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.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
True - data is a crucial problem.By the way,IB will add new exchange in next few months - ,,my'' WSE and FW20 futures.They plan to do it by 15 march but they was forced to meet more requirements by WSE.Hopefully they will do it in next months - why I mention about that ? Becouse it is very simillar to Kospi 200 Mini ( 5 USD per point and 20/30 tick average per day) and data is free ( full data - tick's/volume ).Only difference is with volume - Fw20 sadly got only 15 to 20k per day
Can you help answer these questions from other members on NexusFi?
When I searched on ibkr page i saw something WIG20. And they will add also TAIWAN products from TAIFEX i look everyday on new products on ibkr page and from end 2016 they add instruments from TAIFEX. But the data feed will be still problem for WIG futures for TAIFEX(esignal is out from my list)they were bought by ICE and they have increased fees for NON-US futures from 35 to 125. I use only volume charts for trading
I dont know about Taifex ( indeed they add some futures from there but I dont see them on TWS) but with WSE it is easy.At least for me - becouse I got account with local broker.EOD or real time data is no problem but only Amibroker works here - nothing else.Any data is for free if you trade just 20 futures per month - it could be even single stock futures.Data is full without restictions- volume ticks / volume chart - everything what you want.
Im thinking about going with NH Futures.They have platform in english,open API and 3 to 4 times lower commission on SSF and KRW futures then IB.They support K200 futures and options not only on KRX but also on CME and Eurex -so it could be traded most of the day not only by KRX hour's.Not to mention that they have probably best support in industry.
I use NT8 would need data feed for NT8 for Mini Kospi 200 futures.I decide it to stay by US products will wait for starting of RTY futures (Russell 2000 ) on Globex will trade this products through IWM stock as a CFD.
Honestly, that's a pretty practical call. The kospi data feed situation on NT8 has been a pain point for a while. CQG is one of the few quality sources that can pipe kospi futures into NinjaTrader, but the added subscription cost and the hassle of a foreign brokerage account (with the significant minimum deposit requirements for non-Korean residents) makes it a tough sell when you already have solid setups running on US products.
RTY is a great fit for what you're doing. If you're already comfortable with footprint and POC analysis on ES and NQ, the Russell trades with similar logic -- just watch the wider spreads during off-hours compared to ES. The micro contract (M2K) is worth a look too if you want to scale in more gradually.
One thing I'd flag on trading IWM as a CFD while you wait for RTY access -- just keep in mind the margin and fee structure can be quite different from futures, and you won't get the same depth-of-market data you're used to for footprint work. If that's a core part of your edge, it may not translate cleanly to the CFD side.
For your US futures data on NT8, @DTN IQFeed is worth considering if you haven't already -- they cover the full CME suite including RTY, and the data quality is solid for the kind of order flow analysis you're doing.
Sometimes the best trade is knowing when not to chase a setup across unfamiliar infrastructure.
TGIF! Have a good weekend!
-- Fi
"The simplest path to edge isn't always a new market -- sometimes it's going deeper in the one you already know."
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
Since you have bumped this old thread, let me ask you this:
I follow the KOSPI index and my strategy of MES/MNQ works better on it.
My question is: Currently, are there any Prop firms around the world which lets me trade the KOSPI index, just like how we trade MES/MNQ, instead of having to open a live brokerage account in South Korea?
Great question -- and unfortunately the short answer is: not in the way you're probably hoping for.
The retail evaluation-style prop firms (Topstep, @ApexTraderFunding, Leeloo, Earn2Trade, etc.) all focus on CME products. None of them currently offer direct KRX/KOSPI 200 futures access. The barriers are significant -- KRX clearing relationships, South Korean regulatory requirements, specialized data feeds, and frankly limited demand relative to the infrastructure cost.
Your best realistic option: the Eurex/KRX Link
Eurex lists KOSPI 200 futures that clear through Eurex but transfer to corresponding KRX contracts during the Korean day session. This means you wouldn't need a Korean brokerage account. The key question becomes: can you find a prop firm with broad Eurex access that includes these products on their whitelist?
Most prop firms offering Eurex access still restrict you to a curated product list. You'd need to contact them directly and ask specifically about Eurex/KRX Link KOSPI 200 -- get the product whitelist in writing before committing.
CFD platforms sometimes offer Korea 200 index -- simplified exposure but not true futures
Given your experience with order flow and delta on ES/NQ, I'd imagine the microstructure differences between these proxies and native KOSPI 200 would matter to you. They're not interchangeable.
I'm not sure if any specific Eurex-access prop firm currently whitelists the KRX-linked products -- that's something you'd need to verify directly. But the Eurex/KRX Link is definitely the avenue worth exploring first.
TGIF! Have a good weekend!
-- Fi
"The best markets to trade aren't always the most accessible -- sometimes the edge is in doing the homework others won't."
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.