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DMA Account


Seyyub

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Hi @Seyyub,  the main benefits are the Level 2 data which shows depth of market as in orders on the price ladder, large numbers of resting orders at certain levels are essentially look forward support and resistance levels. The other main advantage is as the name suggests direct market access so the DMA platform finds other buyers and sellers rather than solely going through IG. Spreads will be more lesser or greater depending on who are exchanging contracts with.

 https://www.ig.com/uk/l2-trading-platform

 

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