Forex trading free account

Funding can run into millions of dollars. Profit splits are in the 50% range.

Funded accounts carry monthly profit targets. Traders who fulfill these targets can gain additional funding.

Your first step is to sign up for the evaluation program.
Trade through the evaluation account and reach the targets.
Earn a proper funded account and start making money for you and the account provider.

Forex trading accounts

To trade online, you need to open a forex trading account. When you sign up, you will likely have to choose among several account types. The best forex trading accounts are those that suit your personal needs perfectly. On this page, we look at the forex trading account options you have. We also discuss ways in which these account options will impact your trading performance. You will learn:

Which is the best forex trading account?

Account types. What is a standard account, a funded account, a mini/micro account, a managed account, etc?

Geographic account type considerations.

Below are the best forex trading accounts in your location:

The top 5 forex trading accounts in the united kingdom

Opening a forex trading account

What do you need to consider when opening a new forex trading account?

The brokerage firm. Is it reputable or is it a known scammer?

The services the brokerage firm offers.

Costs and incentives involved.

The account type that best suits your needs.

Once you have gotten these issues sorted, there is 3 step process for opening an account:

Fill out the application forms and provide the information your broker requires.

Fund your account.

Start looking for investment opportunities.

When you select a brokerage firm, you take all these factors into account. You need to know whether your would-be broker is a trustworthy destination for traders. Though fewer these days, rogue operations still exist. Creating a real money account with such a broker is flushing money down the toilet.

You also need to know what incentives your broker offers. Match up these incentives with the costs. The broker has to support the account type you prefer and it has to give you access to a proper suite of services. You may even have a preferred account funding method. The broker may or may not accept/support that method.

Services-wise, you are looking for:

Proper trading platforms, with solid technical analysis tools.

Access to education and research.

Trading foreign markets.

Special features you may want.

Convenience. Some brokerage firms offer face-to-face guidance. Others do not. It always makes sense from the perspective of trust, to prefer an operator with physical offices close by.

As far as incentives go, some brokers offer commission-free trading. Others may even reward you for certain achievements as a trader. You may even want to keep your savings with the broker if it rewards you for it.

Make sure you read and understand the full pricing schedule/policy of your broker.

Determining the right trading account type to meet your needs depends on what kind of trader you are, and what your objectives are.

When you fill out your application forms, be aware that you will have to provide information on your employment status, investable assets, and net worth. Some find such probing on the part of the broker quite intrusive.

You also have to provide a copy of your ID/driver’s license. If you want to trade options or gain access to margin, you may have to provide additional information.

Brokers accept several account-funding methods.

Various e-wallets. (neteller, paypal, skrill etc)

Bank transfer.

Electronic funds transfer.

Checks.

Some may accept asset transfers and even paper stock certificates.

Which is the best forex trading account?

As mentioned, the best account type for you is the one that best suits your needs and personal profile. The factors you should consider in this regard fall into two main categories.

Your investment objectives.
The type of trader you are.

Choosing a forex trading account based on your investment objectives

– most “casual” traders invest with a relatively near-term goal. The “make some money” mantra is the main driver behind such efforts. If this mantra describes your investment objectives, you likely need a traditional brokerage account. Such accounts do not offer any tax advantages. On the other hand, they do not tie up your investments long-term either.
You may also be able to trade on margin with such an account. Trading on margin involves borrowing money from the broker. The assets in your account will serve as collateral in this case. Trading on margin carries some obvious risks.

– if your goal is to secure your nest-egg for your retirement, an IRA (individual retirement account) is your option. All IRA options, such as traditional IRA, roth IRA, and rollover IRA offer you tax benefits. On the downside, you will not be able to touch this money before you are old.

Choosing a forex trading account based on what type of investor you are

– you are an absolute beginner. And as such, not much of an investor. What you need at this stage is education. Possibly some good trading signals as well. In a word, you need an account, through which the broker can hold your hand. It could be that your ambitions are not high. Still, you need to know why you are doing what you are doing. Customer service and user interface are important factors in your account selection.

– you are a “value” investor. Such investors buy and hold assets, to sell them when they appreciate. Such investors are not active traders. If you are a value investor, you value fundamental analysis. You have little use for charting and fancy technical indicators, however.

– passive investing. Those who invest in index funds passively do not require much from their broker. Unlike beginners, such traders don’t need their hands held either. They just need access to index funds, and good tradable asset selection within this category.

– high frequency trader. Active traders do not hold their positions long-term. They buy and sell with high frequency. Thus, they need all the bells and whistles their broker can offer them. They want good trading platforms with superb charting. Outstanding reporting and a highly functional interface are also musts. Technical analysis is the bread and butter of this trader category. Trading costs are also very important for active traders.

Forex trading account types

There are four basic account type categories: standard, funded, mini and managed. We will look at each in turn.

Within these categories, there are a few additional variants, such as the micro accounts. There are a handful of special account types as well, such as islamic accounts, demo accounts, and VIP accounts. Every one of these account options carries some advantages and some disadvantages.

Standard trading accounts

The name of this account option stems from the standard lots to which it gives traders access. A standard currency lot is worth $100,000. Such a lot size seemingly places this account type out of the reach of average traders.

You do not have to have $100,000 in your account to trade, however. The existence of margin and leverage means that you only have to have $1,000 to trade a standard lot.

Leverage varies based on many things. In the EU, forex leverage is capped at 1:30. In other places, brokers may offer leverage up to 1:500 even on standard accounts.

