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Trading Glossary

Direct Market Access (DMA)

The DMA or the Direct Market Access is the type in which the trade is executed by the direct access to the interbank enabling them place trading orders with the help of the liquidity provider. Trading with a DMA account is ideal for forex traders looking for maximum transparency and control.DMA enables traders to submit buy or sell orders directly to the order book of the underlying market (OTC or exchange), bypassing all intermediaries.