Top Direct Access Brokers for 2025
We found 11 online brokers that are appropriate for Trading Direct Access.
Best Direct Access Brokers Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 15, 2025
Direct Access Brokers
Direct access brokers provide traders with the capability to execute high-speed trades directly with market exchanges, bypassing intermediaries that typically introduce latency. This direct market access (DMA) is critical for implementing certain high-frequency and algorithmic trading strategies where milliseconds can determine profitability.
Traditional brokerage setups typically involve a multi-step process where orders are submitted to a broker, routed to a market maker, and then matched on an exchange. This introduces execution delays, which can be detrimental to strategies reliant on speed. In contrast, direct access brokers enable immediate order execution, offering a significant edge in fast-moving markets.
Direct access brokers primarily cater to experienced traders and day traders seeking rapid execution, advanced trading tools, and the flexibility to implement complex trading strategies. However, the industry is evolving, with some brokers offering educational resources and user-friendly interfaces to attract less experienced investors. These platforms may also serve as an entry point for those new to direct access trading, providing a pathway to more advanced features as their skills develop.
This overview delves into the nuanced advantages and potential drawbacks of direct access brokers, explores popular trading strategies that benefit from DMA, and examines the advanced features of these platforms.
Target Audience
Direct access brokers are primarily designed for experienced traders, including day traders, high-frequency traders (HFTs), and algorithmic traders, who demand rapid execution and access to sophisticated trading tools to manage complex, high-volume strategies. For those new to direct access trading, some platforms offer simplified interfaces and educational resources to help them transition from traditional brokerage models. The content and tools provided can be customized to match the varying levels of trader expertise, from beginners to seasoned professionals.
Benefits of Direct Access Brokers
- Utilization by day traders to exploit minute-by-minute price fluctuations, leveraging speed and direct market access.
- Enhanced ability to manage high-volume trading strategies with minimal slippage due to direct order execution.
- Access to advanced trading tools, such as algorithmic trading platforms and real-time market data, crucial for developing and executing sophisticated strategies.
- Expanded trading options, including access to securities that may not be readily available through traditional brokers, such as international stocks, futures, and options.
- High-Speed Execution is crucial for time-sensitive strategies like scalping and arbitrage.
- Direct Market Access Offers greater control over order placement and execution.
- Advanced Trading Tools Provide access to sophisticated platforms and algorithms.
- Expanded Product Ranges Offer a wider variety of securities, including derivatives and international markets.
- Potential Cost Savings Lower commissions for high-volume traders.
Speed Execution
Direct access brokers are engineered for rapid execution, outperforming traditional brokerages in speed. This capability is critical for strategies like scalping, where trades are opened and closed within seconds to capture small price movements.
Real Market Monitoring
These brokers offer real-time market data, including Level II quotes and full order book visibility. This granular market insight is indispensable for developing precise trading strategies and making informed split-second decisions.
Discounts on Volume
High-volume traders benefit from tiered commission structures that reduce trading costs as volume increases, making DMA brokers a cost-efficient choice for active traders.
Advanced Order Types
Direct access brokers support a wide range of advanced order types, including limit, stop, trailing stop, and more complex algorithmic orders. These tools enable traders to execute precise trading strategies without the need for routing through traditional trading desks.
Cost Considerations
While DMA brokers typically offer lower per-share commissions, high-frequency traders should account for additional costs such as platform fees, data feeds, and advanced tool subscriptions. These fees can offset commission savings for lower-volume traders, making it essential to balance trading frequency with associated costs.
Risk Management Tools
The inherent risks of direct market access require robust risk management solutions. DMA brokers often provide advanced tools designed for this purpose:
Stop-Loss Orders
Automatically trigger the sale of a security at a predefined price to limit potential losses. This is critical for traders looking to mitigate downside risk in volatile markets.
Trailing Stops
A dynamic order that adjusts with market movement, locking in gains while providing a safety net against adverse price shifts.