Brokers offer full services for the holders of standard accounts. Such accounts require upfront capital, so these are all depositing traders. The profit potential of this account type is significant as well.

On the downside, the same goes for loss potential. For this reason, you should only trade through a standard account if you are an experienced trader.

Funded trading accounts

Some brokers/other financial organizations fund certain traders. They provide them with starting capital, in exchange for a share of their future profits.

How does such a setup work?

Would-be funded account owners need to pass an evaluation program. If the broker’s analysts consider them to be good candidates, they grant them a funded account.

Funding can run into millions of dollars. Profit splits are in the 50% range. Funded accounts carry monthly profit targets. Traders who fulfill these targets can gain additional funding.

The broker pays out the profits periodically.

What do you need to do to secure such a funded account?

Your first step is to sign up for the evaluation program.

Trade through the evaluation account and reach the targets.

Earn a proper funded account and start making money for you and the account provider.

Mini and micro trading accounts

A standard account features $100,000 lots. For traders who cannot afford to trade in that league, despite margin and leverage, mini accounts offer an alternative. A mini account supports mini lots. These lots are worth $10,000 each. Mini accounts usually accompany standard accounts and they target new traders.

Micro accounts take this approach a step further. They support micro-lots of $1,000. Such accounts are even more affordable than the mini ones. Like the minis, micro accounts target beginners as well.

The main advantage of mini and micro accounts resides in risk-reduction. For a mere $250-$500, you can open such a trading account. Trading in lower increments stretches your funds longer as well. This is one of the reasons why professional traders like to use such accounts. They can test their strategies in a low-risk, real-money environment.

In addition to the inherent risk-minimization benefits, mini and micro accounts let you spread your funds thinner. Thus, you can better micro-risk-manage them.

The obvious downside is that risk/loss minimization reduces profit potential as well. Such accounts are, therefore, hardly suited to cover the profit needs of professional/advanced traders.

Managed trading accounts

Forex trading account management works like this, A managed account is one that holds your funds but excludes you from decision-making. You make your deposit, and someone else – usually a broker-side expert – does the trading for you. You may be able to set objectives, however.

Why would you want to give up control through such a trading account?

– you are not an expert and you feel that the manager will do a better job than you ever could. Thus you let the manager handle your individual trading account.
– you feel that pooling your money with the funds of other investors offers you a degree of protection. Such managed accounts work like mutual funds. Managers handle the trading and they distribute the profits.

Managers rank these pooled accounts according to risk tolerance. Those looking for higher profits opt for more risky accounts. Those with a lower risk tolerance play it safer, earning less.

The main advantage of a managed account is that it allows you to cash in on the skills of a forex professional. Furthermore, you get to do it hands-off.

The disadvantage is that this forex expert will cut a commission from your profits. Managed accounts require larger deposits than regular ones. Individual accounts may require as much as $10,000. Pooled accounts are slightly cheaper at around $2,000.

Islamic trading accounts

Islam holds trading to be haram (not permitted). There are ways to turn it into halal (permitted), however.

All trading activity has to adhere to the principles of islamic finance.

There must not be any interest (riba) involved.

Exchanges involved in trading have to be immediate.

No gambling is allowed.

Risks, as well as benefits, have to be distributed.

Islamic accounts are swap-free accounts, through which transactions and the payments of costs associated with them, happen instantly. In the context of islamic trading accounts, the margin, commissions and administrative fees are not riba.

VIP accounts

Brokers reserve their VIP accounts to their most privileged clients. A VIP account holder enjoys special benefits, such as superior trading conditions. Forex brokerages often invite VIP traders to special events, treating them to special rewards.

What do you have to do to gain access to such an account?

You normally need to deposit an unusually large amount of money (often upward of $100,000). You will also need to trade frequently and perhaps meet certain trade volume requirements.

Demo accounts

A demo account is the “play money” simulation of a real account. It allows traders to test the platform and trading conditions. Some may also use such accounts to test-run certain strategies.

When you sign up for a demo account , the broker credits your account with a set amount of virtual funds. Some demo accounts offer the same functionality as a standard/mini/micro account. Others limit their users’ access to certain features.

Geographic considerations

Sometimes, your geographic location should play a role in your account type selection. Some jurisdictions may limit certain trade types. In the US, there is no CFD trading. The practice is against US securities laws.

Leverage varies greatly between EU regulated countries, the UK for example, and other parts of the world. In the EU forex margin is limited to 1:30 by ESMA, the european regulator.

In other parts of world, india and south africa for example, leverage can be offered up to 1:1000 (though 1:400 or 1:500 is more typical)

The taxes you have to pay on your profits also vary from one jurisdiction to another. Read our taxes page for more on that.

Demo trading account

Try our award-winning platform for free with a free forex demo account. Start developing your trading skills with IG.

Practice trading with $10,000 virtual funds

Experiment with trading ideas risk-free

Test strategies on the go with our free mobile apps

Open a demo trading account

Try our award-winning platform * for free and develop your FX trading skills.

What is a demo trading account?

A demo account is a simulated market environment offered by a trading provider that aims to recreate the experience of ‘real’ trading as closely as possible. This is so that you can get a feel for trading FX on our platform. The main difference is you won’t be at risk of losing any money, so you can explore and experiment with confidence.

When you open a demo account with IG, you’ll be given immediate access to a version of our online platform, along with a pre-set balance of $10,000 in virtual funds to practice with and access to IG academy.

