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Open a CFD account to start trading FX with no minimum deposit required
Our new FX active account gives you ultra-tight FX spreads from 0.0 pips on six major forex pairs, plus save with a 25% spread discount (when compared to our standard pricing) on all other FX pairs, and commission at a fixed rate of 0.0025% per transaction, charged upfront on opening and closing trades.Available with MT4 and our Next Generation platform.
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 GBP/USD from 0.9 points. Forex margin rates start from 2%.
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 a chart forum community.
Over 25 years' experience
Since launching in 1989, we've become one of the world's leading CFD providers. As one of the industry’s pioneers, you can be confident that when you're trading forex with us, you're trading with the one of the best in the business.
Our unique online trading platform, Next Generation, has consistently won multiple awards over the last few years, while our dedicated team are constantly 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.
Forex is available to trade as a CFD and is traded using leverage, which means your potential profits are magnified as well as your losses.