading platform
  6. Open, monitor and close your first position

Open an account now

Demo accounts are only available for CFD trading.

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app*

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.

Demo accounts are only available for CFD trading.

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app*

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

How much does forex trading cost?

Margins

When you trade CFDs you do so with leverage – meaning you can win, or lose, a significant amount more than your initial deposit – called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.

Spreads

Your key payment for trading forex is the spread – the difference between the buy and the sell price – our charge for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX Retail margin Leverage equivalent Professional margin Leverage equivalent
EUR/USD 3.33% 1:30 0.45% 1:222
AUD/USD 3.33% 1:30 0.45% 1:222
USD/JPY 3.33% 1:30 0.45% 1:222
EUR/GBP 3.33% 1:30 0.45% 1:222
GBP/USD 3.33% 1:30 0.45% 1:222
EUR/JPY 3.33% 1:30 0.45% 1:222
USD/CHF 3.33% 1:30 1.35% 1:74

Spot FX IG min. spread IG av. spread5 IG av. spread
(00:00-21:00)6
EUR/USD 0.6 1.04 0.85
AUD/USD 0.6 1.03 0.82
USD/JPY 0.7 1.18 0.94
EUR/GBP 0.9 1.89 1.40
GBP/USD 0.9 1.83 1.40
EUR/JPY 1.5 2.43 1.97
USD/CHF 1.5 3.04 2.64

Depending on your position, you may need to pay overnight funding.

It’s free and simple to create an account with us. Open one today, and you’ll get access to over 17,000 financial markets.

When you’re ready, you choose your deal size. What’s more, you’ll get lower minimums for 14 days while you master the markets.

Discover our forex markets

Search our huge range of forex pairs.

Live FX prices

These prices are indicative only, and subject to our website terms and conditions.

Choose your currency trading platform

Seize opportunity at your desk or on the go with the UK’s best web trading platform and mobile trading app.2

Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.

Build forex trading algorithms to execute automatically, even if your machine is off.

Get increased control over your forex CFD trades with our DMA platform.

Trade forex on the move, so you need never miss an opportunity.

Award-winning forex provider

Choose the world's No. 1 CFD provider

Why open a trading account with anyone but the best CFD provider? More traders around the world choose to trade CFDs with us than anyone else, making us the world’s No1.1

Choose the world's No. 1 CFD provider

Why open a trading account with anyone but the best CFD provider? More traders around the world choose to trade CFDs with us than anyone else, making us the world’s No1.1

Choose the world's No. 1 CFD provider

Why open a trading account with anyone but the best CFD provider? More traders around the world choose to trade CFDs with us than anyone else, making us the world’s No1.1

Choose the world's No. 1 CFD provider

Why open a trading account with anyone but the best CFD provider? More traders around the world choose to trade CFDs with us than anyone else, making us the world’s No1.1

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Try these next

Trade bitcoin without needing to own the cryptocurrency or open an exchange account

Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customisable alerts

See how we've been changing the face of trading for more than 45 years

*Best trading app as awarded at the ADVFN International Financial Awards 2021.
1For forex, by number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released June 2021)
2Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
3Negative balance protection applies to trading-related debt only, and is not available to professional traders.
4The advertised offering is only available to individual clients capable of obtaining ‘professional’ status. This requires experience of trading relevant products on your own account above a certain size, experience of working within the financial sector for at least two years in a relevant position and/or a personal investment portfolio worth at least $1million.
5Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex CFD details.
6Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex CFD details.