Support Board
Date/Time: Wed, 07 May 2025 15:07:25 +0000
Depth Data and MBO for CFDs
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| [2024-11-28 14:23:49] |
| User779862 - Posts: 1 |
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Hello everyone, I have been studying and using (Package 12, Integrated Advanced MBO) recently and I have been growing more interest in sierra chart. I’m planning to start trading Forex CFDs. I have been using Sierra Chart (Package 12, Integrated Advanced MBO) for testing/simulation. Next month I’m planning to use Interactive Brokers (IBKR) as my broker. However, I’ve read on the Sierra Chart website that CFDs generally do not provide depth data or Market by Order (MBO). My questions are: 1. If I use Interactive Brokers for Forex CFDs, will I be able to access depth-of-market (DOM) data and Advanced MBO features in Sierra Chart? 2. If not, would using an alternative data service like DTN IQ Feed or LMAX Exchange allow me to get this data? I want to ensure I make the most of the tools Sierra Chart offers for market analysis. Since im new to this software and my understanding might wrong sorry in advance. Any guidance or suggestions are greatly appreciated. Thanks in advance! RicardoJCM |
| [2024-11-28 16:11:36] |
| Sierra_Chart Engineering - Posts: 19468 |
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1. No definitely not. 2. In the case of LMAX, there is market depth data for cash Forex markets. There is no market by order data. But most likely you are not going to be happy with LMAX. That is generally the feedback we have from users. DTN does not provide any of this data for cash Forex. You really need to trade, the futures markets for market depth data and market by order data. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2024-11-28 16:12:00
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