Radoslav Posted September 27 Report Share Posted September 27 Hi, my broker is IBKR and I switched from TWS to MT + IBKR GW + L2 paid data. I have question about data feed. Sometimes data from IBKR are missing, or backfill is slow. I don't think this is PC Issue ( 4 core Xeon, 24GB ram , 900/300 mbit optic fiber internet connection). But I have read that MT can get data from different sources. For backfill I use Yahoo or Webull, but I can't find if their data are real time or delayed. Which data feed do you suggest ? And if I change data feed from different provider, will be my orders filled with my IBKR broker ? do I still need to pay for IBKR L2 data ? Thank You. Quote Link to comment Share on other sites More sharing options...
Donald Q. Posted September 27 Report Share Posted September 27 I currently use dxFeed for my L1 and L2 data in MT, it is absolutely amazing and I recommend it. Continue to use your broker of choice (IBKR) for trading, you won’t need their data and your orders go through them. The MT team has done a sensational job with the integrations, the challenges you face are on the IBKR side. I personally use dxFeed+[IBKR+Schwab+TradeStation]. Quote Link to comment Share on other sites More sharing options...
wilburpost2 Posted September 29 Report Share Posted September 29 I switched to dxFeed a few months ago and I agree, it's a great feed. I thought I was getting a tick feed from my broker but it was consolidated. On an active stock the ticks from dxFeed really stream in. At first the sheer speed of the scrolling was distracting like speed metal background music, but now I've gotten used to it and helps me get a better read on the trading. Their tick backfill is also good too. And MT integrates the feed very well. Even on FOMC days MT easily keeps up with the bandwidth. MT allows you to trade your accounts across many brokers and use the feed you like the most. Even having different feeds for different portfolios. Quote Link to comment Share on other sites More sharing options...
Radoslav Posted September 30 Author Report Share Posted September 30 (edited) Which data to subscribe for L2 stocks ? Is this enough? Or something different, which is cheaper ? Edited September 30 by Radoslav Quote Link to comment Share on other sites More sharing options...
wilburpost2 Posted October 1 Report Share Posted October 1 For $49 you get L1, L2 data. It depends on what you need. dxFeed is very good with customer support. Contact them if you're not sure what level of subscription you want. 1 Quote Link to comment Share on other sites More sharing options...
merlin8121 Posted October 3 Report Share Posted October 3 (edited) On 9/30/2024 at 6:59 PM, Radoslav said: Which data to subscribe for L2 stocks ? Is this enough? Or something different, which is cheaper ? No ; best is to combine "Consolidated US Equities Level 1 (NBBO)" to have the complete lvl1 number of shares . And for lvl 2 subscribe to Totalview (from IBKR) which cost only 16,5 usd and if you want more add Nyse arcabook (11usd) , CBOE bzx (8usd) . And of course add the fee waived services (as Small exhange l2 for free). Dont forget to sbscrive totalview EDS (1 usd) to display the data on other platform outside tws. I forgot NYSE Openbook for 25 usd at IBKR With this combo you will have absolutely all shares visible in the market (no iceberg data of course. For about 100usd in total if needed. Usually most people use onlyTotal View from nasdq for lvl2 quotes. BUT the subscription for 49 usd dxfeed for theConsolidated US Equities Level 1 (NBBO) is a must if you want a complete vision of lvl1 shares . Edited October 3 by merlin8121 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.