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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Options and turbo warrants are complex financial instruments. Trading these financial instruments involves the high risk of losing money rapidly.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Options and turbo warrants are complex financial instruments. Trading these financial instruments involves the high risk of losing money rapidly.

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Forex CFD trading product details

Spreads from 0.6 points on a popular range of currency pairs

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

Major

Major

For every pair we offer two forex contract sizes, a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Guaranteed stop premium [4]

Retail margin required [5]

Professional margin required [9]

Standard

Mini

EUR/CHF CHF10 CHF1 2 2.64 3.04 n/a 3.33% 1.35%
EUR/GBP £10 £1 0.9 1.40 1.89 2 3.33% 0.45%
EUR/JPY Y1000 Y100 1.5 1.97 2.43 1.5 3.33% 0.45%
EUR/USD $10 $1 0.6 0.85 1.04 1.2 3.33% 0.45%
GBP/EUR €10 €1 2 2.73 3.25 2 3.33% 0.45%
GBP/JPY Y1000 Y100 2.5 3.17 3.86 2 3.33% 0.45%
GBP/USD $10 $1 0.9 1.40 1.83 2 3.33% 0.45%
USD/CAD C$10 C$1 1.3 1.77 2.06 1.5 3.33% 0.45%
USD/CHF CHF10 CHF1 1.5 1.99 2.22 2 3.33% 1.35%
USD/JPY Y1000 Y100 0.7 0.94 1.18 1.5 3.33% 0.45%
CAD/CHF CHF10 CHF1 2.5 3.71 3.95 2 3.33% 1.35%
CAD/JPY Y1000 Y100 2 3.05 3.34 1.5 3.33% 0.45%
CHF/JPY Y1000 Y100 2 2.63 3.10 3 3.33% 1.35%
EUR/CAD C$10 C$1 2.5 3.58 4.12 3 3.33% 0.45%
GBP/CAD C$10 C$1 3 4.92 5.83 4 3.33% 0.45%
GBP/CHF CHF10 CHF1 3 4.20 4.84 4 3.33% 1.35%
Weekend GBP/USD $10 $1 6 N/A N/A N/A 3.33% 0.9%
Weekend USD/JPY Y1000 Y100 4 N/A N/A N/A 3.33% 0.45%
Weekend EUR/USD $10 $1 6 N/A N/A N/A 3.33% 0.45%

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.

Minor

Minor

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Guaranteed stop premium [4]

Retail margin required [5]

Professional margin required [9]

Standard

Mini

AUD/USD $10 $1 0.6 0.82 1.03 0.8 5% 0.45%
EUR/SGD SGD10 SGD1 2.5 3.76 4.95 4 5% 0.68%
EUR/ZAR ZAR10 ZAR1 150 211.48 232.81 100 5% 4.50%
GBP/SGD SGD10 SGD1 3 4.81 6.20 4 5% 0.68%
GBP/ZAR ZAR10 ZAR1 200 261.99 283.43 150 5% 4.50%
SGD/JPY Y1000 Y100 2 3.76 4.45 2 5% 0.9%
USD/SGD SGD10 SGD1 2 3.05 3.85 1 5% 0.68%
USD/ZAR ZAR10 ZAR1 90 123.53 136.67 200 5% 4.50%

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.

Australasian

Australasian

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Guaranteed stop premium [4]

Retail margin required [5]

Professional margin required [9]

Standard

Mini

AUD/CAD C$10 C$1 1.5 2.89 3.40 1 5% 0.45%
AUD/CHF CHF10 CHF1 2 3.00 3.40 2 5% 1.35%
AUD/EUR EUR10 EUR1 1.5 2.31 2.57 1.5 5% 0.45%
AUD/GBP £10 £1 1.5 2.42 2.71 2 5% 0.45%
AUD/JPY Y1000 Y100 1.3 1.79 2.17 1.5 5% 0.45%
AUD/NZD NZD10 NZD1 2.5 3.20 3.77 3 5% 0.68%
AUD/SGD SGD10 SGD1 2 3.79 4.52 4 5% 0.9%
EUR/AUD AUD10 AUD1 1.8 3.10 3.84 2 5% 0.45%
EUR/NZD NZD10 NZD1 3 4.16 4.94 4 5% 0.68%
GBP/AUD AUD10 AUD1 1.9 4.04 5.10 3 5% 0.45%
GBP/NZD NZD10 NZD1 5 6.16 7.25 5 5% 0.68%
NZD/AUD AUD10 AUD1 3.5 4.65 5.27 1 5% 0.68%
NZD/CHF CHF10 CHF1 4 4.19 4.35 3 5% 1.35%
NZD/EUR EUR10 EUR1 1.5 1.68 1.90 1.5 5% 0.68%
NZD/GBP £10 £1 2 2.35 2.64 2 5% 0.68%
NZD/JPY Y1000 Y100 2 2.53 2.83 1.5 5% 0.68%
NZD/USD $10 $1 1.8 2.05 2.23 1 5% 0.68%
NZD/CAD C$10 C$1 3.5 4.15 4.50 1 5% 0.68%

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.