Why use a demo account?

Traders will choose to practice trading on a demo account, because it enables them to get to grips with a platform, build their strategy and grow in confidence, without having to risk any real money.

Demo accounts aren’t just for newcomers. Experienced traders often like to use demo accounts to try out new strategies, tools or ideas, safe in the knowledge that they won’t result in any real-world losses.

You’ll often see demo accounts described as ‘paper trading’, which is the term to describe simulated securities trading. However, with an IG demo trading account, you’ll gain access to over 80 FX pairs.

A demo account will enable you to view all the FX pairs available to you with IG and get used to how they behave. You’ll be able to select the pairs you want to keep an eye on and set alerts so you can react instantly to any price volatility. The demo account will also help you navigate the IG platform, ensuring that you can read and analyze price charts, fill in the trade ticket and monitor open positions.

Alternatively, if you’re interested in using more advanced software, we also offer an MT4 demo account. This enables you to build your understanding of the metatrader4 online trading platform in a risk-free environment.

There is no difference between a demo trading account, trading simulator or paper trading account. All of these terms are just synonyms for the same type of simulated trading platform.

For your country of residence, you may wish to use <>.

Sorry we cannot open an account for clients with your country of residence through this site. Instead, please visit <>.

*winner of FX weeks e-FX 2019 award for best retail FX platform of the year. The FX week e-FX awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.

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Disclosures

Contact us

New clients: 312 981 0499

Existing clients: 312 981 0498

Marketing partnership: email us now

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is not directed at residents of countries where its distribution, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG is a trading name of IG US LLC (a company registered in delaware under number 6570306). Business address, 200 west jackson blvd., suite 1450, chicago, IL 60606. IG is a registered RFED and IB with the commodities futures trading commission and member of the national futures association (NFA ID 0509630).

IG US accounts are not available to residents of ohio.

ТОРГОВЫЙ ДЕМО-СЧЕТ ДЛЯ ОПЕРАЦИЙ С КОНТРАКТАМИ НА РАЗНИЦУ И ИНОСТРАННЫМИ ВАЛЮТАМИ

Вы новичок в торговле валютами и контрактами на разницу? Или вы опытный трейдер и вам нужно протестировать вашу стратегию в реальных рыночных условиях? Воспользуйтесь любой из признанных торговых платформ OANDA — интернет-платформой, настольной системой, МТ4 или мобильным приложением. Для этого откройте бесплатный демо-счет.

ПОЛНОФУНКЦИОНАЛЬНЫЙ ДЕМО-СЧЕТ

Получите неограниченный бесплатный доступ к торговому демо-счету для операций с валютами и контрактами на разницу и протестируйте ваши торговые стратегии в условиях реального рынка. Восстанавливайте или корректируйте начальное сальдо вашего счета в 100 000 единиц или прибыль/убыток в любое время. Меняйте ваше кредитное плечо и используйте гибкие объемы сделок, чтобы определить комфортный для вас уровень.

РЕАЛЬНЫЕ РЫНОЧНЫЕ УСЛОВИЯ

Попробуйте реальные курсы по всем валютам, а также золотые и серебряные † кресты. Получите доступ к сырьевым товарам, таким как сырая нефть brent, природный газ и пшеница; мировым фондовым индексам в таких странах, как германия, австралия и США; а также облигациям, например казначейским облигациям США и фьючерсам euro-bund с контрактами на разницу.

ТОРГОВЫЕ ПРИЛОЖЕНИЯ ДЛЯ МОБИЛЬНЫХ УСТРОЙСТВ

Все функции настольной торговой платформы, включая возможность торговли прямо из графиков и богатый набор инструментов технического анализа, в вашем смартфоне или планшете. Отслеживайте рынки и управляйте вашим портфелем валют и контрактов на разницу с любого устройства на основе ios или android.

НАСТОЛЬНАЯ ДЕМО-ПЛАТФОРМА

Простая в использовании, но мощная настольная торговая платформа обладает богатым набором гибких настроек и обеспечивает доступ к профессиональным функциям для торговли «форекс».

Вопросы и ответы

Нужен ли мне торговый счет OANDA, чтобы войти в демо-платформу и использовать ее для операций с валютами и контрактами на разницу?

Как загрузить настольную торговую демо-платформу OANDA?

Я хотел бы запустить настольную платформу OANDA desktop в своем браузере. Что делать?

На странице входа в систему появляется сообщение «неверное имя пользователя или пароль». Что мне делать?

Убедитесь, что вы верно вводите имя пользователя и пароль: оба чувствительны к регистру. Если вы пытаетесь войти в реальную торговую систему OANDA, убедитесь, что вы выбрали вкладку «fxtrade», расположенную над полем «имя пользователя». Если вы входите в демо-версию торговой системы OANDA, убедитесь, что вы выбрали вкладку «fxtrade practice».

Кроме того, не забывайте, что торговые и демо-счета OANDA не связаны друг с другом, поэтому имена пользователя и пароли для них могут быть различны. Если вам все же не удается войти в систему, нажмите на кнопку «забыли пароль?», расположенную над полем «пароль», и смените его. Если проблема сохраняется или вам не удается сменить пароль или войти в систему, свяжитесь с нами через интерактивный чат, и мы постараемся вам помочь.

Как я могу разместить сделку с валютами или контрактами на разницу?

Где можно научиться торговать валютными парами, драгоценными металлами, сырьевыми товарами, фондовыми индексами и контрактами на разницу облигаций?

