We found 11 online brokers that are appropriate for Trading Depth Of Market.
Depth of Market (DOM) is a vital resource for active traders, particularly those making rapid trades or handling sizable positions. DOM displays, in real time, how much liquidity exists by listing the number of buy and sell orders at each price level. For example, if a trader sees 1,000 contracts offered at $50.00 and 800 contracts bid at $49.90, they immediately understand where the liquidity lies. This information helps traders refine their timing for entering and exiting trades, assess the prevailing market mood, and execute orders with accuracy.
When a trader examines the DOM data, they gain insight into how much volume is available at various price points, which directly impacts the ease of placing large orders. For instance, observing that there are 2,500 shares bid at $100.50 and only 200 shares at $100.00 indicates that placing a sizable sell order at $100.50 is unlikely to move the market significantly. High volume traders benefit from this clarity because it minimizes slippage and prevents abrupt price swings when executing large trades.
Depth of Market brokers focus on providing powerful platforms that display detailed DOM information. These brokers show exact bid and ask prices, order sizes at each level, and continuously update the data as market conditions change. For example, using a DOM brokers platform, a trader might see 300 lots bidding at 1.2340 and 150 lots offering at 1.2345, along with instant updates as new orders come in or existing orders are filled. This granularity allows traders to plan their orders preciselyeven in rapidly shifting markets where liquidity is the deciding factor.
If you're looking for brokers that provide advanced Depth of Market (DOM) tools, here are some of the best options. These brokers offer real time market liquidity insights, fast execution speeds, and robust platforms to enhance your trading strategy.
IC Markets provides Depth of Market (DOM) features through platforms like cTrader and MetaTrader 5, giving traders real time visibility into market liquidity and price levels. This is especially useful for traders who want to optimize order placement by observing the full market depth. IC Markets enhances this feature with extremely tight spreads, minimal latency, and fast execution speeds (40ms on average), making it ideal for scalping and high frequency trading. Additional features include access to a wide range of financial instruments, free VPS for low latency, and automated trading solutions, making it an excellent choice for professional traders.
IC Markets is favored by experienced traders who value tight spreads and fast execution. They provide access to a wide range of assets, including Forex, commodities, indices, and cryptocurrencies. Ideal for scalpers and day traders who rely on quick order execution. Regulated by ASIC (Australia) and CySEC (Cyprus), offering a strong regulatory environment.
RoboForex offers Depth of Market (DOM) features via MetaTrader 5, allowing traders to view liquidity levels and execute limit orders at specific price points. This feature is key for traders looking to capture fine price movements in volatile markets. RoboForex also provides ultra tight spreads (starting from zero) and offers high leverage options, making it appealing to traders looking to maximize their market exposure. Additionally, the platform supports EA scripting, allowing traders to automate their strategies for seamless trading across multiple devices.
XTB offers a comprehensive Depth of Market (DOM) feature via its proprietary xStation platform, providing real time insights into market liquidity. This allows traders to place precise orders based on current market depth. XTB's extensive market research tools, educational resources, and analytical capabilities make it an ideal choice for traders who want to combine market analysis with live DOM data for a more informed trading experience. Regulated by FCA and CySEC, XTB provides a secure trading environment with advanced features for both novice and experienced traders.
XTB is a top choice for traders seeking in depth market analysis and research tools. They offer a comprehensive education section for traders of all levels. Best suited for traders who value thorough market analysis and want to improve their trading skills. Regulated by the FCA and CySEC, ensuring a safe trading environment in Europe.
XM offers Depth of Market (DOM) functionality through its MetaTrader 5 platform, which provides insights into the full market depth and allows traders to see all available bids and offers at different price levels. This is beneficial for traders looking to optimize their entry and exit points. XM is also known for its strong customer support and wide range of trading instruments, making it a good choice for traders who require a well rounded platform with DOM features.
