We found 11 online brokers that are appropriate for Trading Direct Access.
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.
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:
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.
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.
Often low commission is charged if high volume trading takes place.
As the orders with direct access brokers do not go to trading desks, traders can choose the target.
Here are some benefits of dealing with direct access brokers.
Certainly direct access brokers charge fewer commissions compared to traditional brokers but investors need to trade in high volume.
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.
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.
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.
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 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.
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:
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 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.
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.
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 | XTB | Pepperstone | FP Markets | NordFX | Admiral | ThinkMarkets | FXPrimus | forexmart | Eightcap | Forex.com |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC) |
Min Deposit | 200 | No minimum deposit | 200 | 100 | 1 | 200 | No minimum deposit | 100 | 1 | 100 | 100 |
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Used By | 180,000+ | 1,000,000+ | 400,000+ | 10,000+ | 10,000+ | 10,000+ | 500,000+ | 10,000+ | 10,000+ | 10,000+ | 200,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with pepperstone |
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Up with fpmarkets |
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Up with nordfx |
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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 |
Risk Warning | Losses can exceed deposits | 76-85% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 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. |
Demo |
IC Markets Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
NordFX Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
FXPrimus Demo |
ForexMart Demo |
Eightcap Demo |
Forex.com 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, EU, RU, SY, KP, CU | 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 |
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 2024 article further below. You can see it now by clicking here
We have listed top Direct access brokers below.