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 – July 01, 2025

Direct Access Brokers

Direct access brokers provide traders with the ability to execute trades directly on market exchanges, bypassing intermediaries that often introduce latency. This direct market access (DMA) is crucial for traders using high frequency and algorithmic trading strategies where milliseconds can make the difference between profit and loss (for example, executing a buy order at 10:00:00.002 vs. 10:00:00.010 can yield very different fills in a fast moving stock).

Unlike traditional brokerage models, where orders pass through several stages starting from submission to a broker, routing to a market maker, and finally execution on an exchange direct access brokers allow for immediate order execution. For instance, a scalper placing a marketable limit order on the CME futures market can see fills in under a millisecond, reducing delays and slippage that would occur if routed through multiple desks.

These brokers primarily serve experienced traders and day traders who demand rapid execution, sophisticated trading tools, and the ability to implement complex strategies. However, the industry is evolving, and some direct access brokers now offer educational resources and intuitive interfaces (e.g., interactive tutorials on order types and paper trading simulators) to attract less experienced investors. This evolution provides a pathway for new traders to develop skills and gradually access more advanced trading features.

This article explores the distinct advantages and potential drawbacks of using direct access brokers for Direct Access trading, highlights trading strategies that benefit most from DMA, and reviews the advanced features these platforms offer to traders seeking speed and precision.

Direct Access Trading: Who Benefits Most?

Direct access brokers are tailored mainly for experienced traders, including day traders, high frequency traders (HFTs), and algorithmic traders who require ultra fast execution and advanced trading tools to handle complex and high volume strategies efficiently. These traders rely on the speed and precision that direct market access provides to capitalize on fleeting market opportunities (for example, arbitrage between the NASDAQ and NYSE).

However, some direct access platforms have adapted to attract less experienced investors by offering simplified interfaces and educational resources. Novice traders can start with a guided dashboard that explains each order type with examples, such as placing a stop limit order to buy 100 shares of stock only if it dips below a specified price. Many brokers also offer customizable content and tools, allowing traders to adjust the platform according to their skill level from beginners seeking guidance to professionals needing sophisticated capabilities.

DMA trading

Direct Access Trading: Key Benefits of DMA Brokers

Speed Execution

Direct access brokers are built to deliver exceptionally fast order execution, significantly outperforming traditional brokers in this area. This rapid execution is essential for strategies like scalping and arbitrage, where traders open and close positions within seconds to capture small price movements (for example, capturing a $0.01 bid ask spread on highly liquid ETFs dozens of times per day). The ability to place orders directly on exchanges minimizes delays and slippage, providing a crucial advantage in fast moving markets.

Real Market Monitoring

These brokers provide real time market data with detailed features such as Level II quotes and full order book visibility. For example, a trader can see the top 10 bid and ask prices for Apple shares and track incoming order flow to anticipate price moves. This granular insight into market depth allows traders to develop and execute highly precise strategies, making informed split second decisions based on the most current information available.

Advanced Order Types

Direct access brokers support a broad range of sophisticated order types, including limit orders, stop orders, trailing stops, iceberg orders, and various algorithmic orders (e.g., VWAP or TWAP). This flexibility enables traders to implement complex strategies efficiently such as slicing a large block order into smaller child orders to minimize market impact bypassing the need to route orders through traditional desks and allowing for greater control over execution.

Expanded Trading Options

With direct access brokers, traders gain access to a wider array of securities, including international stocks, futures, options, and other derivatives not always available through conventional brokers. For instance, a trader can simultaneously trade Eurodollar futures on Eurex and S&P 500 futures on CME, broadening trading opportunities and diversification possibilities.

Discounts on Volume

Active traders often benefit from tiered commission structures that reduce trading costs as volume increases. For example, commissions might start at $0.005 per share for the first 10,000 shares traded in a month and drop to $0.003 for volumes above 50,000 shares. These volume discounts make DMA brokers an attractive and cost effective option for traders executing high frequency or large volume strategies.

Cost Considerations

While direct access brokers typically offer lower per share commissions, traders should be aware of additional fees such as platform subscriptions (e.g., $150/month for a professional grade trading workstation), market data feeds (e.g., $10/month per exchange), and advanced tool charges. For those trading at lower volumes, these costs can offset commission savings, so it is important to evaluate the total cost of trading like comparing $0.005/share commissions plus $200 in monthly fees versus a $7 flat fee per trade to ensure it aligns with one’s strategy and frequency.

Direct Access Trading: Risk Management Tools

Direct Access Brokers

The fast paced nature of direct market access trading carries inherent risks, making robust risk management tools essential. DMA brokers often equip traders with advanced solutions to help control and mitigate these risks effectively.

