CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

DMA trading

Get deep liquidity, full market visibility and advanced execution with direct market access (DMA), using our DMA shares and Forex Direct services.

Start trading today. Call +65 6390 5133 or email accountopening@ig.com.sg. We’re here 24 hours a day from 9am to 10pm (SG time), Sunday to Friday.

Contact us: +65 6390 5133

Start trading today. Call +65 6390 5133 or email accountopening@ig.com.sg. We’re here 24 hours a day from 9am to 10pm (SG time), Sunday to Friday.

Contact us: +65 6390 5133

Why use DMA with IG?

More liquidity

Trade on underlying market prices sourced from a range of global liquidity venues, including primary exchanges, multilateral trading facilities (MTFs), market makers and banks.

Market depth

Deal at the price you want, with full view of the best bid and offer price available – plus further prices on either side of the order book.

Order control

Take greater control of trade execution with advanced order types – including pegged, fill or kill, execute and eliminate, good for auction, percentage of volume and more.

After-hours CFD trading

Take full advantage of corporate earnings announcements by trading in the pre- and post-market on over 70 key US shares.

What DMA markets can I trade?

DMA shares

Trade shares with no dealer intervention, full market depth and access to dark liquidity pools, using share CFDs.

DMA forex

Trade currencies at the market price – and get liquidity from major providers – with Forex Direct, our DMA forex service.

Our DMA trading platforms

Mobile apps

Get DMA on the move with apps specifically developed for iOS smartphones and tablets.

API

Build your own DMA platform and automate your trading with our sophisticated FIX API.

L2 Dealer

Trade with professional tools on a customisable interface with L2 Dealer – our advanced DMA platform.

How much does DMA cost?

DMA prices are not necessarily better than OTC, as our pricing technology is engineered to find the best available prices for both. However, direct access to the markets can give you greater visibility and flexibility as a trader.1

Commission charges

Our only charges are a small commission – the same as an over-the-counter (OTC) trade.

Exchange fees

Depending on the exchange you want to view or trade on, you may be liable to pay data fees.

Other fees

You may have to pay transaction costs, such as stock borrowing fees.

Spreads

Your key payment for trading forex is the spread – the difference between the buy and the sell price – our charge for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX DMA av. spread*
EUR/USD 0.165
AUD/USD 0.295
USD/JPY 0.242
EUR/GBP 0.540
GBP/USD 0.589
EUR/JPY 0.678
USD/CHF 0.399

* Average spread (Monday 00:00 - Friday 22:00 GMT) from 12 weeks ending 19th March 2019. There is also a commission charge for Forex Direct.

Forex DMA Commission

Unlike OTC trading, there is no IG spread to pay. Instead we charge a variable commission – as low as USD10 per USD million worth of the currency traded. This charge is based on the volume you traded in the preceding month.

If your account is not denominated in USD, the commission will be converted into your base currency (at current exchange rates) before being deducted.

Size (millions of USD) Commission (USD per million)
1500+ 10
<1500 20
<500 30
<100 60


Open a DMA trading account in minutes

Open a DMA trading account in minutes

Fast execution on a huge range of markets

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

Start trading DMA in minutes

Start trading DMA in minutes

Fast execution on a huge range of markets

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

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.

What is DMA trading?

Direct market access (DMA) is a way of placing trades directly in the underlying market – whether that’s on the order books of an exchange or multilateral trading facility (MTF), or with another liquidity provider. DMA can give traders more flexibility and transparency, but it’s usually recommended for advanced traders only due to its complexity.

Try these next

Automate your strategies with algorithmic trading platforms like ProRealTime and MetaTrader4.

Your growth is our business. Access prime brokerage solutions designed for your organisation's needs.

We're clear about our CFD charges, so you always know what fees you will incur.

1 When you place your order we take a parallel position in the underlying market, so we can’t change or reverse your order once it’s been executed.