Interactive Brokers

This is a discussion on Interactive Brokers within the Brokerages forums, part of the Commercial category; Originally Posted by Adamus OK, badly put. I mean I think that it was only a very small section of ...

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Old Nov 26, 2010, 2:07pm   #1571
 
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Re: market depth

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Originally Posted by Adamus View Post
OK, badly put. I mean I think that it was only a very small section of the whole forex market and probably not representative and in fact if you had the whole book, it'd overwhelm your little desktop trading platform. To be honest I just don't know because I haven't' looked into it but I'd be interested to know more if you've got experience with it.
I hate IB because of their arrogant snobish tech support.

But otherwise they are good broker.

So my guess is that you see are IB own ECN trades. To see what you want to see you have to go to larger players and open an acount starting from 500K.

In equities the level 2 book is somewhat straightforward. But in FX it is complicated and depends on your broker setup because there is no exchange.

My point is that the info they show is fairly good enough for a retail trader and is relatively good for the industry.
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Old Nov 26, 2010, 2:16pm   #1572
Joined Oct 2010
Re: Interactive Brokers

IB doesn't give fake data but Esignal use another bank and there a little difference between the both market depht for a swing trader there is no probleme but for a day trader with something like 20 pips target the difference could be about 10 or 20% of the profit or loss
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Old Nov 26, 2010, 2:20pm   #1573
 
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Re: Interactive Brokers

Mule. why are you answering question which wasnt addressed to you? You havent even understood what Adamus is talking about.
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Old Nov 26, 2010, 2:21pm   #1574
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Re: Interactive Brokers

sorry difference between 5 or 10%
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Old Nov 26, 2010, 2:22pm   #1575
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Re: Interactive Brokers

ok sorry I don't speak very good Englih so I missunderstood
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Old Nov 26, 2010, 2:24pm   #1576
 
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Re: Interactive Brokers

Adamus is talking about level 2 book data. the spread size is different matter. and I think IB has quite good spreads. So nothing to complain.
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Old Nov 26, 2010, 2:29pm   #1577
 
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Re: Interactive Brokers

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Originally Posted by the mule View Post
ok sorry I don't speak very good Englih so I missunderstood
No worries, you made yourself understood in the end
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Old Nov 26, 2010, 2:33pm   #1578
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Re: Interactive Brokers

dear Maxima
ok but as you see I am rookie and I am here to learn so maybe I didn't give the good explanation to Adamus but the answer you put on your reply was for me I think
I was talking about this thing:
for example average price eur/usd/1.000 on TWS
average price eur/usd 1.002 on Esignal at the same moment
I was not talking about spread or...
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Old Nov 26, 2010, 2:34pm   #1579
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Re: Interactive Brokers

it was not a complain on IB it was in my selection of API graph to use with IB and suit to my strategy
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Old Nov 26, 2010, 2:35pm   #1580
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Re: Interactive Brokers

now I stop talking and follow your discussion if you can learn me something interesting
ciao
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