Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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.
Trade forex on weekends
Speculate with the only UK provider to offer weekend trading1 on GBP/USD. We also offer EUR/USD and USD/JPY
Get tax-free profits
Spread betting on FX is completely tax free2
Trade over 80 currency pairs
Take a position whenever suits you - 24 hours a day, five days a week
Minimum size 0.50
Contract size N/A 1,000
One Pip means 0.01
Value of one Pip USD 10 (GBP 7.98)
Margin 5%
Minimum stop distance 240
Minimum guaranteed stop distance 20.0%
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 0.5 Contracts - USD | 5% |
| 2 | 0.5 - 1.25 Contracts - USD | 5% |
| 3 | 1.25 - 3.75 Contracts - USD | 10% |
| 4 | 3.75 + Contracts - USD | 25% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Pricing for this pair is based on 1 month forward quotes for the underlying instruments
* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.
* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
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Find out more about why you should trade forex with IG, the UK’s No.1 retail provider.3
Discover why so many clients choose us, and what makes us the world's No.1 provider of spread betting and CFDs.4
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1 Trading is available around the clock, apart from 10pm Friday to 8am Saturday and 20 mins just before the weekday market opens on Sunday night.
2Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
3 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released July 2024).
4 Based on revenue (published financial statements, 2023)
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