The Top Direct Access Market Brokers

These are the best brokers for DMA Trading

  • forex.com logo forex.com - Best Forex Trading With DMA
  • IG Markets IG - Top DMA Trading With Shares and Forex With L2 Dealer
  • hotforex logo HotForex - Good DMA Share Trading With MetaTrader 5
  • FP Markets FP markets - Best ECN Pricing To Match DMA Options
  • Pepperstone Pepperstone - Top Spreads With No Commissions
  • IC Markets IC Markets - Best Range Of Trading Platforms With ECN Pricing

FP Markets
IG
Pepperstone
IC Markets
Our Rating
8
6.67
9.17
6.83
FP Markets don't provide % of clients who lose money
76% of retail investor accounts lose money when
trading spread bets and CFDs with this provider
78.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd

Regulations and Licenses

Feature
FP Markets
IG
Pepperstone
IC Markets
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
Pending
FINMA (Switzerland)
CYSEC (Cypus)
FMA (New Zealand)
Dubai (DFSA)
BaFin (Germany)

Brokerage

Feature
FP Markets
IG
Pepperstone
IC Markets
EUR/USD Avg. Raw Spread
0.01
0.17
0.09
0.1
GBP/USD Avg. Raw Spread
0.2
0.6
0.38
0.4
AUD/USD Avg. Raw Spread
0.2
0.3
0.17
0.2
EUR/USD Standard Spread
1.2
0.86
0.69
1.1
EUR/USD Fixed Spreads
Commissions (USD Base)
USD $3.00
AUD/USD$3.50
$3.50
SGD 4.50
Commission Rebates
Minimum Deposit
$100
$450
AUD/USD $200
USD $200
Swap Free Account
No Inactivity Fees
Funding Methods
8
4
16
15
No Funding Fees

Markets and Instruments

Feature
FP Markets
IG
Pepperstone
IC Markets
Currency Pairs
61+
80+
66+
65+
Cryptocurrency CFDs
5+
5+
12
10+
Index CFDs
14+
34+
14+
16+
Share CFDs
12,986+
12000+
300+
100+
Commodities CFD
4+
38+
4+
19+
Stockbroking
Retail Max. Leverage
30:1 ASIC
30:1 Europe
500:1 International
30:1 (UK/Europe/Australia)
50:1 (US)
50:1 (Dubai)
30:1 (FCA/ASIC/BaFIN)
50:1 (DFSA)
200:1 (Other)
30:1 (Cysec/ASIC)
500:1 (International)
Professional Leverage
500:1
200:1
500:1
500:1

Trading Platforms + Tools

Feature
FP Markets
IG
Pepperstone
IC Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
ESMA regulated territories only
(Aust/Europe only)
(Aust/Europe only)
Demo Account
Unique Feature 1
Fastest Limit Order Execution Speed
Guaranteed stop loss orders
Smart Trader Tools
ECN pricing
Unique Feature 2
Low spreads
Range of platforms
Fast Execution Speed
No funding fees

Overall