Direct Market Access (DMA) is direct access to the market: all orders are sent immediately to liquidity providers, without the intervention of a broker. DMA trading systems provide both participants in the market with access to extended pricing data. Traders are often able to view data from several global exchanges. DMA is very similar to STP, but traders get quotes from a much wider range of global banks and liquidity providers. This improves their ability to assess market liquidity. Choosing the best broker is crucial for a profitable and successful trading experience. In this section we list the Best DMA Forex Brokers.
GAIN Capital Holding's «Forex» is regulated by FCA in the UK and the respective regulatory agencies in the US (NFA), Japan, Hong Kong, Singapore, Cayman Islands, Australia and Canada. The broker is actively promoting its services in the Asian region. It is popular with beginners and advanced traders alike, with a proprietary platform FOREXTrader Pro that offers plenty of charting capabilities and intuitive trading.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: No \ Deposit: $/€/£ - 50
Darwinex, founded in 2012, opened an office in London and in 2013 received a work permit through Tradeslide Trading Tech Limited, an FCA registered company, which is certified throughout the EU through MiFID. This is a Forex broker and management company founded by Juan Colon, Javier Colon and Miguel Gonzalez. Management seeks to create an excellent platform without fraud. Currently, the company serves traders and investors from more than 100 countries and is a recognized trading provider.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500
The company provides traders with access to the financial markets, allowing them to trade thousands of assets. These financial assets include stocks, forex, cryptocurrencies, CFDs, commodities, and indices. IG has been known to provide top-notch services to their customers over the past few decades, allowing them to access effective trading tools, an economic calendar, market analysis, daily news, an intuitive trading platform, educational resources and other vital resources.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
IFC Markets provides its customers with financial instruments trading services both on organized trading floors and outside of them using NetTradeX trading platform and MetaTrader 4 and MetaTrader 5 platforms. The company strives for market leadership and provides its customers with the best service and trading conditions, largely being a pioneer in its field of activity.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
XTB Group is a world leader in Forex and CFD trading. They started out as X-Trade in 2002, then subsequently went through a merger to become XTB in 2004. They have offices in over 13 countries all over the world, and are regulated by the largest financial regulatory authorities in the world, including FCA in the UK, as well as national regulators in a range of other European countries.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 250
«TRADE» is one of the most prominent representatives of the CFD trading industry. He created a name and a strong reputation for honesty, excellent offer and product. Founded in 2009, «TRADE» provides its services from a head office located in Nicosia, Cyprus. A free set of trading platforms is provided for free, including MT4, MT5 and their own «TRADE» web application. Simple direct access to the market and direct processing on large exchanges and in liquidity pools means quick execution and low commissions.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 100
How to Choose the Best Broker?
Here we have provided a list of DMA Forex Brokers 2021 with all the significant comparison factors that will help you choose a reliable broker for trading. Moreover, depending on trading skills, different traders prefer different brokers. If you are a beginner who is trying to improve his technique, then characteristics such as reliability and a user-friendly interface are exactly what you need to look for. More advanced traders should also pay attention to good bonuses or intuitive platforms. To choose the most profitable platform and broker, make sure in each review of the broker and highlight the following features:
- Impeccable reputation. When it comes to the best brokers and platforms, reputation is everything. Our site exists to provide you with updated information about the best brokers who deserve your trust;
- Excellent reliability. This factor consists of 2 required things. First, the broker must be officially licensed by the authority of the state in which it is located. Secondly, a reliable broker is obliged to provide protection that covers both financial activities and personal data;
- Functional customer service. Brokers are not just websites, but platforms on which a lot of money is put. That is why customer service is mandatory, and the best brokers offer it around the clock and in several languages;
- Intuitive platform. Make sure that the tools used by the broker are simple and understandable so that you do not need to spend time understanding how they work;
- Good bonus system. Many recently created and fraudulent brokers choose a strategy to attract attention to the platform, offering incredibly huge bonuses. In some cases, this can be a trap. Not all brokers are as good and relevant as their bonus system. Just make sure the other features are in order. However, bonuses of brokerage companies have been and remain one of the most attractive parts of trading;
- Special amenities. Along with bonuses, there are some other additional amenities that you should look for as well. These include a personal account manager, an educational center for beginners, the ability to trade multiple assets, and so on.
Our goal is to provide information and brokerage reviews to help you make the right and deliberate choice. Be sure and consider our helpful tips to choose the best brokerage name on the list.