Forex trading
Harness volatility in the world’s most-traded financial market with Singapore's No. 1 CFD/FX broker.1
Why trade CFDs on forex with IG?
Get an edge with Singapore’s best web-based platform and award-winning mobile apps2
Reduce risk and protect your profits with stops and limits – including guaranteed stops for watertight protection3
Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday
Identify CFDs on FX opportunities on clear, fast charts and deepen your analysis with ProRealTime
Get a peace of mind trading CFDs on forex online with a provider that’s authorised and regulated by the Monetary Authority of Singapore (MAS)
Open a free CFDs on forex trading account quickly and easily – you could be trading forex in minutes
Ways to trade CFDs on forex with IG
| CFD | DMA (Forex Direct) | |
| Accessible to | All clients | All clients |
| Traded in | Contracts | Lots |
| Commission | Commission-free* for FX | Variable commission |
| Platforms | Web, mobile apps, MT4, ProRealTime, L2 Dealer, terminals and APIs | Web, mobiles apps, L2 Dealer, terminals and APIs |
| Demo account | Yes | No |
| Learn more | Learn more |
* Other fees or charges may apply. Click here for more information on overnight funding fees.
What is 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.
Why forex?
- Go long or short
- 24-hour trading
- High liquidity
- Constant opportunities
- Trade on leverage
- Wide range of CFD FX pairs
How do I trade CFDs on forex?
- Decide how you’d like to trade CFDs on forex
- Learn how the forex market works
- Open a CFD forex trading account
- Build a trading plan
- Choose your CFD forex trading platform
- Open, monitor and close your first position
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 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 45 years of experience, we’re proud to offer a truly market-leading service
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 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 45 years of experience, we’re proud to offer a truly market-leading service
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Start trading now
Log in to your account now to access today’s opportunity in a huge range of markets.
How much does CFDs on FX 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 CFDs on 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 | Accredited investor margin What is this? |
Leverage equivalent |
| ZAR/JPY | 10% | 1:10 | 10% | 1:10 |
| EUR/USD | 5% | 1:20 | 2% | 1:50 |
| AUD/USD | 5% | 1:20 | 2% | 1:50 |
| USD/JPY | 5% | 1:20 | 2% | 1:50 |
| EUR/GBP | 5% | 1:20 | 2% | 1:50 |
| GBP/USD | 5% | 1:20 | 2% | 1:50 |
| EUR/JPY | 5% | 1:20 | 2% | 1:50 |
| USD/CHF | 5% | 1:20 | 2% | 1:50 |
| Spot FX | IG min. spread | IG av. spread4 | IG av. spread (00:00 - 21:00)5 |
| ZAR/JPY | 2.0 | 2.13 | 2.05 |
| EUR/USD | 0.6 | 1.04 | 0.75 |
| AUD/USD | 0.6 | 1.03 | 0.74 |
| USD/JPY | 0.7 | 1.18 | 0.83 |
| EUR/GBP | 0.9 | 1.89 | 1.19 |
| GBP/USD | 0.9 | 1.83 | 1.19 |
| EUR/JPY | 1.5 | 2.43 | 1.76 |
| USD/CHF | 1.5 | 2.22 | 1.91 |
.png/jcr:content/renditions/original-size.webp)
3t’s free, quick and simple to create an account with us. Open one today, and you’ll get access to over 13,000 financial markets.
When you're ready, you choose your deal size. What's more, you'll get reduced minimum deal sizes for your first two weeks, while you master the markets.
More trading, more cash rebates
Trading gets better with IG. Get rewarded monthly with cash rebates straight into your trading account when you trade up to eligible volumes.
Discover your next opportunity
Search our huge range of CFD forex pairs.
Live CFD FX prices
Prices above are subject to our website terms and conditions. Prices are indicative only.
Choose your currency trading platform
Manage opportunity at your desk or on the go with Singapore's best web trading platform and mobile trading app.2
Build forex trading algorithms to execute automatically, even if your machine is off.
Discover a clear, smart way to trade forex that’s intuitive and requires no downloads.
Trade forex on the move, so you need never miss an opportunity.
Find out more about our platforms
Award-winning forex and service provider6
Get the latest forex news
-
Where are Asian indices headed with US tariffs: Hang Seng Index, Straits Times Index, Nikkei 225
2025-03-25T06:29:52+0000
Try these next
Trade CFDs on bitcoin without needing to own the cryptocurrency or open an exchange account
Mitigate against CFD forex trading risk with our range of stop and limit orders, and keep an eye on CFD forex prices with customisable alerts
See how we've been changing the face of trading for more than 40 years
1 By total number of client relationships. Investment Trends 2022 and 2023 Singapore Leverage Trading Report.
2 Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022. Winner of FX Markets Asia FX Awards 2021 - Best Retail FX Platform. Winner for Best Trading App based on the Investors Chronicle and Financial Times Investment and Wealth Management Awards 2018, and the Professional Trader Awards 2019.
3You’ll pay a small premium only if your guaranteed stop is triggered.
4Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 8th January 2021. For our minimum spreads, please see our forex product details.
5Average spread (between 00:00-21:00 GMT Monday to Friday) for the 12 weeks ending 29th May 2020. For our minimum spreads, please see our forex product details.
6Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Winner for Education Materials / Programmes based on the Investment Trends 2021 Singapore Leverage Trading Report. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022. Winner of FX Markets Asia FX Awards 2021 - Best Retail FX Platform. Awarded the best forex provider in Singapore by the Global Brands Magazine in 2023 and 2024. Awarded Best Forex Trading Support - Asia by Global Forex Awards 2021 – Retail. Winner for Best Trading App based on the Investors Chronicle and Financial Times Investment and Wealth Management Awards 2018, and the Professional Trader Awards 2019.
Contact
New clients
+65 6390 5133
accountopening@ig.com.sg
Existing clients
+65 6390 5118
helpdesk@ig.com.sg
Lines open 24 hours
Monday - Friday
Start a Whatsapp chat
Connect with us
Disclaimers:
- All forms of investments carry risks and trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits, so please ensure that you fully understand, and are aware of, the risks and costs involved. Refer to the Risk Disclosure Statement and Risk Fact Sheet.
- IG Asia Pte Ltd (Co.Reg.No. 200510021K) is regulated by the Monetary Authority of Singapore and holds a capital markets services licence for dealing in capital markets products that are over-the-counter derivatives contracts and is an exempt financial adviser.
- IG provides an execution-only service. The information in this advertisement does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
- The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- This advertisement has not been reviewed by the Monetary Authority of Singapore.
