Priced in pips — the fourth decimal on most pairs, the second on yen pairs.
Markets
Forex
The market where one currency is priced against another — the deepest and most continuously traded market in the world.
What you are trading
Forex
A currency pair quotes how much of the second currency one unit of the first is worth. When you buy EUR/USD you are taking a position that the euro will strengthen against the dollar; selling it takes the opposite view. Nothing is delivered and no currency changes hands — the position settles in cash against the price.
Traded as a CFD: you take a position on the price, you never own the underlying asset.
Traded around the clock on weekdays as the Sydney, Tokyo, London and New York sessions hand over.
Leverage is capped per account and can be lower for some pairs and some countries of residence.
Forex
How it trades with us
Majors, minors and crosses run on the same MetaTrader 5 terminal as the rest of your account, with the order types, charting and automation the platform ships with.
Traded as a CFD: you take a position on the price, you never own the underlying asset.
EUR/USDDemo Feed
Prices right now
Demo FeedReference prices from our own feed. One indicative price per instrument, with the day's high and low — not a tradable quote.
| Instrument | Price | Change | Day high | Day low | Today |
|---|---|---|---|---|---|
| EUR/USDEuro / US Dollar | 1.1541 | −0.36% | 1.1593 | 1.1531 | |
| GBP/USDPound / US Dollar | 1.3457 | −0.24% | 1.3501 | 1.3445 | |
| USD/JPYUS Dollar / Yen | 155.04 | −0.12% | 155.37 | 154.90 | |
| AUD/USDAussie / US Dollar | 0.7134 | +0.00% | 0.7140 | 0.7128 | |
| USD/CADUS Dollar / Loonie | 1.3939 | +0.12% | 1.3952 | 1.3910 |
Simulated prices for illustration only. Not live quotes and not an offer to trade.
Forex
Worth knowing
When this market is open
Our published session times for this market: [TRADING HOURS]. Sessions move with daylight saving, and an instrument can be halted when its underlying market is closed.
What it costs
Every market here is priced the same way your account is priced: one all-in spread, or a tighter spread with a fixed commission per lot. Nothing is added on top for a particular market.
Compare the four accountsTrader tools
Plan the trade before you place it.
Size positions and check which markets are active before you trade.
Market sessions
Forex trades around the clock across four main sessions. Liquidity is usually highest when two overlap.
- Sydney—
- Tokyo—
- London—
- New York—
Times in UTC (--:-- now). Approximate, and they shift with daylight saving.
Position calculator
See what each pip is worth, the position value and the margin required at a chosen leverage.
Pip value$10.00per 1-pip move
Position value$108,420notional, in USD
Margin required$3,614at selected leverage
Estimates for education only, at a simulated reference price. The leverage available to you depends on your account and regulator.
Ready when you are.
Open a live account in the client portal, or practise first on a free demo with virtual funds.