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Date/Time: Wed, 07 May 2025 15:22:02 +0000



Post From: Depth Data and MBO for CFDs

[2024-11-28 14:23:49]
User779862 - Posts: 1
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