Real-Time Risk Analytics
Advanced platforms offer real-time risk analysis tools, including value at risk (VaR) calculations and real-time margin monitoring, which are essential for maintaining portfolio integrity during rapid market changes.
Position Sizing Calculators
Tools that help traders calculate optimal trade sizes based on account size, risk tolerance, and market volatility, ensuring that no single trade overexposes the portfolio to risk.
Risk Parity and Stress Testing
These features allow traders to allocate capital across asset classes to balance risk and simulate market scenarios to assess the potential impact on their portfolios, thereby preparing for adverse conditions.
Psychological Aspects of Direct Access Trading
The high-pressure environment of direct access trading can significantly impact a trader's decision-making process. The potential for rapid gains is balanced by the risk of equally rapid losses, which can lead to stress and impulsive decisions. It is crucial for traders to maintain discipline, adhere to their strategies, and employ risk management tools effectively. Recognizing the psychological challenges associated with direct access trading is as important as mastering the technical aspects. For those new to this environment, starting with smaller trades and gradually scaling up can help build confidence and reduce psychological strain.
Case Studies: Benefits of Direct Access Brokers
High-Frequency Trader
A high-frequency trader using Interactive Brokers' Trader Workstation (TWS) executed a scalping strategy that involved hundreds of small trades per day, capitalizing on bid-ask spreads. The direct access platform’s sub-millisecond execution speed was crucial in achieving a 15% portfolio return over three months, outperforming benchmarks reliant on traditional brokerage execution. This case illustrates the importance of execution speed and platform reliability in high-frequency trading.
Swing Trader
A swing trader using Lightspeed Trader relied on technical analysis to identify breakout opportunities, using the platform’s low-latency execution and advanced charting tools for precise entry and exit points. The result was a 20% increase in portfolio value over several months, facilitated by DMA’s superior order execution capabilities. The trader's ability to adjust positions quickly in response to market conditions was key to their success, showcasing how direct access can enhance traditional swing trading strategies.
Algorithmic Trader
An institutional trader developed a quantitative model deployed via a direct access broker’s API, leveraging the platform's integration with custom algorithms to execute trades based on real-time data inputs. The strategy generated consistent alpha, outperforming passive benchmarks due to the precise and fast execution enabled by the direct market access. This case demonstrates how direct access brokers can support complex, data-driven trading strategies that require seamless integration with proprietary systems.
Potential Drawbacks of Direct Access Brokers
- Heightened risk exposure due to the necessity for quick decision-making, which can result in significant losses if market conditions change rapidly.
- The complexity of tools and platforms requires a high level of expertise, which may be overwhelming for less experienced traders.
- Potentially higher costs for low-frequency traders, where the combination of per-share commissions, platform fees, and data subscriptions may outweigh the benefits of direct market access.
- Market impact concerns, especially when placing large orders in less liquid markets, can lead to slippage or unfavorable price movements.
- Advanced risk management is crucial, as direct market access can expose traders to volatile market conditions without the buffer provided by traditional brokerages.
Popular Direct Access Trading Strategies
- Scalping: This strategy involves profiting from small price fluctuations by rapidly entering and exiting trades. The ultra-fast execution speeds offered by direct access brokers are crucial for successfully implementing scalping strategies, where every millisecond counts.
- Arbitrage: Direct access trading enables traders to exploit price discrepancies between different markets or asset classes more efficiently. With direct connections to multiple exchanges, arbitrage opportunities can be identified and executed with minimal latency.
- Algorithmic Trading: Leveraging computer algorithms to automate trading based on predefined rules is highly effective with direct access brokers. These brokers provide the necessary low-latency infrastructure and real-time data feeds, enabling precise and timely execution of algorithmic strategies.
- High-Frequency Trading (HFT): Direct access trading is essential for HFT, which involves executing a large number of orders at extremely high speeds. This strategy requires ultra-low latency connections and advanced technology, both of which are supported by direct access platforms.