Stop Loss Orders

Stop loss orders automatically trigger the sale of a security once it reaches a predetermined price, helping traders limit potential losses. For example, setting a stop loss at 5% below the entry price on a volatile biotech stock can protect against sudden adverse moves. This tool is vital for protecting capital in volatile markets and managing downside risk.

Trailing Stops

A trailing stop is a dynamic order that moves with favorable market price changes, locking in profits while still providing a safety net against sudden adverse movements. For instance, a trailing stop set at $0.50 below the market price of a fast moving currency pair will automatically adjust upward as the price rises, helping traders maximize gains while controlling risk.

Real Time Risk Analytics

Advanced DMA platforms offer real time risk analytics such as value at risk (VaR) metrics and margin monitoring. For example, a dashboard might update a trader’s portfolio VaR every second and alert them if it exceeds a 2% threshold. These features allow traders to continuously assess their portfolio exposure and maintain integrity during rapid market fluctuations.

Position Sizing Calculators

Position sizing calculators assist traders in determining optimal trade sizes based on their account balance, risk tolerance, and market volatility. For example, a calculator might recommend trading no more than 1% of one’s account on a single stock if its average true range suggests high volatility. This ensures that no single trade disproportionately risks the overall portfolio.

Risk Parity and Stress Testing

Features like risk parity allocation and stress testing enable traders to diversify capital efficiently across assets and simulate adverse market conditions such as a 20% drop in equities or a sudden spike in interest rates. These tools help prepare portfolios for potential downturns by assessing the impact of various scenarios.

Risk management

Direct Access Trading: Psychological Aspects

The high pressure environment of direct access trading can profoundly affect a trader's decision making. While the opportunity for rapid profits exists, it is matched by the risk of swift losses, which often leads to increased stress and impulsive decisions. Maintaining discipline for example, following a pre defined trading plan with entry, exit, and stop loss rules is essential for success in this fast paced arena.

Effectively using risk management tools also helps manage emotional responses and protect capital. For traders new to direct access platforms, beginning with smaller trade sizes such as 10 contracts instead of 100 on a futures contract and gradually increasing exposure can help build confidence and reduce psychological strain over time.

Real World Direct Access Trading Examples

High Frequency Trader

Last winter, I built a simple scalping bot on Interactive Brokers’ Trader Workstation (TWS) API. Over a four month stretch from November 2024 to February 2025, I executed roughly 300 trades per day on highly liquid tech names like Apple and Microsoft. Thanks to the sub millisecond execution speed and colocated servers, I managed to capture tiny bid ask spreads consistently, netting about an 8% gain on my small 5 figure account. During the January Fed rate decision flash rally, my scripts automatically re priced orders in under 0.0008 seconds something I simply couldn’t have done through a conventional broker interface.

Swing Trader

In March 2025, when Nvidia surged on its AI earnings beat, I used Lightspeed Trader’s desktop platform to set up layered limit orders around key support levels. The low latency execution meant I could adjust my entry from $680 to $684 within milliseconds when the initial breakout failed. Over that one month move, my swing positions climbed roughly 12%. I distinctly remember cancelling and re submitting orders so fast that my old broker would still have been routing through a market maker.

Algorithmic Trader

Earlier this spring, I rolled out a mean reversion strategy via a direct access broker’s REST API. By pulling Level II data every 50ms and auto balancing positions in S&P 500 futures, I generated about 4% alpha over six weeks despite the volatile meme stock mania in April 2025. The tight integration and consistent sub milliseconds fills meant my model reacted to GameStop’s sudden 15% intraday swings without manual intervention, a true testament to DMA’s reliability for data driven strategies.

Direct Access Trading: Potential Drawbacks

Increased Risk from Rapid Decision Making

Direct access trading demands quick decisions. I once had an automated stop loss triggered during the late May 2025 biotech flash drop before I could verify the news headline resulting in a 2% loss on that single position. When markets swing instantly, there’s no time to pause and rethink.

Complexity and Learning Curve

The array of advanced order types and API settings can be intimidating. In January, I misconfigured an iceberg order and accidentally revealed my full size in the order book, which moved the market against me. Getting comfortable with DMA tools took me several months of back testing and paper trading.

Higher Costs for Infrequent Traders

While commissions may be low per share, I found that my occasional exploratory trades roughly ten each month incurred more in platform fees and real time data subscriptions (about £120/month) than I saved in commissions. At that volume, a £7 flat fee broker would have been cheaper.

Market Impact and Slippage Risks

When I attempted to buy 8,000 shares of a thinly traded energy stock last April, the direct order book impact pushed the price up by over 3¢ per share before my order filled eroding most of the expected profit. Large sizes in illiquid names remain risky, even with DMA.

