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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Silver trading platform

L2 Dealer

L2 Dealer is our direct market access (DMA) platform. On L2 Dealer, you’ll be able to trade share or forex CFDs, or trade shares outright, straight through the order books of international exchanges.

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Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Why trade on L2 Dealer?

View the full order book
Compare market sentiment
Time your entry

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 from a wide range of order types
Benefit from anonymity
Enter auctions

Choose from a wide range of
order types

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, especially if it could affect market prices.

Enter auctions

Increase your chances of getting the best prices by entering auctions.

Is L2 Dealer right for me?

Our L2 platform is for people who are looking to interact directly with the order books of major exchanges. As a result, you’ll miss out on our best execution, but you will benefit from a range of other metrics that experienced traders and investors find useful, which are mentioned in the section above.

This means that L2 Dealer is not recommended for beginner traders or investors. If you’re new to the markets, consider trying our award-winning desktop trading platform instead.1

What can you trade on L2 Dealer?

You can trade share or forex CFDs on L2 Dealer, or you can invest in shares directly.

DMA for shares

DMA for shares means you can take a position on shares with no dealer intervention. You’ll benefit from direct pricing and order book visibility.

You’ll be able to see a market’s full depth from a range of providers and trading venues –including the London Stock Exchange.

To take a position on shares with DMA, you can either:

DMA for shares img
DMA for forex img

DMA for forex

DMA for forex lets professional traders speculate on key currency pairs with CFDs. Our forex DMA offering is called Forex Direct, and while it’s available on the L2 Dealer platform, it’s not appropriate for – or available to – all of our L2 clients.

With Forex Direct, you’ll be connecting to the liquidity pools of major banks and liquidity providers – executing your FX trades directly into their order books in our name.

L2 Dealer: our exclusive DMA platform

L2 Dealer is our DMA platform – enabling you to trade CFDs on shares or forex, or invest in shares outright, directly through exchange order books.

Get Level 1 and Level 2 data

Level 1 data will give you pricing directly from an exchange.

Level 2 data gives you everything you get with Level 1, plus you get to see the exchange order book – so you can gauge current market sentiment.

What is L2 Dealer?

L2 Dealer gives you exclusive access to both Level 1 and Level 2 pricing.

So, you’ll be able to get pricing data directly from an exchange, while also being able to interact directly with the order book.

This has a range of benefits, like letting you view underlying market liquidity, enter auctions, and giving you access to sophisticated order types.

L2 Dealer features

  • Never miss a beat with in-platform news and analysis
  • Keep on top of market movements with customisable alerts

Get newsfeeds from Reuters, real-time charts, and market commentaries from within the L2 Dealer platform.

This means you won’t need to have your eyes on multiple things at once – with L2 Dealer, it’s all in one place.

Get newsfeeds from Reuters, real-time charts, and market commentaries from within the L2 Dealer platform.

This means you won’t need to have your eyes on multiple things at once – with L2 Dealer, it’s all in one place.

Set alerts to notify you when your pre-determined market conditions are met.

Our alerts can be set to monitor bid and ask levels, net price change and percentage price change.

Set alerts to notify you when your pre-determined market conditions are met.

Our alerts can be set to monitor bid and ask levels, net price change and percentage price change.

Open an account to access L2 Dealer

Open an account to access L2 Dealer

Fast execution on a huge range of markets

Enjoy flexible access to 17,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app*

Feel secure with a trusted provider

With more than 45 years years of experience, we’re proud to offer a truly market-leading service

*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2023.

Open an account to access L2 Dealer

Open an account to access L2 Dealer

Fast execution on a huge range of markets

Enjoy flexible access to 17,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app*

Feel secure with a trusted provider

With more than 45 years years of experience, we’re proud to offer a truly market-leading service

*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2023.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

How to get started with L2 Dealer

L2 Dealer is for experienced traders. If that’s you, here’s how to get started:

  • Shares
  • Forex
  1. Learn more about shares DMA
  2. Decide whether you want to trade share CFDs or invest in shares directly
  3. Open a trading account or stock trading account
  4. Fill in the form below to get your L2 Dealer download link

If you already have an account, log in here.

