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PRT via IG or IG via PRT


SixEight

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Hi All,

Hoping I can find a quick and easy answer - I've been using PRT after I signed up for IG, but it's clear that it's only the ProRealTime Complete that you get via IG. In comparison, I see PRT are offering ProRealTime Premium via their site and you can sign up with IG or Interactive Brokers. 

Is there anyway to get the ProRealTime Premium linked to your current IG account, or do I need to close it and then reopen via PRT?

Also, if signing up via ProRealTime, can you only access CFDs on IG, or can you also access the Spreadbetting etc? 

Any help would be much appreciated.

Jonathan

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1 hour ago, SixEight said:

Hi All,

Hoping I can find a quick and easy answer - I've been using PRT after I signed up for IG, but it's clear that it's only the ProRealTime Complete that you get via IG. In comparison, I see PRT are offering ProRealTime Premium via their site and you can sign up with IG or Interactive Brokers. 

Is there anyway to get the ProRealTime Premium linked to your current IG account, or do I need to close it and then reopen via PRT?

Also, if signing up via ProRealTime, can you only access CFDs on IG, or can you also access the Spreadbetting etc? 

Any help would be much appreciated.

Jonathan

Spread betting is just a type of CFD that is unique to the UK as it has some tax advantages for UK tax payers.

IG commission their own version of Prorealtime and is actually overdue to be updated (the new version was expected Feb). It's neither the exact same as PRT Premium or Complete but is offered for free (with min number of trades see terms). You could sign up for the PRT Premium which can be hooked up to your IG account (sb or cfd) but you would need to pay the PRT cost which used to be about £50 a month.  

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22 minutes ago, SixEight said:

Hi @Caseynotes - this page seems to imply you could get PRT Premium without paying (presuming you hit the minimum trades): https://trading.prorealtime.com/en/ig

Yes, the IG pages also say it's the premium version but many users were able to point out features on Premium that weren't on the IG version, whether it is a compatibility issue or whatever I don't know. I've been around for 3 updates (tend to be every 3 years) and the IG rewrite version is always about a year behind the PRT update.  

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1 minute ago, SixEight said:

Thanks @Caseynotes - good to know. Shame that we can't get the premium, the IG version of PRT seems massively limited, the order book is empty etc.

yeah though even if you paid for the premium version from PRT and hooked it up to IG (and most other brokers) you'd still not get the L2 data without paying extra for a subscription service, and extra for exchange feed fees, and extra for ... 🙂

 

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24 minutes ago, SixEight said:

True, although I wouldn't mind paying for the Order Book feed data for the UK and US.

people always start with the retail brokers who provide the complete package free. Latter you might want to go down the route of building your own package with subscription services. More and faster information is a benefit but doesn't come cheap and you quickly find yourself in a position where you must make x amount every day just to cover costs.

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