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'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.
There are a number of important factors to consider when picking an online Direct Access trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
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
Broker |
IC Markets
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XTB
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FP Markets
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Pepperstone
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FXPrimus
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Forex.com
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ThinkMarkets
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NordFX
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Axitrader
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forexmart
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Eightcap
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Rating | |||||||||||
Regulation | 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) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), 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 Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | 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 | No minimum deposit | 1 | No minimum deposit | 1 | 100 |
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Used By | 180,000+ | 250,000+ | 10,000+ | 10,000+ | 10,000+ | 150,000+ | 500,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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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, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4, Tablet & Mobile apps |
Support |
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Learn More |
Sign
Up with icmarkets |
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Up with xtb |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with fxprimus |
Sign
Up with forexcom |
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Up with thinkmarkets |
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Up with nordfx |
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Up with axitrader |
Sign
Up with forexmart |
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Up with eightcap |
Risk Warning | Losses can exceed deposits | 79% 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 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% 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 | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Pepperstone Demo |
FXPrimus Demo |
Forex.com Demo |
ThinkMarkets Demo |
NordFX Demo |
Axitrader Demo |
ForexMart Demo |
Eightcap Demo |
Excluded Countries | 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 | 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 | No | US, JP | US |
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 2021 article further below. You can see it now by clicking here
We have listed top Direct access brokers below.