What are DMA brokers?

DMA (direct market access) is a non-dealing desk (NDD) execution model that refers to providers who allow you to place buy and sell orders directly onto order books. As such, traders enjoy greater visibility of the market whilst interacting with financial market exchanges directly.

What is a direct market access (DMA) broker?

A direct market access (DMA) broker allows its clients to trade directly on the market without going through a third party. This means that clients have full control over their orders and can execute them at the best possible price. You are connected directly to the order book of an exchange and liquidity provider.

What is the best DMA broker for futures trading?

Saxo Markets is the best DMA broker for futures trading as they offer DMA futures on 300 contracts across 16 future exchanges. Saxo Markets has won ‘best futures broker’ in our awards three out of the past four years. For more information on futures trading platforms, you can compare futures brokers here.