Trade directly into the order books of major equity exchanges
- Other markets
- IG services
- Trading platforms
- IG analysis
Trade shares with DMA and get execution into multiple liquidity venues, including broker and MTF dark pools, dedicated market makers, exchange and MTF-lit trading venues.
View pricing from global exchanges and MTFs as well as a hybrid view for a consolidated picture of the order book.
We recommend DMA only for advanced traders. It’s suitable for those looking to trade market depth with algorithms and traders looking to participate in the pre-market and post-market auctions.
Our only charges are a small commission – the same as an OTC trade.
Depending on the exchange you wish to view or trade on, you may be liable to pay data fees. These fees are refunded if you’re a frequent trader.
Under the terms of our customer agreement, we will also pass on to you any transaction costs, such as stock borrowing fees, which we incur as a result of your transaction.
Our pricing technology is engineered to find the best available prices on both OTC (over-the-counter) and DMA. This means that DMA prices are not necessarily better than OTC, but direct access to the markets can give you greater visibility and flexibility as a trader.
There are many added complexities to the trading environment and there can be an increased risk. As we take a parallel position in the underlying market, DMA traders need to be aware that once an order has been executed we are unable to change or reverse the position.
It is important to note that while you are trading based on underlying market prices and depth, what you actually receive on placing a trade is a CFD from us. It works like this:
So while you are trading at market prices, you do not gain any ownership rights over the currencies which form the subject of your CFD.