- Swing Trading: Although typically involving holding positions for a few days to weeks, swing traders using direct access platforms can benefit from enhanced market analysis tools and more precise execution capabilities, optimizing their strategies even further.
Comparison of Pricing Models: Direct Access vs. Traditional Brokers
When evaluating pricing models between direct access and traditional brokers, several critical factors should be considered:
- Commissions: Traditional brokers often charge a flat fee per trade (e.g., $6.95 per trade), while direct access brokers charge per share traded (e.g., $0.005 per share). This can be more cost-effective for high-volume traders but may not be advantageous for those with lower trading volumes.
- Platform Fees: Direct access brokers typically charge monthly fees for advanced trading platforms and tools, ranging from $50 to $200 per month, depending on the platform’s sophistication and the trader's needs.
- Data Feeds: Access to real-time market data, including Level II and full-depth order books, often requires additional subscriptions, which can range from $15 to $50 per month.
- Order Routing Fees: DMA brokers may charge fees for customized order routing, allowing traders to choose specific exchanges or market centers, providing more control over trade execution.
The table below provides a clear comparison of key cost differences between direct access and traditional brokers:
| Cost Component | Direct Access Brokers | Traditional Brokers |
|---|---|---|
| Commissions | $0.005 per share (e.g., $50 for 10,000 shares) | $6.95 per trade (flat fee) |
| Platform Fees | $50 - $200 per month | Included (typically) |
| Data Feeds | $15 - $50 per month | Basic data included |
| Order Routing Fees | Varies by option | Not typically applicable |
Unlike traditional brokers, direct access brokers:
- Offer faster execution speeds.
- Provide greater control over order routing and execution.
- Typically charge lower commissions but may have higher platform fees.
- Require a higher level of trading knowledge and experience.
Technological Advancements in Direct Access Brokerage
The direct access brokerage landscape is rapidly evolving, driven by technological advancements. Artificial intelligence (AI) is increasingly integrated into trading platforms, providing predictive analytics, machine learning-based trading models, and automated decision-making tools. Additionally, blockchain technology is being explored for its potential to enhance transparency, reduce transaction costs, and provide immutable trade records, which could revolutionize market interaction.
Artificial Intelligence (AI) in Direct Access Brokerage
AI is transforming the direct access brokerage landscape by offering advanced capabilities to traders. One key application is predictive analytics, where AI algorithms analyze vast amounts of market data to identify patterns and predict future price movements, aiding in decision-making. Additionally, AI-powered algorithms are used in algorithmic trading to execute complex trading strategies at high speeds, taking advantage of market inefficiencies. AI also plays a significant role in risk management by assessing portfolio risk in real-time, providing insights to help traders make informed decisions and mitigate losses. Furthermore, AI-driven chatbots and virtual assistants enhance the user experience by providing traders with real-time market information, executing trades, and answering queries. AI's ability to analyze news articles, social media, and other textual data is also utilized in sentiment analysis to gauge market sentiment and identify potential trading opportunities.
Blockchain in Direct Access Brokerage
Blockchain technology offers several potential benefits for direct access brokerage. Enhanced security is one of these benefits, as blockchain's immutable ledger improves the security of transactions and protects against fraud. Additionally, blockchain can increase transparency in the trading process, helping to build trust between brokers and clients. Blockchain technology also streamlines the settlement process, reducing costs and risks associated with clearing and settlement. The use of smart contracts allows for the automated execution of contracts based on predefined conditions, improving efficiency and reducing errors. Furthermore, blockchain facilitates the tokenization of securities, potentially increasing liquidity and accessibility in the market.
Combined Power of AI and Blockchain
The combination of AI and blockchain can create even more powerful solutions for direct access brokerage. For instance, AI-powered smart contracts can analyze market conditions and trigger automatic trades based on predefined parameters, which are then executed through smart contracts on the blockchain. In the realm of decentralized finance (DeFi), AI and blockchain enable the creation of new financial products and services, such as decentralized exchanges and lending platforms. Moreover, AI can be used to analyze blockchain data to identify suspicious activities and patterns, significantly improving fraud detection and prevention.