Pepperstone offers Depth of Market (DOM) via MetaTrader 5 and cTrader, allowing traders to see real time market liquidity and execute trades based on specific price levels. This feature is highly valued by day traders and scalpers who require precision and speed in their order executions. In addition to DOM, Pepperstone provides access to over 70 financial instruments, including Forex, indices, and commodities, with competitive spreads and fast execution speeds. Regulated by FCA and ASIC, it is a highly reliable and secure option for professional traders.
AvaTrade provides Depth of Market (DOM) features on its MetaTrader 5 platform, allowing traders to monitor market liquidity in real time. This feature, combined with AvaTrade's commission free trading structure, makes it an appealing choice for traders seeking cost efficient solutions. AvaTrade also stands out with its AvaTradeGo mobile app and AvaSocial platform, blending traditional trading features with community driven social trading, catering to traders who value flexibility and community engagement.
FP Markets integrates Depth of Market (DOM) features on its MetaTrader 5 platform, giving traders visibility into liquidity levels and allowing them to optimize their entry and exit points. FP Markets combines this with ultra tight spreads, low latency, and enhanced trading features on both MetaTrader 4 and 5, providing a comprehensive trading environment for those who value precision and efficiency. The platform's competitive pricing and advanced trading technology make it a strong contender for traders seeking both depth of market and innovative trading tools.
For traders looking to operate efficiently in volatile or high volume markets, Depth of Market (DOM) offers a significant advantage by providing real time visibility into market liquidity. For example, if youre trading a thinly traded stock and see that there are only 500 shares available on the bid at $10.00 but 5,000 shares on the bid at $9.95, you can adjust your approach to avoid driving the price down. Heres why its an essential tool for serious traders:
Liquidity insight is a key benefit of DOM. It allows traders to see how much liquidity is available at different price levels. For instance, if you need to sell 1,000 contracts of a futures pair, seeing a deep stack of bids at the current price lets you know your order will execute without a wide price swing. A market with deep liquidity supports the execution of larger trades without drastically impacting the price, making DOM crucial for those handling significant volumes.
By analyzing the concentration of buy and sell orders, DOM also offers a clear picture of real time market sentiment. Imagine you notice suddenly that the ask side swells with large orders at a higher pricethis could signal bullish sentiment building. This helps traders assess short term price movements, allowing for faster decision making in rapidly moving markets.
DOM enables traders to pinpoint where large buy or sell orders are positioned, facilitating optimal trade placement. For example, if you see a cluster of large buy orders at $50.50 for a stock you want to buy, you might place your order just above at $50.55 to ensure execution while still benefiting from potential upward momentum. This insight helps reduce slippage and enhances trade execution, especially for those looking to capitalize on short term price fluctuations.
The ability to identify large clusters of orders at certain price levels helps traders spot areas of support and resistance. For example, if you observe hundreds of sell orders at $1,200 on a commodity future, that level becomes a resistance point you might watch for a potential breakout or reversal. These levels, visible in DOM data, can be used to time entry and exit points for better trading outcomes.
With real time visibility into order flow, traders can adjust their execution strategies according to market conditions. For instance, if you see a sudden surge of sell orders pushing the bid price down, you might switch from a market order to a limit order to avoid chasing the price lower. This means DOM plays a vital role in managing large orders confidently, ensuring minimal market disruption during execution.
When evaluating brokers that provide advanced DOM capabilities, traders will often find a suite of tools designed to sharpen their trading edge. For example, certain trading platforms enable users to assign distinct color codes to small, medium, and large ordersmaking huge institutional orders immediately obvious on the DOM window.
The order book is a core component of DOM, showing the cumulative volume of buy (bid) and sell (ask) orders at each price level. For instance, if you observe 2,500 lots bid at 1.3050 and only 150 lots asked at 1.3055, that indicates a stronger buying pressure. This real time snapshot of depth and liquidity helps traders understand where the markets interest is concentrated.
Platforms featuring real time updates refresh the DOM instantly as new orders are submitted, modified, or canceled. Imagine watching the bid side on a stock contract collapse within seconds during a major earnings releasereal time updates allow you to quickly move your stop loss or take profit, ensuring you arent caught flat footed by a sudden liquidity drain.
