We found 11 online brokers that are appropriate for Trading DMA Forex Brokers Investment Platforms.
DMA is an acronym for direct market access. It is related to order execution and typically a DMA trading account is provided to premium or institutional clients. This means the DMA Forex brokers mostly require a significant deposit amount to start trading. To some extent, DMA shares similar features to STP (Straight-Through Processing).
The term DMA or direct market access is used in financial markets in which the investors are allowed to work on their orders directly without the involvement of the market maker on the order book. It is based on electronic trading and the transaction costs are low as only the technology is paid for, not oversight responsibilities or order management.
Traders in DMA systems enjoy more control over their order executions and they can exploit liquidity as well as price opportunities quickly. The information can be provided due to anonymous trading and using the identity of DMA providers.
Financial institutions that act as middlemen in securities markets are core liquidity providers. Their task is to buy large volumes of securities from other institutions that issue them and distribute the securities to financial institutions that sell them to retail investor accounts. The process of a liquidity provider buying and distributing securities shares in the market is facilitated by electronic communication networks brokerage firm.
A liquidity provider is also known as a market maker. Common financial institutions that classify as liquidity providers are banks that finance equity or debit transactions or underwrite them and make a market or provide assistance in trading securities. The top liquidity providers play a huge role in the foreign exchange market and trade stocks.
Forex DMA is also addressed as FX DMA and it is an electronic system that matches the Forex orders from investors with bank market maker prices. DMA Forex brokers provide FX DMA infrastructure consisting of an API or FIX user interface that determines both the availability of quantitative data and price from various bank contributors.
Below are some of the primary benefits of FX DMA:
DMA Forex brokers are non-dealing desk (NDD) brokers as the traders can directly execute orders onto the order books and enjoy more visibility of the market. The DMA system never relies on orders aggregation over-the-counter (OTC). This means the traders can choose their own prices.
DMA execution takes place with liquidity providers. With direct market access, DMA brokers are directly in-line with inter-banks. It makes DMA trading transparent which is ideal for traders interested in the forex market as it also offers maximum control. A few online broker firms offer direct market access to traders that seek more exposure to the financial market exchanges to trade forex or to trade stock.
Direct market access is the bridge that connects all financial market participants and exchanges to complete the final transactions. These financial market exchanges include financial instruments from the stock market, forex market, commodities and complex instruments such as contracts, CFD trading, and derivatives.
Common exchanges where the final transaction is completed include the New York Stock Exchange, Australian Securities Exchange, and London Stock Exchange. Direct access to the securities exchanges means stock trading is transparent and offers control. This applies to forex trading as well.
Institutional investors who trade on the behalf of others use hedge funds in DMA share trading. It forms a DMA account controlled by a single investor hedge fund with a portfolio that ultimately manages it all.
Retail investors do not have direct access to exchanges. Although they execute trades, it is fulfilled by a DMA broker who has access to the exchanges. In this way, trade order execution reaches the final end of the stock exchanges and is recorded in books as well.
Brokers that provide direct market access are best suited for retail and institutional investors interested in trading forex. DMA trading allows full transparency and control to traders as they submit their proposals directly and manage their transactions independently. This eliminates the market maker and liquidity provider's spread bets. There is no strict commission fee when it comes to DMA brokers either, though the best DMA broker would require an adequate rate of minimum deposit for services. Such as trading instruments.
Be sure to choose a regulated broker as there is a high risk of losing money rapidly if an unlicensed brokerage firm offers assistance.
DMA is only one of the three broker models in the business. Others include STP and ECN.
STP brokers use the Straight Through Processing model in forex trading which is fully automated. STP trading is run fully automated, there is no Desk Dealing involved. STP trading process is carried out electronically which ensures zero human error and reduces the chances of mishaps.
ECN brokers use an electronic communication network to provide traders with access to interbank forex market participants. Pricing and execution of forex trades take place on an ECN trading platform. ECN uses the No Dealing Desk model as the brokers are the middlemen between traders and the forex market in online trading.
The market is crowded with a number of DMA Forex brokers and choosing one is not easy. Certain factors need to be considered to find one of the best, and these are shown below.
The first factor is the technology offered by the broker to trade. It should be a robust platform as the traders directly connect with liquidity providers. Fast order routing is the key here. Next to check is the market access as not all the DMA Forex brokers offer every market. It is important to identify your requirements first and thereafter look for a broker.
Apart from these two, the cost factor is important to consider. It is important to negotiate with the broker on the commission rate as it is not fixed and differs across brokers.
You should look for an online DMA broker that provides narrow spreads on the marketplaces that you trade on. This is because spread is the primary method by which most online brokers generate revenue.
Finally, it is essential to only deal with a regulated broker to avoid getting scammed. Non-regulated and non-reputable brokers may claim tons of benefits; however, they should be avoided. A licensed broker can offer you peace of mind.
