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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.

What are IG's forex MT4 product details?

Our forex spreads are variable depending on underlying market prices. In most conditions we can usually offer our minimum spread, but when market prices go wider, our spread will increase. Market prices can get wider at illiquid times of day, or when major news or economic data is released.

In the tables below you will find our minimum spreads and our average spread for a given period:

  • Minimum spread – our tightest possible spread
  • Average spread – the average spread over a given period of time

Download all margin for forex here:

FX Margin Tiers (Retail) (961KB)

FX Margin Tiers (Professional) (965KB)

  • Major
  • Minor
  • Australasian
  • Exotic
  • Scandinavian
  • Notes to tables

Major pairs

Currency Pair [1]

Value per pip [2]

Minimum Spread

Average Spread
(00:00-21:00) *,[3]

Average Spread **,[3]

Margin Required [4]

Professional clients Retail clients
CAD/CHF

CHF10

2.5

3.63

3.88

1.35%

3.33%

CAD/JPY

Y1000

2

2.91

3.22

0.45%

3.33%

CHF/JPY

Y1000

2

2.46

2.99

1.35%

3.33%

AUD/USD

$10

0.6

0.82

1.03

0.45%

3.33%

EUR/CHF

CHF10

2

2.64

3.04

1.35%

3.33%

EUR/GBP

£10

0.9

1.40

1.89

0.45%

3.33%

EUR/JPY

Y1000

1.5

1.97

2.43

0.45%

3.33%

EUR/USD

$10

0.6

0.85

1.04

0.45%

3.33%

EUR/CAD

CAD10

2.5

3.43

4.01

0.45%

3.33%

GBP/CAD

CAD10

3

4.51

5.42

0.45%

3.33%

GBP/CHF

CHF10

3

3.82

4.47

1.35%

3.33%

GBP/JPY

Y1000

2.5

3.17

3.86

0.45%

3.33%

GBP/USD

$10

0.9

1.40

1.83

0.45%

3.33%

USD/CAD

C$10

1.3

1.77

2.06

0.45%

3.33%

USD/CHF

CHF10

1.5

1.99

2.22

1.35%

3.33%

USD/JPY

Y1000

0.7

0.94

1.18

0.45%

3.33%

* Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021.
** Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021.

Minor pairs

Currency Pair [1]

Value per pip [2]

Minimum Spread

Average Spread
(00:00-21:00) *,[3]

Average Spread **,[3]

Margin Required [4]

Professional clients Retail clients

EUR/SGD

SGD10

4

6.19

7.17

0.68%

5%

GBP/SGD

SGD10

5

8.47

9.90

0.68%

5%

SGD/JPY

Y1000

4

5.10

5.51

0.90%

5%

USD/SGD

SGD10

3

4.70

5.27

0.68%

5%

* Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021.
** Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021.

Australasian pairs

Currency Pair [1]

Value per pip [2]

Minimum Spread

Average Spread
(00:00-21:00) *,[3]

Average Spread **,[3]

Margin Required [4]

Professional clients Retail clients
AUD/CAD

CAD10

1.5

2.89

3.40

0.45%

3.33%

AUD/CHF

CHF10

2

3.00

3.40

1.35%

3.33%

AUD/JPY

Y1000

1.3

1.79

2.17

0.45%

3.33%

AUD/NZD

NZD10

2.5

3.20

3.77

0.68%

3.33%

AUD/SGD

SGD10

3

5.03

5.72

0.90%

5%

EUR/AUD

AUD10

1.8

3.10

3.84

0.90%

3.33%

EUR/NZD

NZD10

3

4.16

4.94

0.68%

3.33%

GBP/AUD

AUD10

1.9

4.04

5.10

0.45%

3.33%

GBP/NZD

NZD10

5

6.16

7.25

0.68%

3.33%

NZD/CHF

CHF10

4

4.19

4.35

1.35%

3.33%

NZD/JPY

Y1000

2

2.53

2.89

0.68%

3.33%

NZD/USD

$10

1.8

2.05

2.23

0.68%

3.33%

* Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021.
** Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021.

