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Currency Trading

Currency Trading

Direct access to interbank currency trading quotes, no hidden price
spreads, no markups, just transparent low commissions1, 4

currency trading
Real-Time Currency Quotes Loading

Our tight spreads and substantial liquidity are a result of combining quotation streams from 17 of the world's largest foreign exchange dealers. This results in displayed quotes as small as 1/10 PIP wide.

  • Direct Access to Interbank Quotes
    No hidden price spreading, no markup, no kickbacks. Just the combination of real time prices from 17 of the world's largest FX dealing banks plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.
  • ECN-Like Market Structure
    Our order book allows you to set orders away from or between the markets, and trade with other IBKR clients3 as well as with the liquidity-providing banks.
  • Currency Conversion and Currency Trading
    IBKR offers the ability to convert currencies and/or trade currencies with leverage. All IBKR accounts have Currency Conversion, which let you convert one currency to another without using leverage. Spot currency trading, which is available to qualified customers and requires additional trading permissions, lets you trade currencies on a leveraged basis.
  • Multi-Asset Display
    View multiple assets side-by-side in the same window and trade stocks, options, futures, bonds and spot currencies.
  • 23 Trading Currencies
    Including USD, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RUB, SEK, SGD, TRY, ZAR and KRW (with special conversion functionality).
  • FX Trader
    Trade currency markets in our optimized FXTrader, which includes real-time streaming quotes, up and down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.
  • Safe and Secure
    Interactive Brokers Group and its sister affiliates hold over USD $9 billion in equity capital.
  • Low commissions
    0.08 to 0.20 basis points * Trade Size.1
  • Large-Size Order Facility 2
    Request for Quote (RFQ) large-sized aggregated quotes specific to the order quantity entered in order to obtain the best execution possible and also limit the market impact.

Start trading in 23 currencies worldwide

Choose the Best Account Type for You

Individual Accounts Individual Accounts

Joint Accounts Joint Accounts

Retirement Accounts Retirement Accounts

Trust Accounts Trust Accounts

Friends and Family Advisor Friends and Family Advisor

Institutional Accounts Institutional Accounts

Step 1

Complete the Application

It only takes a few minutes

Step 2

Fund Your Account

Connect your bank or
transfer an account

Step 3

Get Started Trading

Take your investing to
the next level

Open an Account

Disclosures
  1. Commission Tier based on monthly volumes, minimum commission is USD 2.00 (or currency equivalent) per trade.
  2. Please contact Client Services or your IBKR Sales Representative to see if you qualify for the Large-Size Order Facility (generally orders over 7M USD or equivalent).
  3. Certain Institutional clients operate in a market-making and/or liquidity providing capacity within IBKR's currency platform. These clients may have individualized configurations, technical facilities, and/or market data feeds customized to their restricted quoting and market-making functionality. Please contact Customer Service or your IBKR Sales Representative for more information.
  4. U.S. Clients with IBLLC accounts, and Fully Disclosed Broker Clients from the U.S. generally must be Eligible Contract Participants to be eligible to trade currency products. An Eligible Contract Participant is generally an individual or organization with assets of over $10 MM (or $5 MM if trades are hedging). The complete definition is located in Section 1a(18) of the Commodity Exchange Act. For more information about the Commodity Exchange Act, see the U.S. Commodity Futures Trading Commission website, or read the complete definition here.

There is a substantial risk of loss in foreign exchange trading. The settlement date of foreign exchange trades can vary due to time zone differences and bank holidays. When trading across foreign exchange markets, this may necessitate borrowing funds to settle foreign exchange trades. The interest rate on borrowed funds must be considered when computing the cost of trades across multiple markets.