DMA trading
Get deep liquidity, full market visibility and advanced execution with direct market access (DMA), using our DMA shares and Forex Direct services.
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening an account.
Why use DMA with IG?
More liquidity
Trade on underlying market prices sourced from a wide range of liquidity venues.
Market depth
Deal at the price you want, with full view of the best bid/offer price and surrounding entries.
Order control
Take control of trade execution with advanced order types, eg pegged, fill or kill, and more.
After-hours trading
Take full advantage of economic events with the pre- and post-market trading.
What DMA markets can I trade?
DMA shares
Trade shares with no dealer intervention, full market depth and access to dark liquidity pools, using either share CFDs or our share dealing service.
DMA forex
Trade currencies at the market price – and get liquidity from major providers – with Forex Direct, our DMA forex service.
Our DMA trading platforms
Mobile apps
Get DMA on the move with apps specifically developed for iOS smartphones and tablets.
API
Build your own DMA platform and automate your trading with our sophisticated FIX API.
L2 Dealer
Trade with professional tools on a customisable interface with L2 Dealer – our advanced DMA platform.
How much does DMA cost?
DMA prices are not necessarily better than OTC, as our pricing technology is engineered to find the best available prices for both. However, direct access to the markets can give you greater visibility and flexibility as a trader.1
Commission charges
Our only charges are a small commission – the same as an over-the-counter (OTC) trade.
Exchange fees
Depending on the exchange you want to view or trade on, you may be liable to pay data fees.
Other fees
You may have to pay transaction costs, such as stock borrowing fees.
Spreads
Your key payment for trading forex is 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 | DMA av. spread |
| EUR/USD | 0.165 |
| AUD/USD | 0.295 |
| USD/JPY | 0.242 |
| EUR/GBP | 0.540 |
| GBP/USD | 0.589 |
| EUR/JPY | 0.678 |
| USD/CHF | 0.399 |
Open a DMA trading account in minutes
*Demo accounts are only available for spread betting and CFD trading.
Open a DMA trading account in minutes
Fast execution on a huge range of markets
Enjoy flexible access to 15,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 50 years of experience, we’re proud to offer a truly market-leading service
*Demo accounts are only available for spread betting and CFD trading.
Start trading DMA in minutes
Start trading DMA in minutes
Fast execution on a huge range of markets
Enjoy flexible access to 15,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 50 years of experience, we’re proud to offer a truly market-leading service
What is DMA trading?
Direct market access (DMA) is a way of placing trades directly in the underlying market – whether that’s on the order books of an exchange or multilateral trading facility (MTF), or with another liquidity provider. DMA can give traders more flexibility and transparency, but it’s usually recommended for advanced traders only due to its complexity.
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1 When you place your order we take a parallel position in the underlying market, so we can’t change or reverse your order once it’s been executed.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Professional clients trading spread bets and CFDs can lose more than they deposit.
Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.
Trading stocks and shares ‘on margin’ within a US options and futures account – meaning that you only finance part of the cost of acquiring a position in a security – carries additional risks over buying securities on a fully funded basis and may result in losses exceeding your original investment. Trading on margin will also result in additional costs to you as the investor and any securities purchased using margin may be held as collateral by the lender, restricting both your rights as shareholder, and your ability to use the securities until the margin trade is closed. You should familiarise yourself with these risks before trading on margin.
The value of shares, ETFs and other ETPs bought through a share dealing account, a US options and futures account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Some ETPs carry additional risks depending on how they’re structured, investors should ensure they familiarise themselves with the differences before investing.
Share dealing and IG Smart Portfolio accounts provided by IG Trading and Investments Ltd, CFD accounts and US options and futures accounts are provided by IG Markets Ltd, spread betting provided by IG Index Ltd.
IG is a trading name of IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764), IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Trading and Investments Ltd (Register Number 944492) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.
The information on this site isn’t directed at residents of the United States, Belgium or any particular country outside the UK and isn’t intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.