Major, minor and exotic currency pairs, open 24 hours a day, five days a week.
Market open Monday to Friday
Minors and exotics also available
Spreads from, on the VIP account
Maximum leverage*
Forex is the exchange of one currency for another. You trade in pairs, such as EUR/USD, and you profit or lose as the exchange rate moves. It is the largest and most liquid financial market in the world.
Forex is priced in pips. The spread is the gap between the buy and sell price. Pro and VIP accounts add a small commission in return for tighter spreads. Positions held overnight may incur a financing charge or credit.
| Standard | Pro | VIP | |
|---|---|---|---|
| Spreads from | 1.2 pips | 0.6 pips | 0.0 pips |
| Commission | None | $3 / lot | $2 / lot |
| Minimum deposit | $250 | $1,000 | $10,000 |
Spreads and commissions are examples and vary by instrument. See each account page for the full terms.
A pip is the standard unit for measuring price movement in a currency pair. For most pairs it is the fourth decimal place, 0.0001. Read the guide.
From Monday to Friday, in a continuous cycle through the Asian, London and New York sessions. See trading sessions explained.
Major, minor and exotic pairs. The full list is available inside the platform. Availability depends on your jurisdiction.
Risk warning. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you understand how they work and whether you can afford the high risk of losing your money.
It takes a few minutes online. Start with a demo if you want to look around first.