We found 11 online brokers that are appropriate for Trading Direct Access.
Best Direct Access Brokers Guide
Direct Access Brokers
Direct access brokers are different from traditional brokerages. They are perfect for traders who need to
execute high speed trades.
With traditional brokers, trading is delayed as access to the market goes through a third party and is not
direct.
Trading orders first goes to the broker and thereafter are passed on to a market maker.
The role of the market maker to find a counter party on the exchange.
This is a lengthy process when compared to direct access brokers who execute trades directly.
Lets explain direct access brokers in more detail and why they are comparatively better.
Direct Access Brokers Benefits
Day traders use direct access brokers.
Having direct access allows day traders to take better advantage of fluctuations in market prices during
the day. Even those who wish to trade in volume, use direct access brokers.
Below are some of the reasons:
Speed execution
The first factor that is considered is the speedy execution of the trades. With the help of direct access
brokers, traders can easily move in and move out of positions faster than a traditional brokerage.
Real market monitoring
A clear picture of the real market is revealed. The order book comes in real-time and traders can see the
investors who are trading big volumes and also on which exchanges they are trading.
Real-time information helps traders with their investment strategies.
Discounts on volume
Often low commission is charged if high volume trading takes place.
Target order
As the orders with direct access brokers do not go to trading desks, traders can choose the target.
Direct Access Brokers Benefits
Here are some benefits of dealing with direct access brokers.
Low commissions
Certainly direct access brokers charge fewer commissions compared to traditional brokers but investors
need to trade in high volume.
Accurate pricing
For day traders the delay in the quotes may turn dangerous. This is the reason direct access brokers
provide accurate price data in real-time.
Customer service
The direct access brokers know how to serve their customers. However, it is still advised to choose such
a broker who has a good reputation in serving the customers.
Platform
It is important the platform provided by the direct access brokers should be the best and have the trading
tools and resources that match your investment strategy.
Direct Access Brokers Verdict
Traders get good control of their trades when using direct access brokers, this is the reason many are
able to trade at the best possible price.
The trading process is speedy with direct access brokers.
Commissions and fees charged by direct access brokers are much lower than the traditional brokers.
We've collected thousands of datapoints and written a guide to help you find the best Direct Access Brokers for you. We hope this guide helps you find a reputable broker that matches what you need.
We list the what we think are the best direct access brokers below. You can go straight to the broker list here.
Reputable Direct Access Brokers Checklist
There are a number of important factors to consider when picking an online Direct Access trading brokerage.
Check your Direct Access broker has a history of at least 2 years.
Check your Direct Access broker has a reasonable sized customer support of at least 15.
Does the Direct Access broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
Check your Direct Access broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
Does your Direct Access broker have an international presence in multiple countries. This includes local seminar presentations and training.
Make sure your Direct Access can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering Direct Access Brokers.
We compare these features to make it easier for you to make a more informed choice.
Minimum deposit to open an account.
Available funding methods for the below Direct Access Brokers.
What you are able to trade with each brokerage.
Trading Platforms offered by these brokers.
Spread type (if applicable) for each brokerage.
Customer support levels offered.
We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Direct Access Brokers of 2021 compared
Here are the top Direct Access Brokers.
Compare Direct Access Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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
Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
Cyprus Securities and Exchange Commission (CySEC)
Australian Securities and Investments Commission (ASIC)
Min Deposit
200
No minimum deposit
100
200
100
100
1
No minimum deposit
No minimum deposit
1
100
Funding
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Used By
60,000+
250,000+
10,000+
10,000+
10,000+
150,000+
10,000+
239,000+
10,000+
10,000+
10,000+
Benefits
Allows scalping
Allows hedging
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Guaranteed stop loss
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Guaranteed stop loss
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Accounts
Demo account
Mini account
Standard account
Zero spread account
Raw Spread account
Islamic account
Pro account
Demo account
Micro account
Mini account
Standard account
Islamic account
Demo account
Mini account
Standard account
Zero spread account
ECN account
Managed account
Islamic account
Demo account
Mini account
Standard account
ECN account
Islamic account
Demo account
Micro account
Mini account
Standard account
ECN account
Managed account
Islamic account
Demo account
Mini account
Standard account
ECN account
Islamic account
Demo account
Micro account
Mini account
Standard account
Zero spread account
ECN account
Islamic account
Demo account
Mini account
Standard account
Demo account
Micro account
Mini account
Standard account
ECN account
Islamic account
Demo account
Standard account
ECN account
Islamic account
Demo account
Mini account
Standard account
Zero spread account
ECN account
Spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
Platforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps
MT4, MT5, Tablet & Mobile apps
MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
82% 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
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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
74% of retail investor accounts lose money when trading CFDs with this provider
Losses can exceed deposits
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.
AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA
US, IN, PK, BD, NG , ID, BE
US, JP, NZ
BR, KR, IR, IQ, SY, JP, US
AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.
BE
No
US, BE, FR, IN, IL, PL, ZW
US, JP
US
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.
Trading the financial markets with Direct Access Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Direct Access Brokers
is the platform that a Direct Access Brokers offer.
Choose Direct Access Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Direct Access Brokers that you can rely on.
6 Factors to Consider when Choosing Direct Access Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Direct Access Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets.
The top rated Direct Access broker is
IC Markets.
Established in 2007, and in operation for 12 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
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
XTB
was established 2002, and in operation for 16 years
XTB
have a head office in Poland.
XTB
is regulated. This means XTB are supervised by and is checked for conduct by
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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
Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
82% 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
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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
74% of retail investor accounts lose money when trading CFDs with this provider
Are The Direct Access Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader.
IC Markets Segregates clients funds and offers over 232 instruments.
IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, IC Markets supports many popular third-party trading platforms enabling access to a
variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy.
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 4000 instruments.
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps
Excluded Countries
US
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
US, JP, NZ
BR, KR, IR, IQ, SY, JP,US
AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC.
BE
Forex pairs offered
65
50
60
70
45
80
Forex pairs offered
65
50
60
70
45
80
Major forex pairs
Yes
Yes
Yes
Yes
Yes
Yes
Minor forex pairs
Yes
Yes
Yes
Yes
Yes
Yes
Exotic forex pairs
Yes
Yes
Yes
Yes
Yes
Yes
Cryptocurrencies (availability subject to regulation)
Yes
Yes
Yes
Yes
No
Yes
Commodities Offered
19
21
18
16
0
12
Metals
Yes
Yes
Yes
Yes
Yes
Yes
Energies
Yes
Yes
Yes
Yes
Yes
Yes
Agricultural
Yes
Yes
Yes
No
No
Yes
Stocks Offered
110
1696
10000
60
60
4500
UK Shares
No
Yes
Yes
No
Yes
Yes
US Shares
Yes
Yes
Yes
No
Yes
Yes
German Shares
Yes
Yes
Yes
Yes
No
Yes
Japanese Shares
Yes
Yes
Yes
No
No
Yes
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.
What are the Direct Access Brokers Funding and Withdrawal Methods?
When dealing with Direct Access Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
Find Direct Access Brokers with Round-the-clock support?
Customer service is very important when dealing with Direct Access Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services.
It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Direct Access Brokers customer support 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.
82% 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
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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
74% of retail investor accounts lose money when trading CFDs with this provider
Make sure the Direct Access Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools.
With a wealth of knowledge from top analysts, IC Markets and
XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important,
along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation.
As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as
selecting the best broker to access the markets.
Why do Direct Access Brokers need to be regulated?
A regulated Direct Access broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Direct Access brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated.
This amounts to fraud if client money is used to conduct the business.
Regulation is required to make sure this does not happen.
IC Markets was established in 2007 and is used
by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies.
Cryptocurrency availability with IC Markets is subject to regulation.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
XTB was established in 2002 and is used
by over 250000+ traders. 82% 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. XTB offers Forex, CFDs, Cryptocurrency.
Cryptocurrency availability with XTB is subject to regulation.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Pepperstone was established in 2010 and is used
by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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
Forex.com was established in 1999 and is used
by over 150000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies.
Cryptocurrency availability with Forex.com is subject to regulation.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
IG was established in 1974 and is used
by over 239000+ traders. 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. IG offers Forex, CFDs, Spread Betting, Share dealing.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
ForexMart was established in 2015 and is used
by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4,WEB,desktop
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
The best Direct acc broker is IC Markets. We consider
IC Markets one of the best Direct access brokers because IC Markets is actively
used by over 60000 active traders.
IC Markets ia regulated by tier 1 financial regulators including Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). IC Markets were founded in 2007 and have a headquarters in Australia. You can open a live trading account with IC Markets with as little as a 200 min deposit.
Related Direct Access Brokers Reviews
Read our reviews on our Direct Access Brokers listed above. You can read our indepth Direct Access Brokers reviews below.
If you feel some of the above Direct Access Brokers are not quiet what you are looking for or perhaps you would just like to see some alternatives.
See our highly rated list of Direct Access Brokers alternatives below.
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Read some Direct Access Brokers VS pages below.