Где можно найти регистрационные формы, правовую и торговую документацию OANDA?

НАЧНИТЕ ТОРГОВЛЮ

Откройте демо-счет. Это поможет вам разработать торговую стратегию.

Откройте реальный счет уже сейчас, и вы сможете торговать через несколько минут.

Убытки могут превысить инвестиции.

ВЫ НОВИЧОК В ТОРГОВЛЕ?

Измените ваше представление о рынке валют и контрактов на разницу. Пройдите несколько бесплатных интернет-курсов под руководством преподавателя для новичков и опытных трейдеров или выберите собственный учебный план и изучайте то, что вас интересует, в комфортном для вас темпе.

Заявление об отказе от ответственности

Данные о скорости исполнения сделок основаны на расчетах средневзвешенного периода задержки при двусторонней операции с момента получения до момента реагирования для всех рыночных приказов и запросов на закрытие сделки, исполненных с 1 августа по 30 ноября 2017 года на платформе OANDA V20, без учета приказов, размещенных в системе МТ4.

Контракты на разницу и операции с драгоценными металлами НЕДОСТУПНЫ для резидентов соединенных штатов америки.

Операции хеджирования на платформе МТ4 НЕДОСТУПНЫ для резидентов соединенных штатов америки.

Комиссией по торговле товарными фьючерсами (CFTC) установлены следующие ограничения размера заемного капитала, которым могут пользоваться трейдеры-физические лица на рынке форекс в США: 50 : 1 по основным валютным парам и 20:1 по другим парам валют. OANDA asia pacific предлагает максимальное кредитное плечо 50 : 1 по продуктам форекс. По операциям с контрактами на разницу применяются ограничения кредитного плеча. Максимальный размер кредитного плеча для клиентов OANDA canada устанавливается организацией по регулированию инвестиционной деятельности канады (IIROC) и может изменяться. Подробная информация приводится в разделе «выполнение регуляторных и финансовых требований».

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Торговые интернет-платформы

Платформа metatrader 4

Освойте торговлю иностранными валютами и контрактами на разницу

Реальные курсы иностранных валют и контрактов на разницу

Торговые новости, аналитика

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Курсы в режиме реального времени

Исторические курсы

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API данных о курсах валют

Валютные платежи для организаций

Денежный перевод

Конвертер для исторических валютных курсов

Конвертер для исторических валютных курсов

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Торговля контрактами на иностранную валюту или иными внебиржевыми продуктами с использованием маржи и кредитного плеча влечет высокие риски и подходит не всем инвесторам. Рекомендуем вам тщательно оценить, подходят ли вам такие торговые операции с учетом ваших личных обстоятельств. Ваши убытки могут превысить объем ваших инвестиций. Информация, приведенная на данном сайте, носит общий характер. Рекомендуем вам до начала торговли обратиться за помощью к независимым консультантам и убедиться, что вы полностью понимаете все сопутствующие риски. Торговля посредством онлайн-платформы влечет дополнительные риски. См. Раздел «правовые вопросы» здесь.

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Счета в OANDA (canada) corporation ULC может открыть любое лицо с банковским счетом в канаде. Регулирование деятельности OANDA (canada) corporation ULC осуществляет организация по регулированию инвестиционной отрасли канады (IIROC), а счета клиентов страхуются в пределах указанных лимитов канадским фондом защиты инвесторов. Брошюра с описанием сущности и лимитов страхового покрытия доступна по запросу или по адресу www.Cipf.Ca.

Деятельность OANDA australia pty ltd регулируется австралийской комиссией по ценным бумагам и инвестициям (ASIC) (рег. Номер ABN 26 152 088 349, рег. Номер AFSL 412981). Компания является поставщиком и эмитентом продуктов и (или) услуг, представленных на данном сайте. Перед принятием любых решений о финансовых инвестициях настоятельно рекомендуем вам ознакомиться с текущими версиями руководства по финансовым услугам (FSG), заявления о раскрытии информации о продуктах ('PDS'), условий открытия и ведения счета и другими документами OANDA. Указанные документы можно найти здесь.

OANDA corporation — уполномоченный посредник в срочных биржевых операциях и валютный дилер, зарегистрированный комиссией по торговле товарными фьючерсами; член национальной фьючерсной ассоциации, рег. № 0325821. В необходимых случаях см. ПРЕДУПРЕЖДЕНИЕ НФА ДЛЯ ИНВЕСТОРОВ НА РЫНКЕ ФОРЕКС.

Компания с ограниченной ответственностью OANDA europe limited зарегистрирована в англии, регистрационный номер 7110087, юридический адрес: tower 42, floor 9a, 25 old broad st, london EC2N 1HQ. Деятельность компании лицензирована и регулируется управлением финансового надзора, лицензия № 542574.

OANDA japan co., ltd. — первый директор по операциям с финансовыми инструментами типа kanto local financial bureau (kin-sho), рег. № 2137; член ассоциации финансовых фьючерсов, рег. № 1571.

OANDA asia pacific pte ltd (рег. № 200704926K) имеет лицензию на оказание услуг на рынках капиталов, выданную валютным управлением сингапура, а также лицензию комитета по развитию международной торговли сингапура (IE singapore).

OANDA europe markets limited - компания, зарегистрированная на мальте под номером C 95813, и ее зарегистрированный офис находится по адресу олд бэйкери стрит, 171, валетта. Она уполномочена и регулируется управлением по финансовым услугам мальты как держатель лицензии на инвестиционные услуги категории 3 для предоставления услуг резидентам европейского союза.