With market depth visualization toolssuch as dynamic heatmaps or depth of book chartstraders can instantly see how orders are stacked across prices. For example, a heatmap might reveal a thick wall of sell orders at $50.00 on an equity, signaling potential resistance. These visual aids turn rows of numbers into intuitive graphics, making it easier to gauge where major support and resistance lie.
Advanced users often employ DOM for order flow analysis, spotting trends in how buy and sell orders enter the book. For example, detecting a string of iceberg orders (large hidden entries) can signal that a hedge fund is accumulating shares without revealing full size. Recognizing these hidden footprints can give you a heads up on likely price shifts before they become obvious on the chart.
Understanding market depth also lets traders execute large trades while minimizing market impact. For example, if you need to sell 50,000 shares of a thinly traded futures contract, you might break that into several smaller orders to avoid wiping out the best bid levels. This execution impact minimization ensures your order doesnt push the price against you, preserving more favorable fills.
When selecting a broker to leverage DOM data, it's important to consider several key factors:
Ensure the broker provides comprehensive DOM data that includes detailed, real time updates and an intuitive order book display. This allows for precise liquidity analysis and trade planning.
Brokers offering advanced platform capabilities with features like heat maps or liquidity layers can significantly enhance your market insight. Look for platforms that make it easy to visualize and act on DOM data.
For fast paced trading, low latency execution is crucial. This ensures that the DOM data remains accurate and that trades are executed promptly without delay.
Traders who rely on automated strategies should look for brokers that support algorithmic integration with DOM. This allows for seamless automated order execution based on real time market depth data.
traders dealing in high frequency or large volume trades should carefully evaluate the costs and fees associated with DOM brokers, as these factors can significantly affect overall profitability.
While DOM data is incredibly valuable, it's important to be aware of common challenges traders face when using it:
One issue is interpreting large orders. Occasionally, an individual large order can distort the market sentiment seen in DOM. Traders must differentiate between isolated large orders and genuine liquidity trends to avoid misleading conclusions.
Another challenge is data overload. DOM provides a lot of real time information, and traders must efficiently filter and process this data to avoid being overwhelmed by excessive details.
Finally, the rapid pace of high frequency trading can lead to quick fluctuations in DOM data, making it harder to react in real time. Traders need to be mindful of these dynamics when making decisions based on DOM.
Over the years, Ive come to rely on Depth of Market (DOM) data as an indispensable tool for navigating fast paced and high volume trading environments. DOMs real time display of bid and ask quantities at each price level immediately tells me where liquidity is and where its not. I recall one morning watching 1,000 contracts offered at $50.00 while only 800 were bid at $49.90instantly, I understood that the selling pressure was stronger, prompting me to adjust my entries and exits with far greater precision than I could achieve using price charts alone. That clarity has helped me time trades more effectively, whether Im scalping forex pairs or managing sizeable futures positions.
Having traded across several platforms, Ive seen firsthand how DOM helps minimize slippage when placing large orders. On days when I needed to sell a block of shares, spotting that 2,500 shares were bid at $100.50 versus just 200 at $100.00 meant I could set my limit order at $100.50 without fear of sweeping through thinner liquidity and moving the market against myself. At that moment, I realized that high volume traders who ignore DOM data are essentially trading blindlosing out on both execution quality and the chance to gauge short term market sentiment. Since then, Ive made it a habit to check the DOM whenever Im looking to deploy an order of real size.
Over time, I gravitated toward brokers with robust DOM offerings. IC Markets stood out early on: through cTrader and MT5, I could assign color coded highlights to different order sizes, instantly spotting large institutional orders that might affect my scalps. RoboForexs MT5 integration also impressed me, especially with its ultra tight spreads and the ability to see liquidity layers in a single windowwhich was crucial when chasing small pips in volatile sessions. XTBs xStation platform remains a favorite of mine; its heatmaps and granular order book gave me deeper insight into support and resistance levels, while its research tools helped me marry technical setups to live liquidity data. XM and Pepperstone both offered seamless MT5 implementations that felt slightly more intuitive for quick limit orders, and I appreciated AvaTrades commission free DOM visibility for those budget conscious moments. FP Markets, with its low latency and ultra tight pricing on MT5, became my go to when I needed to execute large trades without leaving a footprint.