Need for Advanced Risk Management

Direct market access exposes traders directly to market volatility. After a server glitch on my co located VM in February, I implemented an automated “kill switch” that halts all trading if daily P&L swings exceed 1.5%. Without these safeguards, a single errant algorithm could wipe out weeks of gains.

DMA trading with AI

Direct Access Trading: Key Strategies

Direct Access Trading vs. Traditional Brokers: Pricing Models

When comparing pricing models between direct access and traditional brokers, it is important to consider commissions, platform fees, data subscriptions, and order routing costs. Direct access brokers typically charge per share (e.g., $0.004–$0.007 per share), which benefits high volume traders, but they also impose monthly fees for advanced platforms (e.g., $150–$200) and real time data ($10–$30 per feed). Traditional brokers usually charge flat fees per trade (e.g., $5–$10) and include basic platform access and data without extra charges.

Cost Component Direct Access Brokers Traditional Brokers
Commissions Charged per share, e.g., $0.005 per share (equivalent to $50 for 10,000 shares) Flat fee per trade, typically $6.95
Platform Fees Monthly fees ranging from $50 to $200 for access to advanced trading platforms and tools Generally included at no extra cost
Data Feeds Additional subscriptions required, typically $15 to $50 per month for real time, Level II, and full order book data Basic real time data usually included without extra fees
Order Routing Fees May charge fees for customized routing options, allowing control over specific exchanges or market centers Typically not applicable or included in overall commissions

Technological Advancements in Direct Access Brokerage

Artificial Intelligence (AI)

The integration of AI in direct access brokerage is reshaping how traders operate. AI enables predictive analytics by analyzing large volumes of market data to forecast price movements, improving decision making. It powers algorithmic trading by executing complex strategies at high speeds and helps with real time risk management by assessing portfolio risk dynamically. AI driven chatbots and virtual assistants enhance the user experience by delivering instant market insights and trade execution. Additionally, AI conducts sentiment analysis on news and social media to identify emerging trading opportunities.

Blockchain Technology

Blockchain offers enhanced security through its immutable ledger, reducing fraud and improving transaction integrity. It also increases transparency in trade processes, fostering trust between brokers and clients. Blockchain streamlines settlement and clearing, lowering costs and risks. The use of smart contracts automates contract execution based on preset conditions, improving efficiency and minimizing errors. Furthermore, blockchain enables tokenization of securities, which can boost liquidity and market accessibility.

Synergies Between AI and Blockchain

The combination of AI and blockchain creates powerful capabilities for direct access brokerage. AI powered smart contracts can autonomously analyze market data and trigger trades, executing them securely on the blockchain. In decentralized finance (DeFi), these technologies enable new financial products like decentralized exchanges and lending platforms. AI also enhances fraud detection by analyzing blockchain data to spot suspicious patterns.

Challenges and Considerations

Despite their potential, AI and blockchain face challenges. Data privacy concerns require stringent protection measures, while regulatory compliance remains complex due to evolving rules around these technologies. The technical complexity demands significant investment and expertise for effective implementation. Lastly, market adoption is still nascent, requiring further development before these innovations become standard in direct access brokerage.

DMA Broker choosing

Direct Access: Choosing the Right Broker

Direct Access Platform Features

It is essential to select a broker that offers advanced trading tools and real time data feeds aligned with your specific trading strategy (e.g., Level II depth for scalping or integrated back testing modules for algorithmic setups). The platform should support fast execution, customizable interfaces, and seamless order routing to meet your trading needs.

Direct Access Fees

Assess the total cost structure, including commissions, platform fees, and subscriptions for market data (for example, $0.005/share plus $20/month for live quotes). A broker with competitive and transparent pricing will help optimize your trading profitability without unexpected expenses.

Direct Access Customer Support

Reliable customer service is vital, especially when operating complex direct access platforms. Look for 24/7 chat or phone support and dedicated technical engineers who can resolve issues like order routing errors or API downtime within minutes, minimizing downtime and potential trading losses.

Direct Access Regulatory Compliance

Ensure the broker adheres to relevant regulatory standards for instance, being FINRA registered and SEC compliant to provide a secure and trustworthy trading environment. Compliance reduces risks related to fraud and enhances overall confidence in the broker’s operations.

Direct Access: Regulatory Considerations

Direct access brokers operate under strict regulations like FINRA’s Order Handling Rules and the SEC’s Regulation NMS, which govern order routing and execution to protect investors and ensure market integrity. Compliance is essential as rules evolve to address market manipulation, cybersecurity, and transparency (e.g., recent SEC guidance on API audit trails).

Regulators are increasingly focused on cybersecurity, algorithmic trading risks, consumer protection, and international cooperation. For example, in May 2025 the SEC issued new vendor security requirements for live data feeds. These trends demand brokers maintain robust security measures and transparent practices.