Scandinavian

Scandinavian

We provide all the Nordic currencies of standard contracts ( one contract = 100,000 of the first currency ) and mini contract ( one contract = 10,000 of the first currency ) .

Currency pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Guaranteed stop premium [4]

Retail margin required [5]

Professional margin required [9]

Standard

Mini

CAD/NOK NOK10 NOK1 25 58.77 75.88 80 5% 0.9%
CHF/NOK NOK10 NOK1 40 54.39 84.76 60 5% 1.35%
EUR/DKK DKK10 DKK1 10 12.69 13.80 200 5% 4.5%
EUR/NOK NOK10 NOK1 25 48.77 75.72 40 5% 0.9%
EUR/SEK SEK10 SEK1 30 48.66 60.11 40 5% 0.9%
GBP/DKK DKK10 DKK1 30 43.91 49.40 50 5% 4.5%
GBP/NOK NOK10 NOK1 50 78.48 116.32 60 5% 0.68%
GBP/SEK SEK10 SEK1 40 76.00 88.35 100 5% 0.68%
NOK/SEK SEK10 SEK1 6 12.65 15.63 12 5% 0.9%
USD/DKK DKK10 DKK1 15 18.43 20.05 20 5% 4.5%
USD/NOK NOK10 NOK1 25 45.98 65.63 40 5% 0.9%
USD/SEK SEK10 SEK1 25 45.04 50.66 60 5% 0.9%

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.

Exotic

Exotic

For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).

Currency pair [1]

Value per point [2]

Minimum spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Guaranteed stop premium [4]

Retail margin required [5]

Professional margin required [9]

Standard

Mini

CHF/HUF HUF1000 HUF100 25 39.48 48.86 50 5% 1.8%
CHF/TRY TRY10 TRY1 25 292.22 315.92 100 7.5% 6.75%
EUR/CZK CZK100 CZK10 25 39.71 44.46 50 5% 4.5%
EUR/HUF HUF1000 HUF100 20 41.86 50.94 50 5% 1.8%
EUR/ILS ILS10 ILS1 40 71.23 76.95 80 5% 1.8%
EUR/MXN MXN10 MXN1 100 211.26 234.61 400 5% 2.25%
EUR/PLN PLN10 PLN1 25 43.71 50.37 60 5% 1.35%
EUR/TRY TRY10 TRY1 60 236.86 260.15 15 7.50% 6.75%
GBP/CZK CZK100 CZK10 30 45.84 52.53 50 5% 4.5%
GBP/HUF HUF1000 HUF100 25 52.38 64.21 50 5% 1.8%
GBP/ILS ILS10 ILS1 50 87.00 94.64 150

5%

1.8%
GBP/MXN MXN10 MXN1 130 377.73 393.74 500 5% 2.25%
GBP/PLN PLN10 PLN1 30 54.08 62.61 40 5% 1.35%
GBP/TRY TRY10 TRY1 70 251.40 277.85 20 7.50% 6.75%
MXN/JPY JPY1000 JPY100 0.6 0.80 0.84 1.5 5% 2.25%
NOK/JPY JPY1000 JPY100 0.8 1.50 1.80 1 5% 0.9%
PLN/JPY JPY1000 JPY100 2 3.03 3.47 3 5% 1.35%
SEK/JPY JPY1000 JPY100 0.6 1.30 1.43 1 5% 0.9%
TRY/JPY JPY1000 JPY100 8 7.87 8.10 8 7.50% 6.75%
USD/CZK CZK100 CZK10 25 33.07 36.08 50 5% 4.5%
USD/HUF HUF1000 HUF100 20 37.69 43.38 50 5% 1.8%
USD/ILS ILS10 ILS1 50 73.01 77.24 80 5% 1.8%
USD/MXN MXN10 MXN1 50 144.99 153.50 350 5% 2.25%
USD/PLN PLN10 PLN1 25 39.88 43.04 40 5% 1.35%
USD/TRY TRY10 TRY1 50 106.47 119.53 10 7.50% 6.75%

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.

Emerging

Emerging

Emerging markets pairs are either quoted based on the spot market (Spot FX) or one-month non-deliverable forward prices (EMFX). For every pair we offer both a full contract and a mini contract. Spot FX contracts are priced in the pair's second named currency, but EMFX contracts are only priced in US dollars, Japanese yen or sterling.

Currency pair [1]

Value per point[2]

Minimum Spread

Average spread
(00:00-21:00)** [3]

Average spread* [3]

Margin required [5]

Professional margin required [9]

Dealing hours

Standard

Mini

AUD/CNH CNH10 CNH1 20 31.30 35.58 5% 2.25% 24 hours
CAD/CNH CNH10 CNH1 15 21.84 26.43 5% 2.25% 24 hours
CNH/JPY ¥1000 ¥100 0.8 1.37 1.52 5% 2.25% 24 hours
EUR/CNH CNH10 CNH1 30 36.70 42.11 5% 2.25% 24 hours
EUR/RUB RUB10 RUB1 1200 1816.86 1816.86 5% 4.5% 07.00-17.00
GBP/CNH CNH10 CNH1 35 46.73 54.90 5% 2.25% 24 hours
NZD/CNH CNH10 CNH1 15 19.39 24.04 5% 2.25% 24 hours
RUB/JPY ¥1000 ¥100 2.5 1.10 1.10 5% 4.5% 07.00-17.00
USD/CNH CNH10 CNH1 10 14.62 18.11 5% 2.25% 24 hours
USD/HKD HKD10 HKD1 5 6.39 6.70 5% 4.5% 24 hours
USD/THB THB10 THB1 1 1.30 1.52 5% 4.5% 24 hours
USD/RUB RUB10 RUB1 1000 1434.57 1434.57 5% 4.5% 07.00-17.00
EMFX BRL/JPY ¥1000 ¥100 5 5.32 5.41 5% 4.5% 13.05-22.00
EMFX GBP/INR £10 £1 35 23.39 23.39 5% 4.5% 01.30-21.00
EMFX INR/JPY ¥1000 ¥100 1.3 N/A N/A 5% 4.5% 01.30-21.00
USD/BRL $10 $1 50 63.66 67.24 5% 4.5% 13.05-22.00
USD/IDR $10 $1 80 20.95 20.95 5% 4.5% 04.30-21.00
USD/INR $10 $1 20 17.21 17.21 5% 4.5% 01.30-21.00
USD/KRW $10 $1 100 144.30 144.30 5% 4.5% 01.00-21.00
USD/MYR $10 $1 100 N/A N/A 5% 4.5% 01.30-21.00
USD/PHP $10 $1 15 5.37 5.37 5% 4.5% 01.30-21.00
USD/TWD $10 $1 80 24.06 24.06 5% 4.5% 01.30-21.00

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.
** Average 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 spread bet, CFD and MT4 details.BRL - Brazilian real

CNH - Chinese renminbi (yuan) – offshore
IDR - Indonesian rupiah
INR - Indian rupee
KRW - South Korean won
MYR - Malaysian ringgit
PHP - Philippine peso
RUB - Russian rouble
TWD - Taiwan dollar

Notes to tables

Our foreign exchange transactions are a special form of cash-settled CFD 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 21.00 (London time) on Sunday until 22.00 (London time) on Friday, with the exception of emerging-market pairs, which operate on different schedules. All dealing times listed are London times. Please note that Daylight Savings Time in the UK or the country of origin may cause the times shown to be imprecise.

2. The minimum transaction size is one contract. Transactions above this minimum size, can be in fractions of a contract.

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. For guaranteed stop transactions a guaranteed stop premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.

5. Margin requirements represent a percentage of the overall position value. You can find the tiered margins from the Get Info dropdown section within each market in our trading platform. Please note that higher margins may be required for large positions. Please see our tiered margining page for more details.

6. Professional clients are exempt from regulatory limits on leverage in place for retail clients, and are able to trade on lower margins as a result. You can find out more, and check your eligibility, on our professional trading page.

7. When you trade in a currency other than your default currency, your profit or loss will be realised in that currency. As standard practice, we will then immediately convert this back to your default currency. You can change this at any time via the trading platform.

8. For foreign exchange transactions (excluding bitcoin), 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% per 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).

Note: For any position opened before 22.00 Wednesday that is still open after 22.00 Wednesday, the daily interest credit or debit will be made for three days as opposed to one. This three-day adjustment covers settlement of trades over the weekend period. This will not always apply to emerging-market pairs. Emerging pairs are priced using one-month pricing, so the funding charge for these will depend on the three-day adjustment that is made in the underlying market.

9. On FX markets where a commission is charged we will not charge additional commission unless we notify you in writing.

10. Bitcoin funding will be 0.0438% daily for short positions and 0.0274% for long positions.

Find out more about our charges and fees

* Average spread (Monday 00:00 - Friday 22:00 GMT) for the twelve weeks ending 31 May 2019. For our minimum spreads, please see our forex spread bet, CFD and MT4 details.