Click here to trial our CFD trading platform for free.

Accendo Markets is an award winning derivatives brokerage based in the City of London.

Direct Markets Access (DMA),  also referred to as Level 2 or L2 trading lets you view extensive pricing data and market depth from a variety of exchanges. Using the Level 2 data you can gauge market sentiment and liquidity to improve your trading decisions. It also allows you to place orders at any level and potentially within the spread when trading DMA CFDs, as well as acting as a price maker.

With this free demo CFD trading platform, you will receive:

• Live price data and charting software
• Trading functionality
• Trade shares, commodities or currencies using CFDs
• Demo money to trade the financial markets, risk free

There is no charge for this trial nor are credit/debit card details required.

Why is this offered free?

We hope you find the demo useful and that it will encourage you to make Accendo Markets your trading provider of choice.

If you like the demo, you can open a live online trading account with live stock prices. As a client, you will have access to the platform to trade with real money. There is no charge for the CFD platform demo trial, which will simply end if you choose not to become a trading client.

At Accendo Markets we provide online trading services and technologies to clients wishing to trade DMA CFDs and spread bet on a range of assets, including shares, commodities, indices and currencies.

Click here to trial our CFD trading platform for free.

When applied to Contract for Difference (CFD) trading, Direct Market Access (DMA) describes a type of trading that allows traders direct access to the underlying market, for example the stock market. Instructions are sent straight to the exchange with no dealer intervention implying transparency. Because a DMA provider allows direct access to markets by the trader, all trades are hedged. This type of CFD dealing, often referred to as DMA CFDs, is becoming increasingly popular in Europe.

Direct Market Access offers CFD traders all the benefits of trading with conventional securities but with the added advantage of leverage gained by margin trading. Without Direct Market access a trader is only allowed to buy a share at the set offer price but Direct Market Access allows CFD traders to place an order for a share wherever they want to, including within the spread. Therefore, DMA CFDs give the trader the ability to join the bid or offer queue, and participate in the true market depth of the underlying stock.

Direct Market Access CFD providers can offer a wide range of additional underlying markets, although not all DMA. Traders wishing to trade forex, commodities or indices will need to make use of a market maker provider as Direct Market Access trading is only suitable for stocks. However, they are ideally suited to high capital traders who wish to personally execute trades in the underlying market.

DMA CFD trading has the advantage of giving traders the opportunity to enter or exit trades at a better price giving them an advantage over traders using a market maker. When a DMA CFD trader inputs an order it is immediately reflected on the exchange and therefore affects the price of the share that the CFD is based on. Thus, DMS CFD traders are said to be ‘price makers’ as they have the ability to directly influence the market.

For a nominal monthly fee, it is possible for CFD traders trading via direct market access to subscribe to exchange market data. Traders subscribing to exchange market data have access to real time quotes and statistics, allowing them to see how many buyers and sellers there are at each individual price level. They will also have access to the order queues, enabling improved execution. If you want to take advantage of small price changes fast (for example day traders or scalpers making frequent deals) then trading CFDs using a direct market access model is an ideal trading tool.

Click here to trial our CFD trading platform for free.

You can trade CFDs through award winning Accendo Markets, where we offer the best online trading platforms along with personal service, if it is personal service you want.