Forex trading

Trade CFDs on over 330 spot and forward currency trading pairs, including major, minor and exotic FX pairs.

​​New to forex trading? Find out more in our introduction to forex.

CMC Markets

Over 330 FX pairs

CMC Markets

Spreads from 0.7 points

CMC Markets

Award-winning platform

CMC Markets

Risk management tools

CMC Markets

Earn cash rebates^

CMC Markets

100% automated execution

Introducing our exclusive range of forex indices

What is forex trading?

Forex trading is the simultaneous buying and selling of the world’s currencies on a decentralised global market. It’s also referred to as the foreign exchange or FX market. As one of the largest and most liquid financial markets in the world, its total average turnover per day is reported to exceed $5 trillion. The forex market is not based in a central location or exchange so is open to trade 24 hours a day, from Sunday night through to Friday night.
Find out more in our introduction to forex

How do you trade forex?

Our forex pairs are available to trade as contracts for difference (CFDs). When trading forex, you speculate on whether the price of one currency will rise or fall against another.
For example, if you choose to trade AUD/USD (Australian dollar/US dollar) and you think the value of the AUD will rise against USD, you go long (buy). If you think AUD will fall against USD, you go short (sell). If your prediction is correct, you make a profit. If your prediction is incorrect, you would make a loss.
View more examples of forex trading

Currency pairs

Forex is always traded in currency pairs, for example EUR/USD. The first currency (EUR) is called the ‘base currency’. The second currency (USD) is known as the ‘counter currency’. The way currencies are displayed shows us how many units of the counter currency you can buy with one unit of the base currency. This is the exchange rate, or in other words, how many US dollars you can buy for one euro.

Forex CFD product details

​View the spreads, margins and trading hours for some of the most popularly traded FX pairs on our Next Generation CFD trading platform below. 

Minimum spread*Margin rate fromTrading hours
AUD/USD0.70.20%Mon 06:00 to Sat 07:00
AUD/JPY1.30.20%Mon 06:00 to Sat 07:00
0.30%Mon 06:00 to Sat 07:00
EUR/CHF2.53.665%Mon 06:00 to Sat 07:00
Mon 06:00 to Sat 07:00
EUR/JPY1.50.20%Mon 06:00 to Sat 07:00
EUR/USD0.70.20%Mon 06:00 to Sat 07:00
0.25%Mon 06:00 to Sat 07:00
2.50.20%Mon 06:00 to Sat 07:00
1.00.20%Mon 06:00 to Sat 07:00
INR/USD101%Daily 13:30-21:30 / 22:15 - 04:00 
NZD/JPY2.80.20%Mon 06:00 to Sat 07:00
0.20%Mon 06:00 to Sat 07:00
1.70.20%Mon 06:00 to Sat 07:00
0.25%Mon 06:00 to Sat 07:00
USD/CNH102%Mon 11:00 to Sat 07:00
USD/CZK3.02%Mon 06:00 to Sat 07:00
USD/DKK7.02%Mon 06:00 to Sat 07:00
USD/HKD5.04%Mon 06:00 to Sat 07:00
USD/HUF20.02%Mon 06:00 to Sat 07:00
USD/JPY0.70.20%Mon 06:00 to Sat 07:00
USD/MXN75.02%Mon 06:00 to Sat 07:00
USD/NOK25.00.40%Mon 06:00 to Sat 07:00
10%Mon 16:00 to Sat 01:00
0.40%Mon 06:00 to Sat 07:00
USD/SGD3.00.30%Mon 06:00 to Sat 07:00

Apply now to start trading

CMC Markets

Award-winning platform

Our platform combines innovative trading tools with an intuitive interface. Native mobile apps for iPad, iPhone and Android give you access to your account wherever you are.

 Learn more about our platform

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Change your provider to CMC Markets for:

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  • An award-winning trading platform with native apps
  • Professional charting, powerful tools and innovative platform navigation
  • 100% automated execution without dealer intervention
  • Robust risk management functions including guaranteed stop-loss orders
  • Cash rebates for high-volume traders^

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​​*A minimum spread is the lowest spread that will be shown on the given product. If the underlying market spread widens throughout the trading day, or you are trading out of hours, the platform spread may also widen. The spreads shown are for the first price available for the average market trade/bet sizes in the relevant product. The spread will widen for larger trade/bet sizes, see our platform for more information.

This data is provided for general information only and may not be current. Please refer to the product overview area of our trading platform for real-time information on the spreads, margin rates, commission (as applicable) and trading hours of a particular product.

​Please note that the change in price that results in a P&L change equal to your stake size is represented by the last large digit in the price shown on the platform.​

At the end of each trading day  (5pm New York time), positions held in your account may be subject to a holding cost. The holding cost can be positive or negative depending on the direction of your position and the applicable holding rate. Historical holding rates, expressed as an annual percentage rate, are visible on our platform within the overview section of each product. View further details about our CFD trading holding costs.​

^We offer competitive monthly cash rebates for clients who trade in high volumes and if you meet our monthly notional value requirements for one asset class, you automatically qualify for monthly rebates for all asset classes; ​conditions apply.

Awarded 'Customer Service Team of the Year - small team', CSIA Australian Customer service awards 2018. Awarded ‘Overall satisfaction,’ ‘Value for money’ and ‘Customer service’, Investment Trends 2017 Australia CFD Report; ‘Risk management’, ‘Education materials/programs’ and ‘Trading ideas/strategies’, Investment Trends 2017 Australia Reports CFD & FX. Awarded ‘Best CFD Broker’ Finance Magnates 2017. Awarded ‘Best Online Trading Platform’ and ‘Financial Services Provider of the Year’, 2016 Shares Awards. 

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Investment Trends Australia Leverage Trading Report

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Investment Trends Australia Leverage Trading Report

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Educational materials/programs

Investment Trends Australia Leverage Trading Report

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Value for Money

Investment Trends Australia Leverage Trading Report

Winner 2018

Customer Service Team of the Year - Small

Australian Service Excellence Awards

^By own client ratings. Investment Trends 2018 Australia Leverage Trading Report, based on a survey of over 18,000 traders and investors

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