Jump to content
  • 0

PRT ORDERBOOK VOLUME.


Guest Flowwww

Question

7 answers to this question

Recommended Posts

  • 0
19 hours ago, Visionz said:

Not sure.. very frustrating.. every other big broker allows you to see this information. OANDA, FXCM etc all allow you access to DOM, and orderbook. Seems that this broker is missing vital indicators.

IG provide Level 2 data on their Direct Market Access platform. Not sure how that works for US clients as it's linked to a cfd account which the US don't have.

Link to post
  • 0
On 16/08/2020 at 08:04, Caseynotes said:

IG provide Level 2 data on their Direct Market Access platform. Not sure how that works for US clients as it's linked to a cfd account which the US don't have.

Is L2 data available for spread betting?

Link to post
  • 0
On 18/08/2020 at 11:00, ItsAlex said:

If you are asking about level 2/DOM and spread betting you might have no clue about what spread betting actually is.

I know exactly what spread betting is thanks.. and as per every other broker.. yes that's right.. every broker with spread betting.. you are not restricted from seeing this but you can in fact you can see the DOM. If you are not sure what that is.. it allows you to see where the liquidity and bulk of orders are and where the volume is.. and where supply and demand is. It seems IG is the only broker which doesn't allow this. It is not limited to CFD's and yes you can view it with a spread bet account. I am not asking if I can directly trade from the DOM.. but to be able to see where any low volume nodes are which can cause rapid price movements.Platforms MT4 Open Order

Link to post
  • 0

Hi Vision. That's the OANDA Open order indicator, it shows the aggregate positions and orders of OANDA clients  I.e. client sentiment.  It is as useless as it can get because does not show the liquidity of the underlying market you are trading, instead it's showing where Oanda clients are positioned. The market moves based on the underlying market liquidity not based on oanda's client trades.

https://www.oanda.com/uk-en/trading/platforms/metatrader-4/

You can only get access to real Depth of Market if you pay a data provider (IQFeed/ Rithmic, DxFeed etc) and subscribe to the exchange where your product is trading and that's why I left that message.  

IG offers real depth of market for CFD trading via L2 Dealer app, you can also place trade using the ladder but you have to be a professional client to use it.

All the best

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,446
    • Total Posts
      74,026
    • Total Members
      62,412
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    mikeraison
    Joined 21/06/21 13:36
  • Posts

    • Hey,  Are you looking for an additional layer of security when you login or are you asking how your money is protected.  You can enable 2FA as an additional security blanket: https://www.ig.com/uk/two-factor-authentication if you want to know about how your funds are protected you can check this link: https://www.ig.com/uk/client-funds If you have any other questions please let me know by putting @CharlotteIG
    • Latest update UK govt/MHRA vaccine adverse reactions report 19/06/21. 'BREAKING - Adverse Reactions to the 100% Safe C0V1-D Jabs include 13,413 blood disorders, 10,273 cardiac disorders, 15,255 eye disorders including blindness and 195,550 nervous system disorders including brain damage, stroke, and paralysis…' How can the UK Gov. make these mandatory? – 20th update on Adverse Reactions to the Covid Vaccines shows 949,287 Adverse Reactions & 1,332 Deaths – Daily Expose
×
×
  • Create New...