Обзор счета

ОСОБЕННОСТИ СЧЕТОВ

Преимущества счета raw spread

На счете raw spread взимается минимальный спред. Так, средний спред по паре EUR/USD составляет всего 0,1 пункта, при этом комиссия за лот равна $3,50. Счет IC markets raw spread отлично подойдет для дейтрейдеров, скальперов и тех, кто торгует с помощью советников благодаря агрегации 50и банков и других поставщиков котировок. Сервера МТ4 и МТ5 типов счетов raw spread располагаются в центре обработки данных equinix NY4 в нью-йорке, что сокращает задержку в исполнении за счет близкой локации к поставщикам котировок. Скальперы и дэйтрейдеры считают платформы МТ4 и МТ5 лучшими во всем мире. .

Основная цель IC markets – создание лучших и наиболее прозрачных условий для розничных и корпоративных трейдеров. Оператор IC markets создан трейдерами и для трейдеров, поэтому мы делаем все для предоставления лучшего спреда, исполнения и обслуживания.

Торговля на форекс

Характеристики

О компании IC markets

Торговля на форекс

Характеристики

О компании IC markets

The website www.Icmarkets.Com/global is operated by IC markets global an entity that is not established in the EU or regulated by an EU national competent authority. The entity falls outside the EU regulatory framework i.E. Mifid II and there is no provision for an investor compensation scheme. Please read our terms & conditions

Please confirm, that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by IC markets or any other entity within the group.

**данные, полученные из независимых источников, подтверждают, что сводный недельный спред по EURUSD был лучше, чем среди 32 прямых конкурентов в секторе форекс в 96% времени в период с января по декабрь 2019 года.

***среднее время исполнения ордера, включающее его получение, обработку и подтверждение исполнения, составляет 36,5 мс.

IC markets не принимает запросы на открытие счета от жителей США, канады, израиля и исламской республики иран. Информация на этом сайте не предназначена для жителей любой страны, территории или юрисдикции, где распространение или использование такой информации противоречит местному законодательству или нормативным актам.

Risk warning: trading derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

The advice on this website is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.

The information on this site in not intended for residents of the U.S. Canada, israel, new zealand, japan and islamic of iran and use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IC markets is an over the counter derivatives issuer, transactions are entered into on a principal to principal basis. The products issued by us are not traded on an exchange.

International capital markets pty ltd (ACN 123 289 109), trading as IC markets, holds an australian financial services licence (AFSL no. 335692) to carry on a financial services business in australia, limited to the financial services covered by its AFSL. The trading name, IC markets, used by international capital markets pty ltd is also used by other entities.

IC markets EU ltd is authorised and regulated by the cyprus securities and exchange commission with license number 362/18, registration number 356877 and with registered office at 141 omonoias avenue, the maritime centre, block B, 1st floor, 3045 limassol, cyprus.

Raw trading ltd registered in seychelles with company number: 8419879-2, trading as IC markets global, regulated by the financial services authority of seychelles with a securities dealer licence number: SD018. The website is operated by IKBK holdings ltd, registered in cyprus with registration number 362049 and registered address at 38 karaiskaki street, kanika alexander center, block 1, 1 st floor office 113B, 3032, limassol cyprus.

Forex trading

Harness volatility in the world's most-traded financial market with a top in class forex broker 1 on an award-winning trading platform. 2

Forex trading involves risk. Losses can exceed deposits.

Call 1 844 IG USA FX or email newaccounts.Us@ig.Com to talk about opening a trading account.

We’re here 24 hours a day, from 3am saturday to 5 pm friday (EST).

Why trade forex with IG?

Get an edge with our award-winning platform 2 designed to be with you wherever you are. Our platform is web-based platform and available in app stores for mobile devices.

Stay aware of market movements with customizable alerts on IG's platform.

Get friendly, expert support 24 hours a day, except between 5 pm friday - 3 am saturday (EST).

Identify FX opportunities on clear, fast charts and deepen your analysis with prorealtime.

Enjoy peace of mind trading forex with an award-winning forex broker. 1

Open an account quickly and easily – you could be set up and trading forex in minutes.

What is forex trading?

Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making a profit.

Forex is the world's most-traded financial market, with transactions worth trillions of dollars taking place every day.

What are the benefits?

Go long or short

24-hour trading

High liquidity

Constant opportunities

Trade on leverage

Wide range of FX pairs

How do I trade forex?

Decide how you’d like to trade forex

Learn how the forex market works

Open a forex trading account

Build a trading plan

Choose your forex trading platform

Open, monitor and close your first position

Open an account now

Fast execution *

React to opportunity across 80+ FX pairs

Trade wherever you are

Trade on the move with our award-winning apps optimized for your device

A broker with a legacy

Our parent company, IG group has 45 years' experience, we're proud to offer a truly market-leading service

How much does forex trading cost?

Margins:

When you trade FX you do so with leverage - meaning you can win, or lose, a significant amount more than your inital deposit - called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.

Spreads:

Your key payment for forex is the the spread - the difference between the buy and the sell price - our charge for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX	IG min. Spread	IG av. Spread
EUR/USD	0.8	0.9
AUD/USD	1	1.2
USD/JPY	0.8	0.9
EUR/GBP	1	1.3
GBP/USD	1	1.3
EUR/JPY	1.2	1.3
USD/CHF	1.5	1.7

If you hold a position overnight you there will be a funding adjustment applied to your account. Currency conversion fees may also apply.

