Over 40 years’ heritage
Over 185,000 clients worldwide
Over 15,000 markets

Downloadable DMA platform

Get direct access to shares and forex markets with L2 Dealer, our downloadable DMA platform

  • Shares DMA – Trade CFDs with no dealer intervention, full market depth and access to dark liquidity pools 
  • Forex Direct – Currency trading at the market price, with liquidity from major providers

Ready to start? Open an account and then register for L2 Dealer.

Is L2 Dealer for me?

L2 Dealer, our downloadable DMA platform, provides powerful, flexible DMA access for advanced traders.

  • Designed for our own traders, so it’s for people comfortable with the increased complexity of DMA trading

  • L2 Dealer gives you increased control over your CFDs

  • Specifically for traders who are happy to participate directly in the market

Improved liquidity and pricing

  • Market depth from a range of exchanges (including full market depth from the LSE)
  • Access to multiple liquidity venues including primary exchanges, market makers and Broker and MTF dark pools
  • Order books displayed by individual exchange or in an aggregated window for a consolidated view across all lit venues
  • Smart order-routing, which sources the best price from several trading venues, automatically

 

 

Professional order control

  • Wide range of available order types: pegged, fill or kill, execute and eliminate, good for auction and more
  • ‘Iceberg’ facility: break large shares orders into smaller tranches

 

 

Optimised, efficient share trading

  • No requotes or dealer-referred tickets
  • Ladder trading helps you place limit orders fast
  • Customisable, professional DMA interface
  • ‘One-click’ trading tools and integrated market alerts
  • Market-linked news feeds and live charts, that switch focus when you do

 

 

Does it cost extra?

L2 Dealer is free to download. However, depending on the exchange you wish to view or trade on, you may be liable to pay that exchange's data usage fees.

Contact us for more information on these costs plus commission and funding charges.

How does DMA work?

Our DMA service allows you to trade on underlying market prices and depth, but what you’ll actually receive on placing a trade is a CFD from us. It works like this:

  • DMA displays the best bid and offer price available for a particular market, plus further prices on either side of the order book
  • You place an order, and we instantaneously conduct a margin check to ensure you have sufficient funds to cover the margin on your proposed trade
  • If the margin check is satisfied we place an order in the market and, at the same time, create a parallel CFD between you and us

So while you’re trading at market prices, you won’t gain any ownership rights over the equities or currencies that form the subject of your CFD.

How do I get it?

To start trading with L2 Dealer, you need to follow these steps:

Open a CFD account with IG

Register for L2 Dealer below

Register for L2 dealer

  • Register

Already registered?

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

Download L2 Dealer manual (PDF, 3.5MB)

Technical requirements

Microsoft .NET framework

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.

Alternatively you can go to your computer’s Windows Update page (accessed from your Start menu or at Windows Update) and select .NET from the options in the ‘optional updates’ section.

Open an account now

There's no minimum balance to open an account, it takes less than five minutes, and there's no obligation to fund or trade.

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L2 installation

Start trading with L2 Dealer

To install the L2 Dealer, first install and run the Prerequisite (which may require Admin credentials). Then launch the 'clickonce' installer.

Contact us

We're here 24hrs a day Monday to Friday.

1800 601 734

You can also call +61 (3) 9860 1799
email helpdesk.au@ig.com or tweet us at @IGClientHelp