Challenges and Considerations
While AI and blockchain offer significant potential, there are challenges to overcome. One such challenge is data privacy, as handling large amounts of data requires robust data protection measures. Another important consideration is regulatory compliance, given the evolving regulatory landscape for AI and blockchain. Technological complexity is also a challenge, as implementing these technologies requires specialized expertise and significant investment. Finally, market adoption is still in its early stages, and widespread adoption of AI and blockchain in the financial industry will require further development and acceptance.
Choosing the Right Direct Access Broker
Selecting the right direct access broker is crucial for optimizing your trading strategy. Consider factors such as:
- Platform Features: Ensure the broker offers the advanced tools and real-time data feeds required for your trading strategy.
- Fees: Evaluate the total cost, including commissions, platform fees, and data feed subscriptions.
- Customer Support: Reliable customer service is essential, particularly when dealing with complex trading systems.
- Regulatory Compliance: Verify that the broker complies with relevant regulations, ensuring a secure trading environment.
Regulatory Considerations for Direct Access Brokers
Direct access brokers operate within a complex regulatory framework designed to protect investors and maintain market integrity. Key regulations such as FINRA’s Order Handling Rules and the SEC’s Regulation NMS (National Market System) impact how orders are routed and executed. Compliance with these regulations is critical, particularly as the regulatory environment evolves to address concerns over market manipulation, cybersecurity, and transparency.
Recent regulatory developments have imposed stricter reporting requirements and more rigorous oversight of trading activities. This has led to increased scrutiny of high-frequency trading (HFT) practices, including issues like spoofing and quote stuffing. Additionally, regulators are focusing on best execution practices, ensuring that traders receive the best possible price for their orders.
Emerging regulatory trends include:
- Increased focus on cybersecurity: As cyber threats evolve, regulators are imposing stricter cybersecurity standards to protect investor data and prevent market disruptions.
- Expanded oversight of algorithmic trading: Regulators are paying closer attention to the risks associated with algorithmic trading, including systemic risk and market manipulation.
- Enhanced consumer protection: Efforts to protect retail investors from complex financial products and misleading practices are ongoing.
- Global regulatory cooperation: As financial markets become increasingly interconnected, international cooperation on regulatory matters is essential.
Direct access brokers must stay informed about these evolving regulatory trends and adapt their business practices accordingly. Failure to comply with regulations can result in significant penalties and reputational damage.
It's important to note that the regulatory landscape is dynamic. Brokers should regularly monitor regulatory developments and seek guidance from legal and compliance professionals to ensure ongoing compliance.
Examples of Advanced Trading Tools and Securities
Direct access brokers offer a suite of advanced trading tools designed for professional traders. These include algorithmic trading platforms, access to Level II market data, and sophisticated charting software. Platforms such as Interactive Brokers' Trader Workstation (TWS) and DAS Trader Pro provide a comprehensive toolset that includes customizable dashboards, advanced order types, and API integration for automated trading strategies.
Direct Access Trading Platforms
Choosing the right direct access trading platform is crucial for aligning with your trading strategy. Platforms like Lightspeed Trader and Sterling Trader Pro are renowned for their fast execution speeds, deep customization options, and robust toolsets tailored for active traders. These platforms typically feature integrated algorithms, real-time data analytics, and extensive risk management tools, making them indispensable for professional traders. Explore these options and consider how they can enhance your trading performance. Additionally, staying informed on emerging regulatory trends and their potential impact on direct access brokers is vital for maintaining compliance and maximizing trading efficiency. Consult with a financial advisor or conduct thorough research to select the best direct access broker for your needs.
We have conducted extensive research and analysis on over multiple data points on Direct Access Brokers to present you with a comprehensive guide that can help you find the most suitable Direct Access Brokers. Below we shortlist what we think are the best direct access brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Direct Access Brokers.
