Brokers and Data Feeds
The choice of broker and/or data feed is a fundamental decision and differs depending on your purposes in trading.
Therefore we would like to discuss this in the next section of the AgenaTrader Online Help, before moving on to the actual help itself.
If you have not yet chosen a broker or data feed, there are several questions you should ask yourself, such as:
- in which time frames you wish to trade (i.e. whether you require tick data: yes/no)
- how the broker's spreads/charges are set up
- which types of instruments a broker offers (CFDs, forex, shares, futures, etc.)
The supported data feed providers and available brokerage services are displayed in the table below:
| Interactive Brokers | CAP-Trader | Dukascopy | FXCM | XTB | Ally Invest | xx | BarChart | IQ-Feed | FxFlat | Rithmic | Lenz and Partner | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broker | - |
- |
- |
- |
||||||||
| DataFeed | ||||||||||||
| Tick | - | - |
|
|
- | - |
|
|
|
- |
|
|
| Intraday |
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|
|
|
|
|
|
|
|
| End of Day (EOD) |
|
|
|
|
|
|
|
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|
|
|
|
| CFDs (Contract for difference) |
|
|
|
|
|
- | - | - | - |
|
- |
|
| FOREX | - |
|||||||||||
| Shares |
|
|
- | - | - |
|
|
|
|
- | - |
|
| Futures |
|
|
- | - | - |
|
|
|
|
- |
|
|
| AMP | Eminis Trader | Foremost Trading | Optimus | RJO'Brien | Stage Five | Trade Futures 4 Less | Gain | Halifax | |
|---|---|---|---|---|---|---|---|---|---|
| Broker | |||||||||
| DataFeed | |||||||||
| Tick | |||||||||
| Intraday | |||||||||
| End of Day (EOD) | |||||||||
| CFDs (Contract for difference) | - |
- |
- |
- |
- |
- |
- |
- |
- |
| FOREX | - |
- |
- |
- |
- |
- |
- |
||
| Shares | - |
- |
- |
- |
- |
- |
- |
- |
- |
| Futures |
Notes:
- "
1" includes only 60 data histories every 10 minutes
- "
FOREX markets
As a basic principle, forex markets should be served by the same data feed/broker via which you are trading. This means that the data will come from the same pool as the one that the orders are routed to.
This ensures that the execution price always corresponds to the represented data on the chart. This is especially relevant for traded time frames under 1 minute.