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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Dedicated DMA platform
Get direct access to shares and forex markets with L2 Dealer, our downloadable DMA platform
- Shares DMA – Trade CFDs or use our share dealing service to trade 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. To trade with Forex DMA, you’ll need to qualify for an IG professional account
Ready to start? Open an account and then register for L2 Dealer using the form below.
Is L2 Dealer for me?
L2 Dealer, our downloadable DMA platform, provides powerful, flexible DMA access for advanced traders.
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Designed for our own traders, so it’s for people comfortable with the increased complexity of DMA trading
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L2 Dealer gives you increased control over your CFD and share dealing account trades
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Specifically for traders who are happy to participate directly in the market
Improved liquidity and pricing
- Greater liquidity on shares trading through access to primary exchanges, market makers, brokers and MTF dark pools
- FX trading via Forex Direct – connect to the liquidity pools of major banks and liquidity providers
- Market depth from a range of providers (including full market depth from the LSE)
- Order books displayed by individual exchange or in an aggregated window for a consolidated view across all lit venues
- Smart order-routing, which automatically sources the best price from several trading venues
Learn more about shares DMA and Forex Direct
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
Enhanced trading technology
- No requotes or dealer-referred tickets
- Ladder dealing 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
- Over-the-counter shares and forex trading also available
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:
Register for L2 Dealer using the form below
If you only hold a spread betting account with us and would like to open a CFD or share dealing account, log in to My IG, go to the ‘live accounts’ tab and click ‘add another account’.
Register for L2 dealer
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.
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
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
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
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
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
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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.
Help and support
Get answers about your account or our services.
Interested in opening an account with us? Call 0800 195 3100 or send an email to newaccountenquiries.uk@ig.com.
We’re available from 8am to 6pm (UK time), Monday to Friday
Want to check on your application’s progress? Email us at newaccounts.uk@ig.com.