Reputable Direct Access Brokers Checklist
Selecting a reliable and reputable online Direct Access 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 Direct Access more confidently.
Selecting the right online Direct Access trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Direct Access broker has a solid track record of at least two years in the industry.
- Verify that the Direct Access broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Direct Access broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Direct Access broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Direct Access brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Direct Access broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Direct Access Brokers in Our Brokerage Comparison Table
When choosing a broker for direct access trading, it's essential to compare the different options available to you. Our direct access brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each direct access broker.
- The funding methods available for direct access with each broker.
- The types of instruments you can trade with each direct access broker, such as forex, stocks, commodities, and indices.
- The trading platforms each direct access broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each direct access broker affects the cost of trading.
- The level of customer support each direct access broker offers, including their availability, responsiveness, and quality of service.
- Whether each direct access broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a direct access broker that best suits your needs and preferences for direct access. Our direct access broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Direct Access Brokers of 2025 compared
Here are the top Direct Access Brokers.
Compare direct access brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a direct access broker, it's crucial to compare several factors to choose the right one for your direct access needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are direct access brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more direct access brokers that accept direct access clients.
| Broker |
IC Markets
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XTB
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Pepperstone
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FP Markets
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Admiral
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ThinkMarkets
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FXPrimus
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forexmart
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Eightcap
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Forex.com
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IG
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| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | 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) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | SCB (Securities Commission of The Bahamas) (SIA-F220), ASIC (Australian Securities and Investments Commission) (391441), FCA (Financial Conduct Authority) (921296), CySEC (Cyprus Securities and Exchange Commission) (246/14) | CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD | FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) |
| Min Deposit | 200 | No minimum deposit | No minimum deposit | 100 | 1 | 50 | 15 | 15 | 100 | 100 | No minimum deposit |
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| Used By | 200,000+ | 1,000,000+ | 400,000+ | 200,000+ | 30,000+ | 450,000+ | 300,000+ | 10,000+ | 80,000+ | 454,000+ | 313,000+ |
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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, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | 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) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView | MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play |
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| Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with pepperstone |
Sign
Up with fpmarkets |
Sign
Up with admiralmarkets |
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Up with thinkmarkets |
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Up with fxprimus |
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Up with forexmart |
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Up with eightcap |
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Up with forexcom |
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Up with ig |
| Risk Warning | Losses can exceed deposits | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. |
| Demo |
IC Markets Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
FXPrimus Demo |
ForexMart Demo |
Eightcap Demo |
Forex.com Demo |
IG Demo |
| Excluded Countries | US, IR, CA, NZ, JP | US, IN, PK, BD, NG , ID, BE, AU | 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, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | RU | US | BE | US, BE, FR, IN, IL, PL, ZW |
All Direct access brokers in more detail
You can compare Direct Access 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 Direct Access Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Direct access brokers below.
Direct Access Brokers Table of Contents
- Direct Access Brokers Explained
- 6 Factors to Consider when Choosing Direct Access Brokers
- Are Your Direct Access Brokers Trusted And Established?
- Are The Direct Access Brokers World Leading?
- What are the Direct Access Brokers Commissions and Fees?
- What are the Direct Access Brokers Funding and Withdrawl Methods?
- Find Direct Access Brokers with Round-the-clock support?
- Make sure the Direct Access Brokers Offer Comprehensive Trader resources?
- Why Direct Access Brokers needs to be regulated?
- Direct Access Brokers FAQ
- What are the best Direct access brokers?
- What is the best Direct acc broker?
- Related Direct Access Brokers Reviews
- Related Direct Access Brokers Alternatives
- Related Direct Access Brokers Comparisons
Direct Access Brokers Explained
Trading volatile financial markets with Direct Access Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Direct Access Brokers to ensure a successful trading experience.
Selecting Direct Access Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Direct Access markets effectively.
Reliability is key to gaining access to financial markets. Look for Direct Access Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Direct Access Brokers confidently.
