Forex trading

Beginner's guide to the currency markets

In this video tutorial, Tim Bennett explains the key features of one of the biggest markets in the world – foreign exchange – including the influences affecting an exchange rate, and what currency 'pairs' are and how to trade them.

Forex trading explained

Most investors only deal in currencies when they're about to go on holiday. But they could be missing a chance to profit from the most liquid market around – the currency market. Tim Bennett explains how.

Fast and furious: how to play currencies

Sooner or later many spread betters are tempted by foreign exchange, or forex. It's fast, furious and at banks all over the world vast sums are won and lost in a matter of seconds. Here's how to play it.

Latest forex trading articles


Looking for a competitive FX (forex) trading account?

We’ve compiled a table of the leading forex trading providers. Here you can easily compare the different offers, and apply for a forex trading account right away.

Company Spread Avg spread Leverage ratio 1: Trade min Account min 24 Hour trading Demo account Apply

CMC Markets

Variable 0.9 (EUR/USD) 200 0.01 units £0
Y
yes
Y
yes
Apply

ForexTime Ltd

Variable Floating spreads starting from 0 pips depending on the account type (floating) 1:1000 0.01 $5
Y
yes
Y
yes
Apply

IG

Variable 0.6 pips 200 £1 for spread betting and $1 for CFD trading £100
Y
yes
Y
yes
Apply

Saxo Capital Markets

Variable 1 - 5 pips 200 £10,000 £5,000
Y
yes
Y
yes
Apply

City Index

Fixed 1 point 20:1 to 400:1 25p £0
Y
yes
Y
yes
Apply

Spreadex

Fixed 2 - 5 pips 100 1 contract £0
Y
yes
N
no
Apply

ETX Capital

Variable 0.9 pips 200 £0.10 £100
Y
yes
Y
yes
Apply

Spread Co

Fixed 0.8 pips 200 £1/point for spread betting or 1 contract for CFD £200
Y
yes
Y
yes
Apply

InterTrader Direct

variable 1 pip 100 1 contract £1,000
Y
yes
Y
yes
Apply

London Capital Group

Floating starts from 0.6 1:300 1 contract £0
Y
yes
Y
yes

GFT

Variable 1 - 5 pips 400 1 contract £120
Y
yes
Y
yes

Moneycorp Markets

Variable 3 - 4 pips 100 £100,000 £10,000
N
no
Y
yes

NatWest

Variable 2 - 5 pips 200 £10,000 £200
Y
yes
Y
yes

Finspreads

Variable 2 - 5 pips 20 £0.50 £0
Y
yes
Y
yes

FP Markets

Variable 1 - 3 pips 100 £10,000 £1,000
Y
yes
Y
yes

Accendo Markets

Variable 1 - 5 pips 100 1 contract £1,000
Y
yes
Y
yes

Tradefair

Variable 2 - 5 pips 200 1 contract £0
Y
yes
Y
yes

Barclays

Variable 2 - 5 pips 100 £50,000 £5,000
Y
yes
N
no

RBS

Variable 2 - 5 pips 200 £10,000 £200
Y
yes
N
no

XTB

Fixed & Variable 0 - 2.8 pips 100 £10,000 £500
Y
yes
Y
yes

FxPro

Variable 0-3 pips 500 £1,000 £100
Y
yes
Y
yes

Selftrade

Variable 2 - 6 pips 10 1 contract £0
Y
yes
Y
yes

TD Waterhouse

Variable 2 - 5 pips 200 1 contract £0
N
no
N
no

Forex.com

Variable 1.3 - 2 pips 400 £1,000 £250
Y
yes
Y
yes

Internaxx

Variable 1 - 5 pips 10 1 contract £0
N
no
Y
yes

eTorro

Fixed 2 - 5 pips 400 £2 £35
Y
yes
Y
yes


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