IEXS Account Type
IEXS offers a Direct Market Access (DMA) account designed for traders seeking deep liquidity and maximum control over their trading strategies. This account type allows traders to execute orders directly on the exchange, bypassing intermediaries. Key features include access to real-time market prices, fast execution speeds, and the ability to trade a wide range of financial products, including securities, futures, forex, and commodities. Traders can also utilize a sophisticated FIX API to automate their trading strategies. Additionally, IEXS provides customizable pricing sourced from tier 1 banks and offers a high level of transparency and control over trades.
IEXS Broker Account Opening Process
To open a DMA account with IEXS, follow these steps:
- Visit the IEXS Website: Go to iexs.com to start the registration process.
- Fill Out the Registration Form: Provide personal details such as your name, email address, and phone number.
- Submit Identification Documents: Upload necessary documents for identity verification, such as a government-issued ID and proof of address.
- Complete Financial Information: Fill in details regarding your annual income, employment status, and trading experience.
- Fund Your Account: Choose from multiple deposit options available and fund your account to start trading.
- Access Trading Platforms: Once your account is funded, you can access various trading platforms offered by IEXS to begin trading.
Forex.com provides a DMA account that allows traders to directly trade with leading market makers and forex banks. This account type is best suited for serious traders looking for maximum transparency and control over their trades. Traders benefit from full market depth and the ability to execute trades without dealer intervention.
To open a DMA account with Forex.com, follow these steps:
- Visit the Forex.com Website: Navigate to forex.com to begin the account opening process.
- Complete the Registration Form: Provide essential personal information, including your country of residence, name, date of birth, and contact details.
- Submit Identity Verification Documents: Upload a government-issued ID and proof of residence, such as a utility bill.
- Fill Out Financial Information: Indicate your annual income, employment status, and trading experience.
- Fund Your Account: Follow the instructions provided via email to fund your account.
- Download Trading Platforms: Once your account is funded, download the trading platform of your choice to start trading.
Interactive Brokers Account Type
Interactive Brokers offers a DMA account that provides traders with direct access to various exchanges through its Trader Workstation platform. This account type is ideal for professional traders seeking advanced trading tools, low commissions, and a wide range of investment options.
Interactive Brokers Account Opening Process
To open a DMA account with Interactive Brokers, follow these steps:
- Visit the Interactive Brokers Website: Go to interactivebrokers.com to start your application.
- Complete the Online Application: Fill out the required personal information, including your name, address, and contact information.
- Provide Financial Information: Disclose your financial situation, trading experience, and investment objectives.
- Upload Identification Documents: Submit a government-issued ID and proof of address for verification.
- Fund Your Account: Choose a funding method and deposit the required minimum amount to activate your account.
- Access Trading Platforms: Once your account is approved and funded, download the Trader Workstation or use the web-based platform to start trading.
IG Account Type
IG offers a DMA account that provides deep liquidity, full market visibility, and advanced execution capabilities. This account type is suitable for traders looking for direct access to the underlying market prices without dealer intervention.
IG Broker Account Opening Process
To open a DMA account with IG, follow these steps:
- Visit the IG Website: Navigate to ig.com to begin your registration.
- Fill Out the Registration Form: Provide your personal details, including your name, email address, and phone number.
- Submit Identification for Verification: Upload a government-issued ID and proof of address to verify your identity.
- Complete Financial Information: Indicate your trading experience, financial situation, and investment goals.
- Fund Your Account: Choose from various deposit methods to fund your account.
- Start Trading: Once your account is funded, you can access IG's trading platforms to begin trading.
DMA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .