diff --git a/src/msw/graphicsd2d.cpp b/src/msw/graphicsd2d.cpp
index cf16182ef6..2529383f86 100644
--- a/src/msw/graphicsd2d.cpp
+++ b/src/msw/graphicsd2d.cpp
@@ -2671,8 +2671,8 @@ private:
 class wxD2DDCRenderTargetResourceHolder : public wxD2DRenderTargetResourceHolder
 {
 public:
-    wxD2DDCRenderTargetResourceHolder(ID2D1Factory* factory, HDC hdc, const wxSize dcSize) :
-        m_factory(factory), m_hdc(hdc)
+    wxD2DDCRenderTargetResourceHolder(ID2D1Factory* factory, HDC hdc, const wxSize dcSize, bool hasAlpha) :
+        m_factory(factory), m_hdc(hdc), m_hasAlpha(hasAlpha)
     {
         m_dcSize.left = 0;
         m_dcSize.top = 0;
@@ -2683,10 +2683,13 @@ public:
 protected:
     void DoAcquireResource()
     {
+        D2D1_ALPHA_MODE alphaMode = m_hasAlpha ?
+                                    D2D1_ALPHA_MODE_PREMULTIPLIED : D2D1_ALPHA_MODE_IGNORE;
+
         wxCOMPtr<ID2D1DCRenderTarget> renderTarget;
         D2D1_RENDER_TARGET_PROPERTIES renderTargetProperties = D2D1::RenderTargetProperties(
             D2D1_RENDER_TARGET_TYPE_DEFAULT,
-            D2D1::PixelFormat(DXGI_FORMAT_B8G8R8A8_UNORM, D2D1_ALPHA_MODE_PREMULTIPLIED));
+            D2D1::PixelFormat(DXGI_FORMAT_B8G8R8A8_UNORM, alphaMode));
 
         HRESULT hr = m_factory->CreateDCRenderTarget(
             &renderTargetProperties,
@@ -2703,6 +2706,7 @@ private:
     ID2D1Factory* m_factory;
     HDC m_hdc;
     RECT m_dcSize;
+    bool m_hasAlpha;
 };
 
 // The null context has no state of its own and does nothing.
@@ -2802,7 +2806,8 @@ class wxD2DContext : public wxGraphicsContext, wxD2DResourceManager
 public:
     wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, HWND hwnd);
 
-    wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, HDC hdc, const wxSize& dcSize);
+    wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, HDC hdc, const wxSize& dcSize,
+                 bool hasAlpha = false);
 
 #if wxUSE_IMAGE
     wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, wxImage& image);
@@ -2948,9 +2953,9 @@ wxD2DContext::wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dF
     Init();
 }
 
-wxD2DContext::wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, HDC hdc, const wxSize& dcSize) :
+wxD2DContext::wxD2DContext(wxGraphicsRenderer* renderer, ID2D1Factory* direct2dFactory, HDC hdc, const wxSize& dcSize, bool hasAlpha) :
     wxGraphicsContext(renderer), m_direct2dFactory(direct2dFactory),
-    m_renderTargetHolder(new wxD2DDCRenderTargetResourceHolder(direct2dFactory, hdc, dcSize))
+    m_renderTargetHolder(new wxD2DDCRenderTargetResourceHolder(direct2dFactory, hdc, dcSize, hasAlpha))
 {
     Init();
 }
@@ -3621,7 +3626,10 @@ wxGraphicsContext* wxD2DRenderer::CreateContext(const wxMemoryDC& dc)
     int width, height;
     dc.GetSize(&width, &height);
 
-    return new wxD2DContext(this, m_direct2dFactory, dc.GetHDC(), wxSize(width, height));
+    wxBitmap bmp = dc.GetSelectedBitmap();
+    wxASSERT_MSG( bmp.IsOk(), wxS("Should select a bitmap before creating wxGraphicsContext") );
+
+    return new wxD2DContext(this, m_direct2dFactory, dc.GetHDC(), wxSize(width, height), bmp.HasAlpha());
 }
 
 #if wxUSE_PRINTING_ARCHITECTURE