L2 Dealer

For professionals only. From 2 July 2018, regulatory interventions mean that certain products are unavailable to retail traders. As a result, we can only offer Forex DMA to professional traders. To find out more about this, and to check whether you are eligible for a professional account, please see our professional account page. 

Download our DMA platform to trade currency at market price, with liquidity from major providers. Specifically designed for use on our own trading floor, L2 Dealer provides powerful technology for experienced traders, including a customisable interface, advanced trading tools and live news feeds.

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What is L2 Dealer?

L2 Dealer, our downloadable DMA platform, enables advanced traders to participate directly in the forex market via our Forex Direct service. 

Details from L2, the trading platform that enables advanced traders to participate directly in the forex market | L2 Dealer

Improved liquidity and pricing

  • Connect to the liquidity pools of major banks and liquidity providers
  • Get a consolidated view across all our counterparties, with order books displaying aggregate quotes at each price level.
  • Benefit from tight institutional-tier spreads

Professional order control

  • Take advantage of an extensive range of order types: limit, stop, market, fill or kill, execute and eliminate

Enhanced trading technology

  • Avoid requotes or dealer-referred tickets
  • Use our Excel-compatible 'Watchlist Pro' function to place basket FX trades
  • Implement algorithms you’ve created in Excel to automate your trading with L2 Autotrade 
  • Place limit orders fast with ladder dealing 
  • Customise your DMA interface
  • Experience ‘one-click’ trading tools and integrated market alerts
  • Access market-linked news feeds and live charts that change as you navigate

What does it cost?

L2 Dealer is free to download for Forex Direct clients, provided you have a minimum account balance of £1000. 

Contact us for more information on these costs plus commission and funding charges.

How do I get it?

Trading with L2 Dealer is simple.

Step 1: Open an account with IG

Step 2: Register for L2 using our simple form

Step 3: Download the dealer1 

1For L2 Dealer to work, Microsoft .NET Framework 2.0 will need to be installed on your computer.