With our transparent pricing, you can be confident you understand the value of each trade.

Up to 20% lower spreads on EUR/USD vs top two U.S. Brokers 3

See our full product details

Discover your next opportunity

Search our huge range of forex pairs.

Live prices on our most popular markets

Prices above are subject to our website terms and conditions. Prices are indicative only.

Choose your trading platform

Seize opportunity at your desk or on the go with IG's award-winning platform for desktop and mobile 2 or trade on one third party platforms we offer.

Our intuitive web platform

Metatrader 4

Discover the IG web trading platform, a clear, smart way to trade forex that’s customizable and requires no downloads.

Build forex trading algorithms that will execute your trades automatically with metatrader 4.

Our mobile apps

Prorealtime

Never miss an opportunity, trade forex on the move with our natively designed IG forex for your device.

Deepen your trading anaylsis with prorealtime's clear, advanced, feast charts.

Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs - starting from just 0.8 pips

Get the latest forex news

EUR/USD steadies after pullback, while GBP/USD and USD/JPY climb

EUR/USD, GBP/USD, and AUD/USD fall back towards key support

EUR/USD, GBP/USD, and AUD/USD struggle to break higher

EUR/USD falters as GBP/USD and USD/JPY move higher

You might be interested in…

Powerful forex charting

Managing your FX risks

Try an IG demo account

Zero in on price action with our clean, fast charts, deepen your analysis with autochartist packages.

Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customizable alerts.

Test your trading strategies with $10,000 in virtual funds by opening an IG demo account.

1 based on IG US's numerous awards including: investopedia's 2019 best brokers awards (determined by award winners, investopedia's team evaluated more than 70 online brokers, considering thousands of variables across trading technology, mobile capabilities, user interfaces, research tools, costs and fees.), awarded best customer service broker, best value for money, and best educational material by investment trends (determinded by overall relationships in investment trends 2019 foreign exchange report) and winner of FX week's e-FX 2019 award for best retail FX platform of the year (A submissions-bassed process awarded by FX week judges, based on demonstrating innovative ideas and implemented in a practical way for solving issues for clients.)

2 winner of FX weeks e-FX 2019 award for best retail FX platform of the year. The FX week e-FX awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.

3 based on minimum spreads advertised on january 28, 2020 . Excludes competitors' commission-based products.

*based on IG group's OTC data from october 2019. 86 million trades places in FY19 with an avaerage execution speed of 0.014 seconds.

Forex trading

Forex trading costs

Learn to trade

Disclosures

Contact us

New clients: 312 981 0499

Existing clients: 312 981 0498

Marketing partnership: email us now

IG US accounts are not available to residents of ohio.

Free real money forex no deposit

Among forex brokers, there is a tough competition going on as to who will get the most number of novice traders. The race for new clients is so important to forex brokers that they are willing to sponsor their new clients by giving them access to take part in live forex trades without making any deposit. This is called the fore no deposit account.

With this development, it is now possible to actually trade the forex market without making any financial commitments at all. The normal trend was to sign up with a broker and make some deposits in your real account before you can start trading the forex market, but things has changed and broker have devised new ways of getting new clients every day. Once you sign up with the broker, you get real money in your account with which you can trade the forex market with.

In as much as this is basically to encourage people to trade the forex market, it is also important t know that there are terms and conditions attached to the forex no deposit accounts. These terms and conditions help the forex broker stay safe and not exposed to huge risks seeing as they are the ones sponsoring their new clients with their no deposit accounts. Some of the terms and conditions are

1. The trader must register with the broker and trade with the platform offered by the broker. This is the main reason why brokers go as far as offering traders the opportunity to trade the forex market without any deposit.

2. Once the client registers with the broker and is set to trade, the broke gives the trader access to an account with a certain amount of real money with which the trader can trade the live forex market on the condition that the trader does not withdraw the money. The money is there and can be traded with but the trader does not have the ability to make withdrawals from the no deposit account until some conditions are met.

3. For the trader to withdraw some real money from his or her no deposit account, the trader must have accumulated some trade points and made some profits. Form the profit made, the trader is expected to make some deposit to his account, which will serve as a trade capital, after which the trader can freely withdraw the rest of the profit made.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of liteforex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of directive 2004/39/EC.

Why you need a forex account to trade

Photographer is my life / getty images

A foreign exchange account, or forex account, is used to hold and trade foreign currencies. Typically, you open an account, deposit money denominated in your home country currency, and then buy and sell currency pairs.

Your purpose, of course, is to make money on your trades. Unfortunately, the majority of beginning forex traders lose money; they generally spend less than four months reaching the point where they have lost so much that they will close their trading account.

It doesn't mean that the forex market is a scam, as some critics have maintained, but forex scams do abound. Making money on highly leveraged currency trades is harder than it looks and, at a minimum, requires developing expertise that many novice traders fail to acquire.

How you open a forex trading account

The requirements for opening a forex account have become simpler since the growth of online forex trading. Today, opening a forex account is almost as simple as opening a bank account.

First, of course, you'll need to find a forex broker. All retail forex trading goes through and is managed by a brokerage. Some may be specialized forex brokers, or they might be the same brokerage you use for stock market investing and trading.

You'll need to fill out a brief questionnaire about your financial knowledge and trading intentions. You'll also need to provide an ID, and the minimum deposit your forex account institution requires. That's it. You're now free to trade.

