L2 Dealer
Trade stocks or stocks and forex CFDs straight through the order books of international exchanges.
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.
Why trade on L2 Dealer?
See all market prices
View every buy and sell price available in the market, not just the best ones.
Gauge market direction
See whether other traders are buying or selling.
Choose the perfect moment
Use trading volume information to find the best time to enter a trade.
Sophisticated orders
Choose from a wide range of order types
Benefit from anonymity
Keep your trading intentions private and split large trades into smaller ones to avoid affecting market prices.
Get better prices at market open and close
Participate in opening and closing market sessions where prices are often most competitive.
What is L2 Dealer?
L2 Dealer is a Direct Market Access (DMA) platform offered by IG UAE which gives you exclusive access to both Level 1 and Level 2 pricing.
It allows traders to place orders directly in the market’s order book, resulting in greater control, faster execution and transparency by providing real-time market depth and access to global exchanges.
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.
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.
Trade these markets on L2 Dealer
Take a position on stock CFDs with no dealer intervention. You'll benefit from direct pricing and order book visibility.
Trade physical stocks with direct access to international exchanges. Buy and sell stocks with our execution-only stock dealing service.
With Forex Direct, you’ll be connecting to the liquidity pools of major banks and liquidity providers.
How to access L2 Dealer
You'll first need to register for L2 Dealer by filling in the form and we'll send you a download link. Only pro clients can trade forex CFDs on L2 Dealer.
Fees for trading on L2 Dealer
You won’t pay for direct market access to trade CFDs on forex and stocks. However, you may need to pay a monthly exchange fee to access live DMA prices for some stocks. Standard commission charges apply and additional costs like stock borrowing fees may also apply.
Possible risks of DMA trading
While DMA trading offers enhanced control and transparency, it's important to understand the potential risks involved.
Complexity risk
DMA trading requires understanding market microstructure and order book dynamics, making it more complex than standard trading.
Technical challenges
Direct connection to markets depends on reliable internet and hardware performance, with potential for technical disruptions.
Market volatility exposure
During high volatility, liquidity can disappear quickly, potentially resulting in slippage or partial fills.
Compare L2 Dealer to other platforms
Compare the platforms and their features to decide which ones suit your needs.
FAQs
Is L2 Dealer suitable for beginners?
L2 Dealer is not recommended for beginner traders.
What is Forex Direct?
Our forex DMA offering is called Forex Direct which connects you to the liquidity pools of major banks and liquidity providers.
What is level 1 data?
Level 1 data will give you pricing directly from an exchange.
What is level 2 data?
Level 2 data gives you everything you get with level 1, plus you get to see the exchange order book.
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.
Try these next
Contact
New clients
+971 4559 2108
sales.ae@ig.com
Existing clients
+971 4559 2104
helpdesk.ae@ig.com
Phone lines open
24/7 except Sat 2am - 12pm (GMT+4)
Start a WhatsApp chat
WhatsApp line open
Monday-Friday
8am-5pm (GMT+4)
Connect with us
Disclaimers
- CFDs are complex 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. Professional Clients can lose more than they deposit.
- The value of shares and ETFs bought through an IG stock trading account can fall as well as rise, which could mean getting back less than you originally put in. Please ensure you fully understand the risks and take care to manage your exposure.
- IG does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. IG is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
- IG is a trading name of IG Limited a company registered at 2702 & 2703 Level 27, Tower 2, Al Fattan Currency House, DIFC, Dubai, United Arab Emirates. IG is authorised and regulated by the Dubai Financial Services Authority (DFSA) under reference No. F001780.
- The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UAE and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
