Volume indication on FXCM?

aekespong

Newbie
1 0
Hi all,

What is the source of Volume on the charts with Metatrader 4 on FXCM? Is it the trade volume of FXCM:s own customers only? Or is it collected from other brokers/exchanges?
 
Last edited:

Jason Rogers

Senior member
2,768 92
Hi all,

What is the source of Volume on the charts with Metatrader 4 on FXCM? Is it the trade volume of FXCM:s own customers only? Or is it collected from other brokers/exchanges?

Hi Aekespong,

Welcome to Trade2Win :)

The volume you see on your MT4 charts is actually tick volume. That is the amount of times the price updated (ticked) in a given time period on your platform, so the data are specific to FXCM. MT4 uses this as an approximation of real volume.
 
 
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