Incidentally, many forex brokers will take your credit or debit card in lieu of cash. So, you really don't need to deposit any money at all—not that this is a good idea. If you don't have the cash now, how will you pay for losses later? Credit card debt carries high-interest rates.

Forex brokers

One of the aspects of currency trading that makes it riskier than trading in the stock market is that the entire currency trading industry is either lightly regulated or—as with some trades—not regulated at all. A consequence of that is that unless you look carefully into the reputation of the forex broker you select, you may be defrauded. There are two ways of avoiding this.

The first is to avoid specialized forex traders entirely and to trade with a general stock brokerage active in the U.S. And therefore regulated by the U.S. Securities and exchange commission (SEC).

The other way to avoid inadvertently connecting with a fraudulent broker is to proceed very carefully when considering a specialized forex brokerage. Only open an account with a U.S. Broker with a membership in the national futures association (NFA). Use the NFA's background affiliation information center to verify the brokerage and its compliance record.

Even then, it's a good idea to choose a large, well-known forex broker like forex capital markets (FXCM). FXCM—like almost all of the largest U.S. Forex brokers—offers a free practice account where you can try out potential trades without risking your capital. Some other well-known U.S. Forex brokers are citifx PRO, an affiliate of citibank, and thinkorswim. Don't be put off by the cute name, thinkorswim is a division of tdameritrade.

Before finalizing your search, compare commission rates between brokers. Transaction costs are an important factor in the profitability of trading activity.

Forex demo trading brokers

Congratulations, you are ready to test out forex trading and looking for a forex broker to do it with. The best way to do this is to open a free demo account with one of the forex demo trading brokers listed below. In this article we’ll explain the things you need to know about to choose a forex demo account and how to get the most out of this risk-free benefit.

The difference between a forex demo and real account

A demo account allows a new trader, or experienced trader who wants to test out a new forex broker, a way to trade without risk. This is sometimes referred to as ‘paper-trading’ as opposed to real money trading.

The term ‘paper-trading’ comes from the pre-digital era. Before computer trading, investors would test their ideas by writing on a piece of paper their ‘imaginary’ purchase of an asset – in most cases an equity share or commodity – at a certain price, time and date they made ‘their purchase’. Then they would monitor the market’s price movements by checking the daily prices in the newspaper.

The investor would later decide when they wanted to “sell” the asset by marking the time and date they wanted to exit the position. This allowed traders to hone their skills and get a sense of the markets though ‘paper-trading’, which carried no risk but allowed them to learn. Real money trading should only occur when you are ready to deposit real money into a live account with a broker. This carries a burden of risk, meaning you can lose your deposited money if you make losing trades. However, real money trading also rewards the prepared investor with actual profits when trading is going well and decisions are on the correct side of financial market momentum.

A demo account is a great way to learn how to trade and discover how a new broker’s platform works. However, it is important to keep in mind that an asset on a demo account may carry a different spread between the bid and ask prices compared to what the same broker offers in a real money live account. Most brokers restrict the amount of time your demo account will remain open, with a maximum period of one month being typical. Of course, if you have a few email addresses, there is nothing to stop you re-registering once your demo account expires. That being said, graduating to a real money trading account can be a good thing as spending too long trading only a demo account can hinder your development as a trader.

While it is sometimes an difficult step for new traders to switch from a demo to a real money live account, it is also a necessary step. Your use of the demo account will teach you to practice the art of opening positions and closing them, and also reinforce the necessary traits of practicing risk management which will always be important.

Best all-around: high floating leverage + fast execution

ECN trading with leverage up to 1:500

Deposit $500 and trade with $1000!

ECN trading with leverage up to 1:500

Highly regulated, choice of fixed or floating spreads

Mifid, central bank of ireland, FSA, ASIC, BVI, FFAJ, FSCA, ADMG - FRSA

Highly regulated, choice of fixed or floating spreads

Wide range of cfds + trailing stop losses

Cysec, FCA, ASIC, FMA, FSB, MAS

Wide range of cfds + trailing stop losses

Best broker for social traders and crypto traders : 75% of retail CFD accounts lose money

How to use a forex demo account

Today, with high speed computers and trading apps, traders practice their ‘paper-trading’ on free demo accounts offered by most forex / CFD brokers. This gives you an opportunity to learn more about the financial markets and get a taste for what live ‘real money’ trading will feel like. A demo account allows you to trade assets at no risk. You cannot lose real money with a demo account. This is because your broker’s demo account allocates you a certain amount of ‘paper’ money which is for demonstration purposes only, and allows you to trade this ‘paper’ money to practice what it will feel like in a live ‘real money’ environment.

A forex demo account can also give a very good primary grasp about what your chosen broker offers regarding with assets can be traded, which types of trade orders are permitted, plus a dynamic sense of ‘market feel’. Another important use of a demo account is in testing the broker’s trading platform’s capability to handle software which places trades at a high frequency and/or automatically . You will need to check with your broker to see what trading software can be used on their trading platforms. For example, brokers using the metatrader 4 trading platform often accept trading with algos and robots.

You should be aware that some brokers won’t allow the use of algos or robots because their servers and platforms are not developed for this type of trading. If you do not tell your broker you are using trading mandates and software such as algos or robots the broker may have a right to cancel the outcome of your trading on a live account – in a demo account of course, it does not matter. If you are trading a live account with real money, be sure to communicate with your chosen broker directly to make sure you can fully test your desired tools on their demo account.

