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 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.
Contact us: 010 500 8624
Call 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.
Contact us: 010 500 8624
Why use DMA with IG?
More liquidity
Trade on underlying market prices sourced from a range of global liquidity venues, including primary exchanges, multilateral trading facilities (MTFs), market makers and banks.
Market depth
Deal at the price you want, with full view of the best bid and offer price available – plus further prices on either side of the order book.
Order control
Take greater control of trade execution with advanced order types – including pegged, fill or kill, execute and eliminate, good for auction, percentage of volume and more.
After-hours trading
Take full advantage of corporate earnings announcements by trading in the pre- and post-market on 75 key US shares.
What DMA markets can I trade?
DMA shares
Trade shares with no dealer intervention, full market depth and access to dark liquidity pools, using share CFDs.
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 17,000 global markets, with reliable execution
React faster with powerful technology
Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach
Grow your confidence with an established provider
We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none
*Demo accounts are only available for spread betting and CFD trading.
Open a DMA trading account in minutes
Open a DMA trading account in minutes
Fast execution on a huge range of markets
Enjoy flexible access to 17,000 global markets, with reliable execution
React faster with powerful technology
Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach
Grow your confidence with an established provider
We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none
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.
Try these next
Automate your strategies with algorithmic trading platforms like ProRealTime and MetaTrader4.
Create and refine your own trading algorithms, or use off-the-shelf solutions.
We're clear about our charges, so you always know what fees you will incur.
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.