As a result of tighter spreads in the underlying market we have reduced the minimum spread on the AUD/USD forex pair to as low as 1 pip, and reduced the normal dealing spread to 2 pips.
IG Markets’ excellent reputation in the competitive inter-bank market provides you with access to low-cost forex trading. At IG Markets, we don’t add any commission on forex trades, all charges are included in the dealing spread.
We also offer spreads from just 1 pip on EUR/USD and USD/JPY and spreads from 2 pips on GBP/USD, EUR/GBP. For full details, please see our Competitive Forex Spreads.
Trading forex with IG Markets is very similar to trading our Share CFDs. You buy or sell at our live price and put forward a fraction of the full contract value as a deposit, from as little as 1%*. And as always you get the added benefit of our award-winning forex service.
Flexible spread structure
Current volatility in global financial markets means that spreads in underlying markets may, on occasion, fluctuate abnormally. As tighter spreads are made available to us, we are able to pass these on to you, while we cap wide spreads at a fixed limit.
In most market conditions, we will continue to offer our typical spread. However, at particularly volatile times when underlying currency spreads are unusually wide – greater than 1.5 times our typical spread – our spreads will widen, but only up to a maximum spread limit (our cap).
And should underlying spreads move above this level, we will hold our spread at our cap limit so you can benefit from lower spreads.
* For Trader accounts
Updated: 22/07/09