In practice, I learned that DOM isnt without its challenges. It can be overwhelming to process dozens of price levels flashing updated quantities every second, and at times, a solitary large order can distort the apparent market mood. But by combining DOM insights with price action and volume patterns, Ive managed to filter out noise and focus on genuine liquidity trends. Today, I still rely on DOM to pinpoint where clusters of buy or sell orders are likely to act as support or resistance. Whether preparing for a scheduled news release or reacting to an unexpected market swing, having that real time window into order flow has consistently helped me execute trades with confidence and minimal market impact.
We have conducted extensive research and analysis on over multiple data points on Depth Of Market Brokers to present you with a comprehensive guide that can help you find the most suitable Depth Of Market Brokers. Below we shortlist what we think are the best depth of market brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Depth Of Market Brokers.
Selecting a reliable and reputable online Depth Of Market trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Depth Of Market more confidently.
Selecting the right online Depth Of Market trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for depth of market trading, it's essential to compare the different options available to you. Our depth of market brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a depth of market broker that best suits your needs and preferences for depth of market. Our depth of market broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Depth Of Market Brokers.
Compare depth of market brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a depth of market broker, it's crucial to compare several factors to choose the right one for your depth of market needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are depth of market brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more depth of market brokers that accept depth of market clients.
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IC Markets
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Pepperstone
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FP Markets
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FXPro
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FXPrimus
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axiory
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skilling
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BlackBullmarkets
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tradeviewltd
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tradersway
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globalprime
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | FSC (Financial Services Commission) (000122/405) | CySEC (Cyprus Securities and Exchange Commission) (357/18) | FSA (Financial Services Authority, Seychelles) (SD045) | Tradeview Europe Ltd Malta Financial Services Authority (MFSA), Cayman Islands Monetary Authority (CIMA) (585163), MiFID II framework | Unregulated | ASIC (Australian Securities and Investments Commission) (385620), VFSC (Vanuatu Financial Services Commission) (40256) |
Min Deposit | 200 | No minimum deposit | 100 | 100 | 15 | 10 | 100 | No minimum deposit | 100 | 10 | 10 |
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Used By | 200,000+ | 400,000+ | 200,000+ | 7,800,000+ | 300,000+ | 1,000,000+ | 25,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web, cTrader, MyAxiory App, Android (Google Play), iOS (App Store) | Skilling Trader, Skilling cTrader, Skilling MT4, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web, Skilling Copy | MT4 ,MT5, TradingView, Mobile Apps, iOS (App Store), Android (Google Play), cTrader, BlackBull CopyTrader, BlackBull Invest | MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play), TradingView, Windows, Web | MT4, MT5, Web Terminal, Mobile Apps, Android (Google Play), iOS (App Store), cTrader, cTrader Copy, MetaQuotes, FxStat Autotrading, FXWIRE Pro, MT QuickDeal | MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play), TradingView, Windows, Web |
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Learn More |
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Up with pepperstone |
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Up with fpmarkets |
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Up with fxpro |
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Up with fxprimus |
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Up with axiory |
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Risk Warning | Losses can exceed deposits | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Demo |
IC Markets Demo |
Pepperstone Demo |
FP Markets Demo |
FxPro Demo |
FXPrimus Demo |
Axiory Demo |
Skilling Demo |
BlackBull Markets Demo |
Tradeview LTD Demo |
Traders Way Demo |
Global Prime Demo |
Excluded Countries | US, IR, CA, NZ, JP | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, IR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, UK, CA, AT, BE, BG, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HU, HR, IE, IS, IT, LT, LU, LV, MT, NO, NL, PO, PT, RO, SE, SI, SK, IR, ID, KR, BZ | US, IN, PK, BD, NG , ID, BE | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | AU,IR,KR,US,SY,SD |
You can compare Depth Of Market Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Depth Of Market Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Depth of market brokers below.