Open a CFD account to start trading FX
You are our focus
Our goal is to offer you a superior forex trading experience. We're passionate about online forex trading, constantly innovating and aiming to improve how our clients invest in the financial markets.
Value for money
We offer competitive and reliable pricing, with tight spreads and low margins‡. Trade CFDs on key FX pairs like EUR/USD from 0.7 points and USD/CAD from 1.7 points. Forex margin rates start from 2.9%.
Powerful charting offers a host of features to support your forex trading, including multiple chart types, over 80 technical indicators and drawing tools, pattern recognition and our chart forum community.
Over 25 years' experience
Since launching in 1989, we’ve become one of the world's leading CFD trading providers. As one of the industry's pioneers, you can be confident that when you're trading CFDs with us, you're trading with one of the best in the business.
Our unique online CFD trading platform, Next Generation, has already won multiple awards and we’re consistently working on new functionality, products and trading tools to enhance your CFD trading experience.
We have won over 50 awards worldwide over the last two years – a recognition of the quality of our service, and dedication to delivering innovation and technology through our web-based trading platform and native mobile apps.
Foreign exchange trading, also known as FX or forex, is the simultaneous buying of one currency and selling of another. The forex market is not based in a central location or exchange, so it's open 24 hours a day from Sunday night through to Friday night.
Forex is always traded in pairs. When trading forex, you always speculate on whether the price of the base currency will rise or fall against the counter currency. So with GBP/USD if you think GBP (the base currency) will rise against USD, you 'go long' (buy) the currency pair. Alternatively, if you think GBP will fall against USD (or that USD will rise against GBP), you 'go short' (sell) the currency pair.
If you were right (that is if you went long GBP/USD and GBP went up in value against USD), you would make a profit. If the trade went against you, however, you would make a loss, which could exceed your deposits.
Forex is available to trade using leverage, which means your potential profits are magnified as well as your losses.
Find out more about forex trading
*Awarded 'Top Trading Platform for Charting' by the Canadian Society of Technical Analysts 2016 & 2017, 'Best Trading Platform Features', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among FX traders; 'Best Mobile Platform', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among CFD traders and FX traders; 'Best Online Trading Platform', Shares Awards 2013 & 2014; 'Best Mobile/Tablet Trading Application', Shares Awards 2015; 'Best Mobile/Tablet Application', Online Personal Wealth Awards 2015.
^Terms and conditions apply.
†Awarded 'Best Customer Service', Investment Trends 2015 UK Leveraged Trading Report; 'Best Forex Customer Service', UK Forex Awards 2015.
‡Spreads may widen and margins may increase in volatile markets