Are forex demo accounts accurate?

In a forex demo account, you can open a position which allows you to buy or sell in the marketplace depending on your choice of market direction. Your demo account allows you to experience the natural speed of the market, the pace at which assets change value, and the ability to choose position sizes - to put full trades on at market prices to execute trades which carry no risk.

Checking out what the spreads are is important, but it is equally important to learn if a certain asset carries overnight trading costs known as swaps, plus the fundamentals of trade execution and the kind of mistakes that are easy to make so you can tell how to best avoid them in the future. Using a demo account allows you to practice choosing your assets to trade, and the buy and sell status; size of position wanted allows you to become accustomed to these needed inputs to make your transactions. When you switch from a demo to a real money environment you will feel more comfortable with the needed decision-making processes and its effect on the outcome of your trades because of your practice with the forex demo account.

Like differentials in spreads which can exist between a demo and a real money account, differentials can also exist regarding the time you have to place a trade before the quote requotes or even expires. Demo accounts sometimes allow you more time within the trade decision making process. Real money time parameters for selecting trades can fluctuate due to live market price action, while in a demo account they usually will not. Also note that while spreads will sometimes be different on a demo account compared to a real money account, the price quotes for assets are frequently accurate. You can check this by watching the live market and looking at the prices for assets being provided at the same time by your demo account. However, it is important to note that the prices in the ‘live’ market you are often looking at are delayed depending on your source. This is because live quotes to the financial markets are considered valuable tools. You should ask your broker if you are seeing live market prices or if they are on a delay. Accurate pricing is crucial to understand the real feel of the marketplace and most demo accounts provide live quotes.

Forex trading demo account for beginners

Brokers are happy to have you trade on their demo accounts to learn and become an informed trader, but they do not want you to stay in the demo environment forever because they want you to open a live account eventually and deposit some funds. Demo accounts are also a burden on the broker’s computer servers, which is another reason they don’t want traders to use them for too long. The psychological aspects of trading are important and demo accounts give a new trader the ability to ‘feel’ the marketplace. It is important to note the effect on a traders psyche when they are placing a trading. There is an impact emotionally when carrying a position for any length of time and the decision making process becomes affected due to the nature of the markets which can be fast and sometimes volatile. A demo account allows you to become accustomed to the financial markets and the pace at which assets change values. Forex pairs, and ? Cfds offering indexes, equities and commodities will be available to examine and grow accustomed to, regarding the manner and rules with which each of them are treated by the broker.

While making money is a fundamental goal of every trader, a demo account allows you to trade with the goal of learning and not worrying about losing real money. Understanding the capabilities your broker offers and taking the opportunity to become fully accustomed to the real money trading environment is very important for new traders, and there’s no better way to do this than with a forex demo account. The widespread appeal of the forex demo account means that almost every forex broker offers one and you can sign up quite easily on the broker’s website.

How to create a demo account for forex trading

When you find a broker you like, you will usually see an offer in their website for a ‘free online demo account’. You will probably be asked to register your name, email address, and a few more personal details when you register for the account. After you have completed that process you will be prompted to either open an account or ‘get started’ – it is the second option which will activate your demo account. You will receive a username and a password along with a few instructions about using the demo account and you can then begin to “paper trade” immediately. The forex demo account allows you to test your chosen broker’s platform(s) and learn. They will usually contact you by email or phone if you provided your telephone number as part of the registration process to check on your progress and introduce themselves further in order to help you.

Fxpro demo trading account

To access the fxpro demo accounts, you need to complete the registration form and provide us with some information, however, you do not need to upload verification document(s) or fund until you are ready to trade live.

A real account will be automatically created upon completion but to activate it, we will need to verify your identity and may need to confirm some additional details with you. In the meantime however, you can immediately open a demo from the ‘accounts’ page in fxpro direct, allowing you to utilise risk-free trading and bringing you one step closer to the start of your trading journey.

Real-time pricing

Up to 100k in virtual funds

Available for all platforms

8 base currencies

Top up via fxpro direct

180-day life span

Open a demo account

Opening a demo account through our fxpro mobile app is the perfect option, as after completing the registration, you can immediately start using the demo account, within the very same app!

Alternatively, you can open a demo account from your fxpro direct portal, for any of our platforms and account types. Please click here for a full comparison.

Compliment your demo account trading with our exclusive content & trader tools including:

Educational material

Fxpro.News

Calculators

Economic calendar

What is demo trading?

A trading demo or simulation essentially allows you to experience the market and platform features, using virtual funds and therefore without risk.

Why open a demo with fxpro?

New to trading? Our free demo forex accounts will allow you to practise and hone in your trading skills risk-free until you feel confident enough to trade live.

You can also make use of it as an experienced trader if you want to test different trading strategies.

Demo faqs

Although demo accounts present real market conditions and prices, please keep in mind that they are simulations and cannot always reasonably reflect all of the market conditions as during highly volatile or illiquid periods (e.G. Market openings, news announcements) they may not behave in the same manner as live accounts.

Margin and leverage settings may vary between your demo and live account and you should not expect any success with the demo account to be replicated in your live trading.

For this reason, it is strongly recommended that demo accounts are viewed solely as a learning tool for inexperienced traders or a place for testing new trading strategies.

So, let's see, what we have: guide to forex trading accounts with top list and comparison of different types. A must read if you want to open an online forex trading account. At forex trading free account