Exotic pairs

Currency Pair [1]

Value per pip [2]

Minimum Spread

Average Spread (00:00-21:00) **,[3]

Average Spread *,[3]

Margin Required [4]

Professional clients Retail clients
CHF/HUF

HUF1000

25

39.48

48.86

1.80%

5%

EUR/HUF

HUF1000

20

41.86

50.94

1.80%

5%

EUR/MXN

MXN10

100

211.26

234.61

2.25%

5%

EUR/PLN

PLN10

25

43.71

50.37

1.35%

5%

GBP/HUF

HUF1000

25

52.38

64.21

1.80%

5%

GBP/MXN

MXN10

130

377.73

393.74

2.25%

5%

GBP/PLN

PLN10

30

54.08

62.61

1.35%

5%

USD/HUF

HUF1000

20

37.69

43.38

1.80%

5%

USD/MXN

MXN10

50

144.99

153.50

2.25%

5%

USD/PLN

PLN10

25

39.88

43.04

1.35%

5%

* Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021.
** Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021.

Scandinavian pairs

Currency Pair [1]

Value per pip [2]

Minimum Spread

Average Spread
(00:00-21:00) *,[3]

Average Spread **,[3]

Margin Required [4]

Professional clients Retail clients
CAD/NOK

NOK10

25

58.77

75.88

0.90%

5%

CHF/NOK

NOK10

40

54.39

84.76

1.35%

5%

EUR/NOK

NOK10

25

48.77

75.72

0.68%

5%

EUR/SEK

SEK10

30

48.66

60.11

0.68%

5%

GBP/NOK

NOK10

50

78.48

116.32

0.68%

5%

GBP/SEK

SEK10

40

76.00

88.35

0.68%

5%

NOK/SEK

SEK10

6

12.65

15.63

0.90%

5%

USD/NOK

NOK10

25

45.98

65.63

0.68%

5%

USD/SEK

SEK10

25

45.04

50.66

0.68%

5%

* Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 8th January 2021.
** Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021.

Foreign exchange CFDs are a form of cash-settled trades that provide exposure to changes in exchange rates, but cannot result in the delivery of the underlying currencies.

1. Normal dealing hours for all pairs are from 22.00 (London time) on Sunday until 21.59 (London time) on Friday. All dealing times listed are London times.

2. The minimum transaction size is 0.1 contracts.

3. Spreads are subject to variation, especially in volatile market conditions. Our quotations are derived from quotes in the underlying market available to us from the banks and liquidity providers with which we trade. We monitor the liquidity available in the underlying market, offering our minimum spread when the market spread is particularly small. In most other conditions, our typical spread applies. If spreads move wider in the underlying market, we may match this. We do not apply any weighting or biases to our pricing sources.

4. Margin requirements represent a percentage of the overall position value.

5. When you trade in a currency other than your default currency, your profit or loss will be realised in that currency. Our standard convert-on-close charge is 0.5%.

6. For foreign exchange transactions, adjustments are made to calculate the cost of funding a position, and these are posted to your account daily. The adjustments are calculated as follows:

A = V x R

Where:

A = the funding cost
V = the number of contracts x contract size
R = the current tom-next rate, including the IG charge for holding positions overnight which is no more than 0.0022% a day.

If the tom-next rate is less than zero, you will be debited for running a short position and credited for running a long position. If the tom-next rate is greater than zero, you will be credited for running a short position and debited for running a long position.

The funding charge is calculated for any position opened before 22.00 that is still open after 22.00 (London time).

7. You will not be charged any additional commission unless notified in writing.


How to download MetaTrader 4

New to IG

To start trading with Metatrader 4, first you’ll need to create an IG account. Once you have an IG account set up, you will be able to set up MT4 in the client area.

Already an IG client?

Simply log in to My IG and go to the ‘live accounts’ tab.
You’ll find MT4 for CFDs by clicking ‘add another account.’

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