Register for L2 dealer

  1. Learn more about forex DMA
  2. Available for professional clients only
  3. Check to see if you qualify for a professional account
  4. Fill in the form below to get your live L2 Dealer download link

If you already have an account, log in here.

Register for L2 dealer

  • Shares
  • Forex

You’ll need a live account to trade or invest in shares. To start trading with L2 Dealer, you need to follow these steps:

  1. Open a trading account (to trade share CFDs) or a stock trading account (to invest in shares directly)
  2. Fill in the form below to get your L2 Dealer download link

If you already have an account, log in here.

Register for L2 dealer

You’ll need a live account to trade forex. To start trading with L2 Dealer, you need to follow these steps:

  1. Open a trading account
  2. Fill in the form below to get your L2 Dealer download link
  3. This account type is available for professional clients only

If you already have an account, log in here.

Register for L2 dealer

  • Shares
  • Forex
  1. Learn more about shares DMA
  2. Fill in the form below
  3. Get your L2 Dealer download link by filling in the form below
  4. Log in to trade or invest in shares on L2 Dealer

If you haven’t got an account, you can open one here.

Register for L2 dealer

Download and install L2 Dealer using the link below.

Once you have installed the application, you can log in with your usual details.

Please note you will be unable to log into the platform unless you have registered for L2 access.

Download L2 Dealer manual (PDF, 3.5MB)

If you haven’t used L2 dealer before, we recommend reading the platform guide, as L2 offers a range of useful features that it’s well worth knowing about.

  1. Learn more about forex DMA
  2. Fill in the form below
  3. Get your L2 dealer download link by filling in the form below
  4. This account type is available for professional clients only

If you haven’t got an account, you can open one here.

Register for L2 dealer

Download and install L2 Dealer using the link below.

Once you have installed the application, you can log in with your usual details.

Please note you will be unable to log into the platform unless you have registered for L2 access.

Download L2 Dealer manual (PDF, 3.5MB)

If you haven’t used L2 dealer before, we recommend reading the platform guide, as L2 offers a range of useful features that it’s well worth knowing about.

How does DMA work?

DMA works by giving you direct access to our L2 order book, which shows the full depth of a market. You’ll be able to see and interact with an exchange’s order book – so you’ll get direct pricing and the ability to see what other market participants are up to.

You can access DMA on shares with us by trading share CFDs or investing in the shares directly through stock trading. For forex, you’ll need to check if you qualify for a professional account, because our Forex Direct offering on L2 Dealer is only available to pro traders.

What is Level 1 and Level 2 market access?

Level 1 and Level 2 market access are what you get when you use our L2 Dealer platform. Level 1 enables you to get pricing directly from an exchange – cutting out the middleman. You’ll also benefit from smart order routing (SOR), which sources the best possible price for you from multiple exchanges.

Level 2 market access gives you everything Level 1 does, plus you get to see and interact directly with the exchange order book – so you can determine whether the market sentiment for a particular share or forex pair is currently bullish or bearish. And, you’ll be able to gauge underlying liquidity and volume metrics – maximising the chances that you’ll be able to find someone to fill the other side of your position.

FAQs

What are the technical requirements for L2 Dealer?

L2 Dealer requires the Microsoft .NET Framework 2.0 installed on your computer.

When you install L2 Dealer the program will automatically check for this, and prompt you to install the .NET framework if required.

If you would prefer to install the .NET framework independently, it can be downloaded from Microsoft here.

What markets can I trade on L2 Dealer?

With us, you’ll be able to trade share CFDs or invest in shares directly on L2 Dealer. Professional clients can also trade forex on L2 Dealer.

What are the ways to trade on L2 Dealer?

You can trade on L2 Dealer by speculating with CFDs. This is available for shares and forex, but our forex offering on L2 Dealer is only available to pro traders. If trading with CFDs isn’t for you, you can also invest in shares outright on L2 Dealer.

What is DMA trading?

DMA stands for direct market access, and it lets experienced traders interact directly with the order book of an exchange. With us, this can be 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 – and you’ll be trading with CFDs.

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* Best trading app as awarded at the ADVFN International Financial Awards 2020.
1 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019.