Open a CFD or spread betting account to start trading FX
Enhanced mobile trading
Experience enhanced mobile trading with an app you can customise to suit your trading style, so you can keep track of the markets that matter to you and stay informed on the go.
Value for money
We offer competitive and reliable pricing, with tight spreads and low margins†. Spread bet or trade CFDs on key forex pairs like EUR/USD from 0.5 points and GBP/USD from 0.9 points. Forex margin rates start from 3.3%.
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.
Nearly 30 years' experience
Since launching in 1989, we’ve become one of the world's leading CFD trading and spread betting 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 trading platform, Next Generation, has already won multiple awards and we’re consistently working on new functionality, products and tools to enhance your forex 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 as a CFD or spread bet and is traded using leverage, which means your potential profits are magnified as well as your losses.
Losses can exceed your deposits
*Awarded Best Platform Features and Best Mobile Phone/Tablet Platform; ranked highest for Platform Reliability and Charting, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report; Best Online Trading Platform, Shares Awards 2017.
**Awarded Best Customer Service, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report.
^Professional clients only. Terms and conditions apply.
†Spreads may widen and margins may increase in volatile markets