It is essential to only work with the best DMA broker who features all the top trading tools and trading platforms. Tools such as trading spread bets and gauge market sentiment indicators need to be included. Professional traders and alike need the best online broker that is regulated and consists of legitimate licensing as well. Retail investor accounts lose money due to unregulated and scheming brokers that may not be fully licensed by proper authority.
Below are the best DMA brokers worth looking up for trading:
*You capital is at risk. 74-89 % of retail investor accounts lose money when trading CFDs. Losses can exceed deposits.
IC markets offer financial services in trading currencies, stocks, commodities, futures, bonds and more. The firm has a solid reputation and is a great start for active traders and those that require DMA.
CFDs on indices, commodities, equities, futures, bonds, and crypto are just some of the markets that are made accessible by IC Markets. IC Markets also offers a wide variety of other markets accessible through DMA trading. Spreads begin at 0 pip spreads, and execution speeds are some of the fastest available to traders online, which is why they are so popular with experienced traders. The best trading platforms cTrader, MT4, and MT5 are the trading platforms that are accessible to IC Market customers looking for DMA access.
XTB are a leading firm that offer a variety of financial services in Forex, securities, and complex instruments. XTB has the leading xStation5 trading platform offering over 5,200 tradable assets including stocks, Forex, commodities, crypto. XTB are know for their low spreads and great customer service. The firm also provides DMA as well along with the execution, clearance and settlement of trades.
FP Markets is a leading CFD broker offering DMA and high leverage. FP Markets have direct access to some major liquidity providers and have fast order execution speed. FP Markets offers over 10,000 stock related financial instruments to trade with spreads as low as 0 pips and a $100 min deposit trading requirement.
Pepperstone is a leading CFD broker offering DMA and high leverage. Pepperstone have a low minimum deposit requirement offer ECN and DMA and allow trading in Forex, commodities, crypto, stocks and indices. Pepperstone are known for very low spreads. Pepperstone also has VIP DMA accounts for high volumne traders.
The term DMA refers to direct market access. The name suggests a trader can have access to the market without the intervention of market makers, and yes, this is absolutely true. It is important to note that DMA is only recommended for active traders with large volumes as it is not suitable for small traders.
We have conducted extensive research and analysis on over multiple data points on DMA Forex Brokers to present you with a comprehensive guide that can help you find the most suitable DMA Forex Brokers. Below we shortlist what we think are the best DMA Forex Brokers Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching DMA Forex Brokers.
Selecting a reliable and reputable online DMA Forex Brokers Investment Platforms 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 DMA Forex Brokers Investment Platforms more confidently.
Selecting the right online DMA Forex Brokers Investment Platforms 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 DMA Forex Brokers Investment Platforms trading, it's essential to compare the different options available to you. Our DMA Forex Brokers Investment Platforms 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 DMA Forex Brokers Investment Platforms broker that best suits your needs and preferences for DMA Forex Brokers Investment Platforms. Our DMA Forex Brokers Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top DMA Forex Brokers Investment Platforms.
Compare DMA Forex Brokers Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a DMA Forex Brokers Investment Platforms broker, it's crucial to compare several factors to choose the right one for your DMA Forex Brokers Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are DMA Forex Brokers Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more DMA Forex Brokers Investment Platforms that accept DMA Forex Brokers Investment Platforms clients.
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IC Markets
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XTB
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Pepperstone
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FP Markets
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Admiral
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ThinkMarkets
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FXPrimus
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forexmart
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Eightcap
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Forex.com
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IG
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | SCB (Securities Commission of The Bahamas) (SIA-F220), ASIC (Australian Securities and Investments Commission) (391441), FCA (Financial Conduct Authority) (921296), CySEC (Cyprus Securities and Exchange Commission) (246/14) | CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD | FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) |
Min Deposit | 200 | No minimum deposit | No minimum deposit | 100 | 1 | 50 | 15 | 15 | 100 | 100 | No minimum deposit |
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Used By | 200,000+ | 1,000,000+ | 400,000+ | 200,000+ | 30,000+ | 450,000+ | 300,000+ | 10,000+ | 80,000+ | 454,000+ | 313,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView | MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play |
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Learn More |
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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 admiralmarkets |
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Up with thinkmarkets |
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Up with fxprimus |
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Up with forexmart |
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Up with eightcap |
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Up with forexcom |
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Up with ig |
Risk Warning | Losses can exceed deposits | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
Demo |
IC Markets Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
FXPrimus Demo |
ForexMart Demo |
Eightcap Demo |
Forex.com Demo |
IG Demo |
Excluded Countries | US, IR, CA, NZ, JP | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | RU | US | BE | US, BE, FR, IN, IL, PL, ZW |
You can compare DMA Forex Brokers Investment Platforms 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 DMA Forex Brokers Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top DMA Forex Brokers Investment Platforms below.