Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- The NexusFi team
(If you already have an account, login at the top of the page)
I have switched from Dorman to IB and in attempting to connect using IB data, was hit with the issue of too many data requests from NT and realized that IB data was pretty much worthless. now on the search for a reasonable value for real time and historical data provider. Kinetick is very pricey for me - $55 a month for not a whole lot and then I have to purchase subscriptions to the exchanges on top of that leaves me back on the search.
Does anyone recommend a data provider that can give me a decent amount of historical data for backtesting as well as reliable yet affordable realtime data?
I'm lost :-(
"I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game-winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan, 5-Time NBA Most Valuable Player, 6-Time NBA Champion
Can you help answer these questions from other members on NexusFi?
If you are looking for market data service provider, Kinetick, eSignal and IQFeed are the main ones. Exchange fees are the same for all three so from a pricing perspective, Kinetick is about 1/2 the cost of the other two.
Alternatively, purchase a Multi-Broker license if you don't have one, maintain an account with Dorman and you can connect to that account first for data and as a back up trading account and trade through Interactive Brokers as your primary. This scenario will avoid paying subscription fee to a market data service provider.
What about the DTN Market Access Historical Service offered by Linnsoft with their paltform? $15/month for historical data from IQFeed. I wonder why Ninja does not offer a similar deal.
I have decided for the time being to trade forex exclusively. it's the cheapest option that fits all my needs. I can get my data free from FXCM using NT and forex gives me a broad spectrum of leverage options. I can scale down to just a few thousand share lots with very little R/R and later scale up to larger lots as I get to know those markets better. So far so good. i'm saving myself $95 a month in data fees.
"I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game-winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan, 5-Time NBA Most Valuable Player, 6-Time NBA Champion