6 Factors to Consider when Choosing Direct Access Brokers
Follow these five rules for selecting Direct Access Brokers that are right for you:
Are Your Direct Access Brokers Trusted And Established?
Search for a reputable Direct Access Brokers with a extensive proven track record for Direct Access, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Direct Access broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 23 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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XTB
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Pepperstone
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FP Markets
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Admiral
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ThinkMarkets
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FXPrimus
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forexmart
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2002 | 2010 | 2005 | 2001 | 2010 | 2009 | 2015 |
| Head Office | Australia | Poland | Australia | Australia | UK | London and Australia | Cyprus | Cyprus |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | 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) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize |
| Used By | 200,000+ | 1,000,000+ | 400,000+ | 200,000+ | 30,000+ | 450,000+ | 300,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | Yes | No | No | Yes | No | No |
| Learn More | Visit IC Markets | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit Admiral Markets | Visit ThinkMarkets | Visit FXPrimus | Visit ForexMart |
| Risk Warning | Losses can exceed deposits | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Your capital is at risk |
Are The Direct Access Brokers World Leading?
Opt for Direct Access Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Direct Access Brokers is XTB. XTB Segregates clients funds and offers over 6000 instruments.
| Broker |
IC Markets
|
XTB
|
Pepperstone
|
FP Markets
|
Admiral
|
ThinkMarkets
|
FXPrimus
|
forexmart
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 6000 | 1200 | 10000 | 8,000 | 4000 | 130 | 150 |
| 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, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | 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) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) |
| Excluded Countries | US, IR, CA, NZ, JP | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | 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, JP, SG, MY, JM, IR, TR | US, CAN, JP, BEL, RU | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | RU |
| Forex pairs offered | 61 | 57 | 70 | 70 | 40 | 40 | 45 | 100 |
| Forex pairs offered | 61 | 57 | 70 | 70 | 40 | 40 | 45 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 20 | 21 | 16 | 18 | 0 | 10 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes | No | Yes |
| Stocks Offered | 2100 | 1696 | 1100 | 10000 | 64 | 1500 | 60 | 53 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No | No | No |
What are the Direct Access Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Direct Access broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Direct Access broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
XTB
|
Pepperstone
|
FP Markets
|
Admiral
|
ThinkMarkets
|
FXPrimus
|
forexmart
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 0 | 0 | 100 | 1 | 50 | 15 | 15 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | No | No | Yes | Yes | Yes | Yes |
| Deposit Fees | No | No | No | No | Varies | No | Varies | No |
| CFD Commission Fees | Yes | Yes | Yes | Yes | Yes | No | No | Yes |
What are the Direct Access Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Direct Access Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Direct Access Brokers.
| Broker |
IC Markets
|
XTB
|
Pepperstone
|
FP Markets
|
Admiral
|
ThinkMarkets
|
FXPrimus
|
forexmart
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | No | No | No |
| Skrill | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Payoneer | No | Yes | Yes | No | Yes | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Direct Access Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Direct Access Brokers.
Direct Access Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Direct Access Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
XTB
|
Pepperstone
|
FP Markets
|
Admiral
|
ThinkMarkets
|
FXPrimus
|
forexmart
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
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|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, Spanish, Portuguese, Italian, French, Vietnamese, Thai, Chinese, Japanese, Arabic, Bulgarian, German | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |
| Learn More | Visit IC Markets | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit Admiral Markets | Visit ThinkMarkets | Visit FXPrimus | Visit ForexMart |
| Risk Warning | Losses can exceed deposits | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Your capital is at risk |
Make sure the Direct Access Brokers Offer Comprehensive Trader resources?
It's important to ensure your Direct Access Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and XTB collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Direct Access Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Direct Access Brokers.
Why Direct Access Brokers needs to be regulated?
Regulated Direct Access Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Direct Access Brokers.
Consumers are protected by Direct Access Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Direct Access Brokers is necessary to prevent fraud. The Direct Access Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Direct Access Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Direct Access Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
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 CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google PlayCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits