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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. 74% 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 MT4 product details
Spreads from 0.6 pips on a popular range of currency pairs
Our forex spreads change depending on underlying market volatility. As such, we have the following:
- Minimum spread – our tightest possible spread, quoted when the underlying market narrows
- Standard spread – our standard, in-house dealing spread
- Average spread – the average spread over a given period of time
Major
Major pairs
Currency Pair [1] |
Value per point [2] |
Minimum spread |
Average Spread |
Average Spread* [3] |
Retail minimum requirement [4] |
Professional minimum requirement [8] |
|---|---|---|---|---|---|---|
EUR/CHF |
CHF10 | 2 | 2.64 | 3.04 | 3.33% | 1.35% |
EUR/GBP |
£10 | 0.9 | 1.40 | 1.89 | 3.33% | 0.45% |
EUR/JPY |
Y1000 | 1.5 | 1.97 | 2.43 | 3.33% | 0.45% |
EUR/USD |
$10 | 0.6 | 0.85 | 1.04 | 3.33% | 0.45% |
GBP/JPY |
Y1000 | 2.5 | 3.17 | 3.86 | 3.33% | 0.45% |
GBP/USD |
$10 | 0.9 | 1.40 | 1.83 | 3.33% | 0.45% |
USD/CAD |
C$10 | 1.3 | 1.77 | 2.06 | 3.33% | 0.45% |
USD/CHF |
CHF10 | 1.5 | 1.99 | 2.22 | 3.33% | 1.35% |
USD/JPY |
Y1000 | 0.7 | 0.94 | 1.18 | 3.33% | 0.45% |
CAD/CHF |
CHF10 | 2.5 | 3.71 | 3.95 | 3.33% | 1.35% |
CAD/JPY |
Y1000 | 2 | 3.05 | 3.34 | 3.33% | 0.45% |
CHF/JPY |
Y1000 | 2 | 2.63 | 3.10 | 3.33% | 1.35% |
EUR/CAD |
C$10 | 2.5 | 3.58 | 4.13 | 3.33% | 0.45% |
GBP/CAD |
C$10 | 3 | 4.92 | 5.83 | 3.33% | 0.45% |
GBP/CHF |
CHF10 | 3 | 4.20 | 4.83 | 3.33% | 1.35% |
* 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 pairs
Currency Pair [1] |
Value per point [2] |
Minimum spread |
Average spread |
Average spread* [3] |
Retail minimum requirement [4] |
Professional minimum requirement [8] |
|---|---|---|---|---|---|---|
AUD/USD |
$10 | 0.6 | 0.82 | 1.03 | 5% | 0.45% |
EUR/SGD |
SGD10 | 4 | 6.19 | 7.17 | 5% | 0.68% |
EUR/ZAR |
ZAR10 | 150 | 211.48 | 232.81 | 5% | 4.50% |
GBP/SGD |
SGD10 | 5 | 9.20 | 10.43 | 5% | 0.68% |
GBP/ZAR |
ZAR10 | 200 | 261.99 | 283.43 | 5% | 4.50% |
SGD/JPY |
Y1000 | 4 | 5.10 | 5.51 | 5% | 0.9% |
USD/SGD |
SGD10 | 3 | 4.70 | 5.27 | 5% | 0.68% |
USD/ZAR |
ZAR10 | 90 | 123.53 | 136.67 | 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 pairs
Currency Pair [1] |
Value per point [2] |
Minimum spread |
Average spread |
Average spread* [3] |
Retail minimum requirement [4] |
Professional minimum requirement [8] |
|---|---|---|---|---|---|---|
AUD/CAD |
C$10 | 1.5 | 2.89 | 3.40 | 5% | 0.45% |
AUD/CHF |
CHF10 | 2 | 3.00 | 3.40 | 5% | 1.35% |
AUD/JPY |
Y1000 | 1.3 | 1.79 | 2.17 | 5% | 0.45% |
AUD/NZD |
NZD10 | 2.5 | 3.20 | 3.77 | 5% | 0.68% |
AUD/SGD |
SGD10 | 3 | 5.03 | 5.72 | 5% | 0.9% |
EUR/AUD |
AUD10 | 1.8 | 3.10 | 3.84 | 5% | 0.45% |
EUR/NZD |
NZD10 | 3 | 4.16 | 4.94 | 5% | 0.68% |
GBP/AUD |
AUD10 | 1.9 | 4.04 | 5.10 | 5% | 0.45% |
GBP/NZD |
NZD10 | 5 | 6.16 | 7.25 | 5% | 0.68% |
NZD/AUD |
AUD1 | 3.5 | 4.65 | 5.27 | 5% | 0.68% |
NZD/CHF |
CHF10 | 4 | 4.19 | 4.35 | 5% | 1.35% |
NZD/JPY |
Y1000 | 2 | 2.53 | 2.83 | 5% | 0.68% |
NZD/USD |
$10 | 1.8 | 2.05 | 2.23 | 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
Exotics
Exotic pairs
Currency Pair [1] |
Value per point [2] |
Minimum spread |
Average spread |
Average spread* [3] |
Retail minimum requirement [4] |
Professional minimum requirement [8] |
|---|---|---|---|---|---|---|
| CHF/HUF | HUF1000 | 25 | 39.48 | 48.86 | 5% | 1.8% |
| EUR/HUF | HUF1000 | 20 | 41.86 | 50.94 | 5% | 1.8% |
| EUR/MXN | MXN10 | 100 | 211.26 | 234.61 | 5% | 2.25% |
| EUR/PLN | PLN10 | 25 | 43.71 | 50.37 | 5% | 1.35% |
| GBP/HUF | HUF1000 | 25 | 52.38 | 64.21 | 5% | 1.8% |
| GBP/MXN | MXN10 | 130 | 377.73 | 393.74 | 5% | 2.25% |
| GBP/PLN | PLN10 | 30 | 54.08 | 62.61 | 5% | 1.35% |
| USD/HUF | HUF1000 | 20 | 37.69 | 43.38 | 5% | 1.8% |
| USD/MXN | MXN10 | 50 | 144.99 | 153.50 | 5% | 2.25% |
| USD/PLN | PLN10 | 25 | 39.88 | 43.04 | 5% | 1.35% |
* 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 pairs
Currency Pair [1] |
Value per point [2] |
Minimum spread |
Average spread |
Average spread* [3] |
Retail minimum requirement [4] |
Professional minimum requirement [8] |
|---|---|---|---|---|---|---|
| CAD/NOK | NOK10 | 25 | 58.77 | 75.88 | 5% | 0.9% |
| CHF/NOK | NOK10 | 40 | 54.39 | 84.76 | 5% | 1.35% |
| EUR/NOK | NOK10 | 25 | 48.77 | 75.72 | 5% | 0.68% |
| EUR/SEK | SEK10 | 30 | 48.66 | 60.11 | 5% | 0.68% |
| GBP/NOK | NOK10 | 50 | 78.48 | 116.32 | 5% | 0.68% |
| GBP/SEK | SEK10 | 40 | 76.00 | 88.35 | 5% | 0.68% |
| NOK/SEK | SEK10 | 6 | 12.65 | 15.63 | 5% | 0.9% |
| USD/DKK | DKK10 | 15 | 18.43 | 20.05 | 5% | 4.5% |
| USD/NOK | NOK10 | 25 | 45.98 | 65.63 | 5% | 0.68% |
| USD/SEK | SEK10 | 25 | 45.04 | 50.66 | 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
Notes to tables
Foreign exchange CFDs and spread bets 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 22.00 (London time) on Friday. All dealing times listed are London times.
2. The minimum transaction size is 0.1 contracts. For every pair, one contract = 100,000 of the first-named currency.
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. As standard practice, we will then immediately convert this back to your default 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.
8. You will not be charged any additional commission unless notified in writing.
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.