Staying updated with regulatory changes such as upcoming MiFID II adjustments and working closely with legal experts is crucial to avoid penalties and safeguard reputation in this dynamic environment.

Direct Access: Advanced Trading Tools & Securities

Direct access brokers provide a range of advanced trading tools tailored for professional traders. These include algorithmic trading platforms (e.g., Python based strategy runners), access to Level II market data, and sophisticated charting software with on chart order entry. Platforms like Interactive Brokers' Trader Workstation (TWS) and DAS Trader Pro offer customizable dashboards, advanced order types (iceberg, fill or kill), and API integration for seamless automated trading.

Direct Access Trading Platforms

Selecting the right platform is essential to match your trading style. Renowned platforms such as Lightspeed Trader and Sterling Trader Pro deliver ultra fast execution speeds (sub millisecond), deep customization (drag and drop workspace layouts), and robust toolsets for active traders. Features like integrated algorithms (VWAP, TWAP), real time data analytics (VaR monitoring), and comprehensive risk management (auto kill switches) make these platforms indispensable. Staying updated on regulatory changes is also critical to ensure compliance and optimize trading efficiency. Always research thoroughly or consult a financial advisor to choose the best broker and platform for your needs.

Direct Access Brokers Verdict

Choosing the right direct access broker is essential for any trader aiming to benefit from fast execution speeds, advanced trading tools, and greater control over order routing. These brokers offer powerful platforms like IC Markets that support sophisticated strategies such as algorithmic trading and high frequency trading. However, they come with higher costs in the form of platform fees and data subscriptions, which means they are best suited for experienced traders who can fully utilize their capabilities.

Having traded with direct access brokers for several years, I can attest that the ability to send orders directly to exchanges with fills often in under a millisecond transforms how you execute high frequency or algorithmic strategies. I’ve seen tiny timing differences (for example, orders sent at 10:00:00.002 vs. 10:00:00.010) translate into noticeably different execution quality, especially when scalping tight bid ask spreads on ultra liquid instruments.

What really stands out is the combination of advanced order types and real time market data. By using iceberg orders or VWAP algorithms alongside full order book snapshots, I’ve been able to slice large positions into child orders, limit market impact, and pivot instantly when conditions change something far more cumbersome with a traditional broker routing through multiple desks.

That said, DMA platforms come with a learning curve and ongoing costs. Between platform subscriptions, exchange data fees, and the need to manage your own risk safeguards (stop losses, P&L kill switches, position sizing calculators), it pays to start small. My own journey began with paper trading simulators and tutorials before scaling into real capital and that gradual approach was key to mastering both the technology and the psychology of direct access trading.

Technological advancements such as AI driven analytics and blockchain integration are rapidly transforming direct access brokerage, enabling smarter decision making and increased transparency. While these innovations hold great promise, the evolving regulatory environment requires brokers and traders alike to stay vigilant about compliance and risk management to protect investments and maintain market integrity.

From my experience, the key to succeeding with a direct access broker lies in understanding the balance between the benefits of speed and precision against the challenges of cost and complexity. With proper research, discipline, and the right tools, direct access brokers can significantly enhance trading performance and open new opportunities that traditional brokers may not provide.

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:

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.

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 XTB Pepperstone FP Markets Admiral ThinkMarkets FXPrimus forexmart Eightcap Forex.com IG
Rating
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
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 200,000+ 1,000,000+ 400,000+ 200,000+ 30,000+ 450,000+ 300,000+ 10,000+ 80,000+ 454,000+ 313,000+
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
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • 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
  • Low min deposit
  • Guaranteed stop loss
  • 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
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
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
Support
  • Live chat
  • Phone support
  • Email support
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  • Email support
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  • Email support
  • Live chat
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  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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Risk Warning Losses can exceed deposits 69% - 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. 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
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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 List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ 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

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 69% - 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. 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, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by 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
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
Admiral
(3/5)
Min deposit : 1
Admiral Markets was established in 2001 and is used by over 30000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)
ThinkMarkets
(3/5)
Min deposit : 50
ThinkMarkets was established in 2010 and is used by over 450000+ traders. 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
FXPrimus
(3/5)
Min deposit : 15
FXPrimus was established in 2009 and is used by over 300000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)
forexmart
(3/5)
Min deposit : 15
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

Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize
Eightcap
(3/5)
Min deposit : 100
Eightcap was established in 2015 and is used by over 80000+ traders. Losses can exceed deposits Eightcap offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
Forex.com
(3/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 454000+ traders. 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. 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

Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 313000+ 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, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)

Learn more Learn more about IC Markets.
Losses can exceed deposits
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Losses can exceed deposits