Forex trading

As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex trading account and use our award-winning platforms to take advantage of movements in currency prices.
Android download iOS download

Why trade forex with us?

Get an edge with our award winning web-based platform and mobile apps1

Practise trading forex on a demo account, in an environment with reduced risk.

Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday (UK time).

Identify FX opportunities on clear, fast charts as standard, and deepen your analysis with ProRealTime.

Get peace of mind trading forex with the world's No.1 CFD provider.2

Open an account quickly and easily – you could be set up and trading forex today.

Ways to trade forex with us

CFD DMA (Forex Direct)*
Accessible to All clients All clients
Traded in Contracts Lots
Commission Commission-free for FX Variable commission
Platforms Web, mobile app and advanced platforms Web, mobile apps, L2 Dealer, terminals and APIs
Learn more Learn more

* It is important to note that while you are trading based on underlying market prices and depth, what you actually receive when placing a trade is a CFD from us.

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.

Learn more about forex trading

What are the benefits?

  • Go long or short
  • 24-hour trading
  • High liquidity
  • Constant opportunities
  • Trade on leverage
  • Wide range of FX pairs
Learn about further benefits

How do I trade forex?

  1. Decide how you’d like to trade forex
  2. Learn how the forex market works
  3. Open an famous worldwide trading CFD trading account
  4. Build a trading plan
  5. Choose your trading platform
  6. Open, monitor and close your first position
Learn more and see an example

Open an account now


  • Fast execution on a huge range of markets
  • Enjoy flexible access to more than 17,000 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
Android download iOS download

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.

Spot FX Retail margin Leverage equivalent
EUR/USD 0.5% 1:200
AUD/USD 0.5% 1:200
USD/JPY 0.5% 1:200
EUR/GBP 0.5% 1:200
GBP/USD 0.5% 1:200
EUR/JPY 0.5% 1:200
USD/CHF 1.50% 1:67

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 famous worldwide trading min. spread famous worldwide trading av. spread2 famous worldwide trading av. spread
(00:00 - 21:00)3		 DMA av. spread4
EUR/USD 0.6 1.13 0.86 0.165
AUD/USD 0.6 1.33 1.07 0.295
USD/JPY 0.7 1.26 0.96 0.242
EUR/GBP 0.9 2.51 1.83 0.540
GBP/USD 0.9 2.38 1.84 0.589
EUR/JPY 1.5 2.57 1.96 0.678
USD/CHF 1.5 2.29 1.95 0.399

Forex trading platforms

  • MetaTrader 5
  • Build forex trading algorithms to execute automatically, even if your machine is off.
  • Mobile apps
  • Trade forex on the move, so you need never miss an opportunity.

You might be interested in…