Yes, Saxo provides DMA access to a wide range, but they may not be the best broker for direct market access. I would say that Saxo is the best DMA CFD broker for trading equities for the majority of retail traders. But, if you are a very advanced trader Interactive Brokers offer more execution functionality like the ability to trade pairs with a single click as a percentage or spread, as opposed to Saxo where you have to execute two individual buy and sell orders.
Saxo Markets DMA Trading Review
Name: Saxo Markets DMA Trading
Description: With Saxo Markets you can trade DMA stock CFDs, on-exchange futures and options with ultra-tight DMA spreads, with prices derived from a wide range of Tier 1 institutions.
64% of retail investor accounts lose money when trading CFDs with this provider
Summary
- DMA markets available: 9,000
- Minimum deposit: £1
- DMA account types: CFDs, futures & options, DMA, investing
Pros
- Professional DMA trading platform
- Good research and data
- Futures & options
Cons
- No DMA spread betting
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Pricing
(4)
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Market Access
(4.5)
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Online Platform
(4.5)
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Customer Service
(4)
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Research & Analysis
(4)
Overall
4.2- Expert opinion: Saxo Markets reviewed & rated
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
