Recognised as an award-winning platform
Best Platform for the Active Trader and Best Multi Platform Provider, ADVFN International Financial Awards 2026. Voted Best Trading Platform, Good Money Guide Awards 2026.
Pricing and order book depth
What is Level 1 and Level 2 market access?
L2 Dealer gives you exclusive access to both Level 1 and Level 2 pricing.
Level 1 Data
Pricing directly from an exchange, plus smart order routing (SOR) which sources the best possible price for you across multiple exchanges.
Level 2 Data
Everything in Level 1, plus the ability to see and interact directly with the exchange order book, so you can gauge current market sentiment, liquidity and volume.
DMA for shares and forex
What can you trade on L2 dealer?
You can trade share or forex CFDs on L2 Dealer, or invest in shares directly.
DMA for Shares
Take a position on shares with no dealer intervention, with direct pricing and order book visibility across a range of providers and venues, including the London Stock Exchange. Trade share CFDs or invest in shares directly.
DMA for Forex (Forex Direct)
Our forex DMA offering, Forex Direct, lets professional traders speculate on key currency pairs with CFDs by connecting directly to the liquidity pools of major banks. FX DMA is only available to professional clients.
See the full picture
Why trade on L2 dealer?
Get a range of metrics that experienced traders and investors find useful.
View the Full Order Book
See every single bid and offer that's been made in a market.
Compare Market Sentiment
Assess whether other market participants are currently bullish or bearish before taking your position.
Time Your Entry
Use volume metrics to assess an underlying market's liquidity.
Choose Your Order Type
Deal with sophisticated order types which vary according to the exchange you're trading on.
Benefit From Anonymity
Take a position anonymously and slice large orders into tranches to hide your full size.
Enter Auctions
Increase your chances of getting the best prices by entering auctions.
Get started in 3 steps
How to get started with L2 dealer
Follow these steps to register for and start trading on L2 Dealer.
1. Open a Trading Account
Open a trading account or share dealing account with us.
2. Register for L2 Dealer
Fill in the form to get your L2 Dealer download link.
3. Download and Install
Download and install L2 Dealer using the link provided.
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Compare features and decide when to use a particular platform with our comparison table.
L2 dealer FAQs
L2 Dealer requires the Microsoft .NET Framework 2.0 installed on your computer, which the installer will prompt you to add if needed.
You can trade share CFDs or invest directly in shares on L2 Dealer. Pro clients can also trade forex.
You can trade on L2 Dealer by speculating with CFDs, available for shares and forex (forex is only available to pro traders), or you can invest in shares outright.
DMA stands for direct market access, letting experienced traders interact directly with the order book of an exchange for either shares or forex. With shares, you'll be trading CFDs or investing directly; for forex, you'll need to qualify for a pro account.