- Whats the example of DMA Forex account ? Whats the example of the broker ?
- How to register to DMA Forex Account ?
- Could we as retail trader could register to major bank to trade forex ?
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There is no such thing as DMA (direct market access) in forex.
DMA enables traders to submit buy or sell orders directly to the electronic order book of an exchange, bypassing all intermediaries.
The keyword here is “exchange”. Since the FX market is an OTC market and not an exchange-based market, you can’t have “direct market access” if there is no centralized market to directly access.
To learn more about how the FX market is structured, check out our lesson, Where Are Retail Forex Traders Actually Trading?