Forex
Improved prices, instant execution and major forex pair
spreads from just 0.8 pips
Technology Because forex dealing is about more than tight spreads
- Instant execution: 99.47% of deals executed in 0.1 seconds
- No requotes: We only execute at the price you see, or better1
- Price Improvement: We pass on better prices where possible
- Smart pricing: We source prices from multiple venues for greater liquidity
Execution figures relate to all IG Index and IG Markets companies, January – March 2012.
Range Over 60 forex pairs, spreads from 0.8 pips
Popular currency pairs
- Currency pair
- EUR/USD
- GBP/USD
- AUD/USD
- USD/JPY
- EUR/GBP
- Spreads from
- 0.8
- 1
- 0.8
- 0.8
- 1
Other providers may offer low spreads but then execute your order at a worse level than originally quoted. We only execute orders at the price you see, or better.1
Transparent pricing
Only pay low
spreads and deposits
- Forex spreads, from just 0.8 pips
- Tiered deposits
No hidden fees
- No commission
- No tax on profits
- No platform fee
- No online statement fees
- No margin call fees
- No audit fees for disputes
Some extra services may
require additional fees
- Controlled Risk bet
- Currency conversion
- Overnight funding fees
- Exchange data
- Paper statements
Tax law may differ in a jurisdiction other than the UK, depends on individual circumstances and may be subject to change.
Platform features Tools for effective, efficient forex dealing
- Forex charts
- Analyse real-time forex data using pattern-recognition software.
- Deal forex on the move
- Our wide range of apps enables you to deal forex on the go.
- Insight
- Get an aggregated view of IG client sentiment through our Insight platform.
News Stay up to date with forex
12 September – Sterling advances following UK jobless data
The pound reached a four-month high against the US dollar today, aided by some welcome positive news on the UK unemployment situation.
The recent trend of better UK data seems to be continuing. The UK unemployment claimant count dropped by 15,000 during the course of August, having been expected to remain unchanged for the month. Although the July ILO unemployment rate edged up from 8% to 8.1%, traders bought the British currency, helped by the German court decision that boosted the euro and stock indices. UK PMI data has been stronger of late, suggesting that the British economy might be clawing its way out of the current recession.
Looking ahead, the key determinant now will be the Fed meeting tomorrow, when Ben Bernanke and his assortment of policymakers get their first chance to mull over the state of the US economy. A move towards further stimulus will take some strength out of the US dollar, which would see GBP/USD rise.
Keep up-to-date with the latest forex rates on our Forex Focus page, where you can also follow our forex Twitter updates.
IG Index provides an execution-only service. The material above does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Index accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of the above information. Consequently any person acting on it does so entirely at his or her own risk. The research does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. This communication must not be reproduced or further distributed.
1Excluding non-guaranteed stop orders.