Whether they're DMA or not depends on the instrument. Shares generally are, indices and forex aren't. Anyone trading shares is mad imho not to go for direct access. Which one you go for depends on what you're looking to do - check out any data fees you'll be charged for different exchanges, and any platform fees first.
I recently joined IG Markets Level 2 platform. Generally seems to be OK except one trade last week wouldn't go through saying there were insufficient funds in my account when there was easily enough. On phoning up they said that it was a computer problem and once she reset it, it worked fine. It was bad because the market turned in my favour shortly after I tried to make the trade.
Anyway, no problems since then.
Tim.
whipsaw
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I can recommend IG too, best Price/ Value Ratio
Level 2 is their high volume trader LII/ DMA Platform - if i remember me correctly there exist several requirements (volume, deposit) to use it.
But PureDeal (DMA Level 1) is good enough for that business the majority is interested in.
Contingent Orders, 1 click trading etc. All in all a nice toy.
other DMA providers are GNI Touch, Saxobank, City Index, Global Trader ....
Level 2 is their high volume trader LII/ DMA Platform - if i remember me correctly there exist several requirements (volume, deposit) to use it.
But PureDeal (DMA Level 1) is good enough for that business the majority is interested in.
Contingent Orders, 1 click trading etc. All in all a nice toy.
other DMA providers are GNI Touch, Saxobank, City Index, Global Trader ....
lucas_king
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I am a fan of IG's platform, Can't be beat in my opinion.
neil
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Why - can you elaborate ?
lucas_king
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Extremely simple to use. Has access to three exchanges, (LSE, BATS and CHi-x), so not just the LSE . Get access to dark pool liquidity. Easy to see P&L.
