FX Trading - or Forex - Foreign Exchange Trading, is trading on currency pairs. This can be achieved in a number of ways, including spread-betting, CFD trading, or direct investment in the currency. Forex is always traded as a currency pair - e.g. GBP/EUR (British Pounds vs Euros) - and you can generally buy or sell depending on whether you feel a currency is going to go up or down. FX Trading is considered advanced and maybe not suitable for beginners as currencies can be volatile.
Minimum Deposit
$50 for Standard STP and RAW ECN Account | $25,000 for Premium Account
EUR/USD Spread
Premium ECN Account from 0.75* | RAW ECN Account: from 0.0* | Standard STP Account: from 1.4* | *Other fees may apply.
67.9% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money.
Regulation
FCA, CySEC, ASIC, DFSA, BaFin, CMA, SCB
EUR/USD Spread
0.16 average
75.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.