CFD Traders Pay Up to
40x more Per Trade

You Don’t See It. It’s buried in the spread.
DMA is your way out.

What 40x Markup
Actually Costs You

Same stock. Same moment. Two very different outcomes.

Down $107 the second you click buy.

DMA trader: On 100 shares the DMA trader keeps $101 more from the very first second

Down $6. Keep $101 the CFD trader just lost.

Just 2 trades a day = $4,280/month lost to the spread.

Before a single trade plays out.

Why CFD Trades
Don’t Reach the Real Market?

Your trade never reaches the real market. The CFD broker becomes your buyer and seller — and they make money when you lose.

Here’s what that costs you:

Widened spreads

that quietly eat your profit on every trade.

Fake price spikes

that hit your stop-loss on prices the real market never showed.

Delays, slippage, and re-quotes

when speed matters most.

You’re not trading the market. You’re trading against your CFD broker.

Trade the Real Exchange,
Not the CFD Broker

Direct Market Access (DMA) sends your order straight to the real stock exchange — the same place professional traders, hedge funds and institutions trade.

Real spreads.

You pay what the market charges, not a markup.

Real prices.

The same prices every trader on the exchange sees.

Real shares.

You own actual stock, not a contract on a screen.

No middleman. No widened spread. No one trading against you.

CFD Broker Vs DMA Broker

CFD Broker

DMA Broker (Real Market)

Where your order goes

CFD Broker

Stays inside the broker

DMA Broker (Real Market)

Sent to the real exchange

Spread

CFD Broker

Artificially widened

DMA Broker (Real Market)

Real market spread

Prices Shown

CFD Broker

Artificially widened

DMA Broker (Real Market)

Real market spread

Execution

CFD Broker

Delays, slippage, re-quotes

DMA Broker (Real Market)

Direct and instant

What you own

CFD Broker

A contract on the price

DMA Broker (Real Market)

Actual shares in your name

Whose side they’re on

CFD Broker

Opposite side - earn when you lose

DMA Broker (Real Market)

Same side — earn fees, not your losses

Real Traders, Real Results

This broker is just amazing, for literally just 36$ u have platform + data, in other brokers with 36$ u can’t even pay the data I thought the platform hammer pro was going to be lacking lots of features for costing just 30$ but nothing furder from the truth it has amazing executions and every hotkey, routes, locates and functions u can ask for. Is exactly like DAS pro but 6 times cheaper and with no PDT

Trader Victor Alfonso

3 months ago

Really great broker. Execution speed is fast, the trading platform Hammer Pro is affordable, commissions are low, and there are no restrictions on what stocks you are allowed to trade like with other brokers. No hidden restrictions/fees or other bad things. No issues with buying power not up to date.

nordicbeast

Mar 31, 2026

Fast executions, robust and very adjustable platform, fast support
Been using Alaric and their platform Hammer for around 3 years now. I’m a swedish retail momentum scalp-trader (US-stock market). The executions are superfast and there’s settings of how you want to route your buy orders: SMART, NSDQ, ARCA etc (I use SMART and NSDQ). The platform is great since it’s super-adjustable.

Viktor Zethelius

Feb 4, 2026

Upgrade Your Trading

Don’t let hidden fees eat your gains. Trade the real market.
No pro-level experience required. Just a trader who’s done losing to the spread.

With Alaric DMA, you get:

Your money. Your trades. Your results.

Whether you are a retail trader looking for zero commissions (Hammer Lite) or a pro needing advanced routing (Hammer Pro), we have the right DMA setup for you.

Frequently Asked Questions

Find answers to common questions on leverage and custom leverage:
What’s really different with DMA vs. CFD?

Direct Market Access (DMA) sends your order to the real stock exchange. You get raw prices and own real shares, with no hidden costs.
CFD brokers keep your trade in their system, mark up the spread, and often trade against you.

Is there a minimum deposit?
Can I transfer my shares in and out?
Is my money safe?

Disclaimer:

Investing in financial markets involves risk, and the value of your investments may fluctuate, meaning you may get back less than your original investment. Past performance is not a reliable indicator of future results. Alaric Securities is an investment firm authorised and regulated by the Financial Supervision Commission (FSC) under EU MiFID II regulations. “Zero commissions” refers to $0 broker commissions on the Hammer Lite platform; however, standard regulatory, exchange, and routing fees may still apply (please review our Pricing Page). Testimonials reflect individual experiences and do not guarantee future success. The content on this page is for informational purposes only and does not constitute investment advice.