DMA Forex brokers

 

 
Broker Type Minimum Deposit Max leverage Minimal Lot Spreads Lowest spreads EURUSD
XM Forex(Xemarkets) (Visit) STP+DMA $5 500 0.01 variable >1
Forex4you(Visit) STP+DMA & STP $1 500 0.0001 fixed & variable 2 – Mini & Standard
>0.5 – 1 – Pro
HotForex(Visit) ECN & STP+DMA $5 500 0.01 variable >
0.8 – Micro & Standard
0.6 – Currenex
FBS(Visit) STP+DMA & MM $5 500 0.01 fixed & variable 2 – Mini-
1 – 2 – Standard
RoboForex(Visit) ECN & STP+DMA & MM $10 500 0.01 fixed & variable 2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
IronFX(Visit) STP+DMA, STP & MM $500 500 0.01 variable >
0.8 – Mini
0.7 – Standard
Gallant Capital Markets (GCMFX)(Visit) ECN & STP+DMA $100 400 0.01 variable >
1.5 – Mini
1 – Standard
0.2 – ECN
Pepperstone(Visit) ECN & STP+DMA $200 400 0.01 variable >0.5 – Mini & Standard
>0.1 – ECN
IamFX(Visit) STP+DMA $100 400 0.01 variable >0.1 – 1.5
AAAFx(Visit) STP+DMA $300 200 0.01 variable >
1.5 – Mini & Standard
0.5 – Institutional
FXOptimax(Visit) STP+DMA & STP $10 500 0.01 fixed & variable 1.8-2
FXCM(Visit) ECN & STP+DMA $50 50 0.01 variable >
1.5 – Mini
1 – Standard
AxiTrader(Visit) STP+DMA $200 200 0.1 variable >1.4
GO Markets(Visit) STP+DMA $1 500 0.01 variable >1.5
Vantage FX(Visit) STP+DMA ?350 500 0.01 variable >0.5 – 2.3
Forex FS(Visit) STP+DMA $500 100 0.01 variable >3
UpFX(Visit) STP+DMA & STP $250 500 0.01 variable >
1.5 – Mini
1.2 – Standard
OctaFX(Visit) STP+DMA $5 500 0.01 variable >1.5
Pacific Financial Derivatives(Visit) STP+DMA $200 500 0.01 variable >
0 – Gold Zero Kiwi Trader
0.4 – 0.8 – other s
ThinkForex(Visit) ECN & STP+DMA $500 200 0.01 variable >1.5 – 2
AFX Capital(Visit) ECN & STP+DMA & MM $200 500 0.01 fixed & variable >
2 – Mini
1.6 – Standard (Classic)
0.7 – FAST
Axiory(Visit) STP+DMA $500 300 0.01 variable >1.9
Investorseurope(Visit) ECN & STP+DMA $250 400 0.1 variable >0.5 – 1.1
Renesource Capital(Visit) ECN & STP+DMA $500 100 0.1 variable >
1.2 – Mini
0 – Standard/ECN
Real-Forex(Visit) ECN & STP+DMA $2,000 200 0.1 variable >
1.6 – 1.8 – Mini
1.2 – 1.4 – ECN
FinFx(Visit) ECN & STP+DMA $150 300 0.1 fixed & variable 3 – Mini
>1.8 – Standard
>0.2 – ECN
Sunbird(Visit) ECN & STP+DMA $100 100 0.01 variable >
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
ActivTrades(Visit) STP+DMA & MM € 250 400 0.01 fixed & variable 2 – Standard
1.5 – Interbank

Forex DMA (direct market access) refers to electronic facilities that match foreign exchange orders from individual traders and buy-side firms with bank market maker prices. FX DMA infrastructures enables buy-side traders, both institutions in the interbank market and individuals trading retail forex, to trade in a transparent, low latency environment.

DMA – Direct Market Access:

  • No re-quotes.
  • Only 5 digit pricing
  • Only variable spreads
  • Anonymous platforms ensure neutral prices reflecting global FX market conditions.
  • Orders are facilitated by brokers. The broker is not a market maker or liquidity destination on the DMA platform it provides to clients.
  • Platforms build a fixed mark up into the client’s dealing price and/or charge a commission.
  • ECN brokers always offer DMA, but not all STP brokers offer DMA

Advantages of DMA

  • It offered the quickest route to market with little latency
  • It offered lower transaction costs.
  • It gives traders greater control over their own trading.
  • It enables trading on highly competitive prices on a fully transparent, anonymous, low latency platform

STP brokers with DMA:

  •  Have  a greater number of liquidity providers;
  •  Never offers fixed spreads, only variable
  •  Always Market execution;
  •  No re-quotes.
  •  Welcomes traders of all types and styles

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4 thoughts on “DMA Forex brokers

  1. Joelson Pessoa da Silva says:

    quero saber se zoom trader é registrada

  2. Garry says:

    Does dma/stp brokers allow news trading is there widening of spreads

  3. Victor says:

    fixed spreads –> least transparent

  4. Sam says:

    If you are swing and position traders,any type of broker is ok. If you are a scalper or daytrader you’d better use ecn or stp broker. Ecn is more expensive than stp. I always prefer dma/stp broker. When my account grow over 50000$, I will change to dukascopy,which I believe is the best ecn broker.