Forex trading
Trade 66+ currency pairs with spreads from 0.0 pips, leverage up to 1:500 and no minimum deposit.
What is forex trading?
Forex trading is the exchange of one currency for another at an agreed price. Prices are quoted in pairs — EURUSD, GBPUSD, USDJPY — and you profit or lose on the difference between the price you open at and the price you close at. The market runs 24 hours a day, five days a week, moving between the Sydney, Tokyo, London and New York sessions, which is why forex market hours matter as much as the pair you choose.
Why trade forex with Tradeview
Six things that decide what a forex trade actually costs you, and where we stand on each.
Spreads from 0.0 pips
On the ILC account you trade the raw spread and pay commission from $2.50 per lot, stated separately — so the cost is visible instead of buried in the price.
Leverage up to 1:500
Dynamic leverage of up to 1:500 changes how much margin a position ties up. Leverage magnifies losses as well as profits.
No minimum deposit
Fund the account with any amount and start trading. There is no entry threshold.
Swap-free forex accounts
Hold currency positions overnight with no interest and no swap charges.
Execution through major liquidity providers
Orders route to our liquidity providers rather than sitting on an internal book.
66+ currency pairs
Majors, minors and crosses — EURUSD, GBPUSD, USDJPY and beyond, on one account.
Forex trading platforms and apps
Trade currencies on the desktop terminal, in the browser, or from the forex trading app on your phone.
MT4
MT4 is the platform most forex traders already know: 30 indicators, nine timeframes and Expert Advisors written in MQL4. Available on Windows, Mac, web, Android and iPhone.
MT5
MT5 adds 21 timeframes, 38 indicators, six order types and a built-in economic calendar, and lets you trade stocks alongside currencies.
How to start trading forex
Four steps from account to first position.
Open your account
Complete the form, upload your ID and a proof of address dated within the last three months. There is no minimum deposit.
Choose your account type
ILC for raw spreads plus separate commission, or XLev for a single all-in spread with no commission.
Download MT4 or MT5
Install the platform on Windows, Mac, web, Android or iPhone and log in with the details from your welcome email.
Place your first trade
Add the pairs you want to Market Watch, open a chart, and set a stop-loss and take-profit before you enter.
Forex accounts: ILC or XLev
Two ways to pay for a forex trade. Choose by how often you trade, not by which number looks smaller.
- SpreadFrom 0.0 pips
- LeverageUp to 1:500
- CommissionFrom $2.50 per standard lot
- Minimum depositNone
- Swap-free optionAvailable
- SpreadCompetitive all-in spread
- LeverageUp to 1:500
- Commission$0
- Minimum depositNone
- Swap-free optionAvailable
Forex trading — frequently asked questions
The forex market runs 24 hours a day, five days a week, rolling through the Sydney, Tokyo, London and New York sessions. Liquidity is highest when London and New York overlap, and spreads are usually widest at the daily rollover and over the weekend close.
A pip is the smallest standard price move in a currency pair — the fourth decimal place on most pairs, the second on pairs quoted against the Japanese yen. Pip value is what one pip is worth on your position, and it depends on the pair and your lot size.
A standard lot is 100,000 units of the base currency. A mini lot is 10,000 and a micro lot is 1,000. Lot size decides how much each pip is worth, which is why it drives your risk more than the pair does.
The spread is the gap between the buy and sell price. On the ILC account you trade the raw spread from 0.0 pips and pay commission from $2.50 per lot separately; on XLev the cost sits inside a single all-in spread with no commission.
Leverage lets you control a position larger than the margin you put up — up to 1:500 on our forex accounts. It scales gains and losses equally, and a losing position can consume your margin quickly.
66+ pairs: majors such as EURUSD, GBPUSD and USDJPY, plus minors and crosses. Major pairs usually carry the tightest spreads and the deepest liquidity.
Yes. Swap-free accounts hold currency positions overnight with no interest and no swap charges.
Start trading forex with Tradeview
Open a live account with no minimum deposit, or practise on a demo with virtual funds first.