Trade Forex with continuous opportunities
Access 182 Forex pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips.
Forex trading is the practise of buying and selling currencies on the foreign exchange market in order to benefit. Forex is the world’s most liquid financial market, with regular trades worth trillions of dollars.
What is Forex Trading?
Forex trading is that the buying and selling of currencies on the exchange market with the aim of creating a profit.
Forex is that the world’s most-traded financial market, with transactions worth trillions of dollars happening a day .
What are the benefits of trading with us?
- Go Long or Short
- 24 Hours Trading
- High Liquidity
- Trade on Leverage
- Wide pair of FX Pairs
- Constant Opportunities
- Decide how you’d like to trade forex
- Learn how the forex market works
- Open an IG CFD trading account
- Build a trading plan
- Choose your trading platform
- Open, monitor and close your first position
Min Order Volume 0.01
Spread from 2 PIPs
Leverage upto 1:400
Min Order Volume 0.10
Spread from 1.5 PIPs
Leverage upto 1:200
Min Order Volume 1.00
Spread from 1 PIPs
Leverage upto 1:100
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Most frequent questions and answers
It isn’t owned by anyone in particular. Forex is an interbank market, meaning that its transactions are conducted only between two participants — seller and the buyer. So as long as the current banking system will exist, Forex will be here. It isn’t connected to any specific country or government organization.
A long position is a buy position, meaning that this position will be in profit if the currency rate goes up. A short position is a sell position, meaning that this position will be in profit if the currency rate goes down.
Normally, you cannot. The broker will not allow you to lose more than you have in your trading account. It will simply close your losing position when the resulting account balance becomes too close to zero. The loss that is bigger than the trader’s deposit is a direct loss of the Forex broker. It is in the broker’s best interests to prevent such losses. To secure themselves, brokers implement a stop-out level (usually about 20%), which means that the biggest losing position will be closed once (equity / used margin) × 100% becomes equal to or less than this level.
In rare cases, a slippage or significant price gap may put the trader’s balance into negative territory. However, brokers rarely pursue traders to refund negative account balances.
The Forex market is highly profitable, with the potential to multiply your initial investment ten-fold overnight. As opposed to the stock market where you only make a profit when your stocks’ worth goes up, you have a lot of money to make in Forex even when your currency is going down.
If you are interested in a fast-paced environment, forex provides ample opportunities for short-term traders – such as day traders, scalp traders or swing traders. If you’re looking to take advantage of short to mid-term trends, or less volatility, the stock market could be for you.