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L2 Dealer

Trade shares or forex CFDs straight through the order books of international exchanges.

Why trade on L2 Dealer?

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.

Time your entry


Use volume metrics to assess an underlying market’s liquidity.

Benefit from anonymity


Take a position anonymously and slice large orders into tranches to hide your full size.

What is L2 Dealer?

L2 Dealer is a Direct Market Access (DMA) platform offered by IG Singapore 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.

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.

Trade these markets on L2 Dealer

Shares

Take a position on shares with no dealer intervention. You’ll benefit from direct pricing and order book visibility.

Forex

Connect directly to the liquidity pools of major banks and liquidity providers.

Register for L2 dealer

Costs of trading on L2 Dealer

You won't pay for direct market access to trade CFDs on forex and shares. However, you’ll need to pay a monthly exchange fee to access live DMA prices for some shares. All charges are GST inclusive where applicable.

Compare L2 Dealer to other platforms

Compare the platforms and their features to decide which ones suit your needs.

FAQs

Are there any cons to using L2 Dealer?

Yes, as a result of interacting directly with order books, you’ll miss out on our best execution. 

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

Learn more about DMA and how you can access it with IG.

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Experience enhanced technical analysis with TradingView.