FXCM Price Feed Vs MBT OANDA | Forex Factory

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FXCM Price Feed Vs MBT OANDA

  • #1
  • First Post: Apr 28, 2010 10:53am Apr 28, 2010 10:53am
This video clip shows the comparison between an fxcm trade station 'instituational ' 25k account price feed with 'raw ' spreads in the 'real market' along side an MBT and oanda account price feed. You can clearly see that both the later are in sync whilst the fxcm price feed lags at least several seconds at a time with a gap in prices of up to 15 pips on occassions especially on the EU and GU. This occurs several times a day during normal market conditions. When the fxcm price is 'out of sync' or lagging they wil not accept any buy or sell orders.

Inserted Video


I wonder what this pnenomena could be? Is this the real market or a manipulated price feed? Anyone know? ...........Anyone?
  • #2
  • Apr 28, 2010 10:56am Apr 28, 2010 10:56am
Is this the FXCM Active Trader platform ?

Are all of those real accounts or demo's ?
  • #3
  • Apr 28, 2010 11:04am Apr 28, 2010 11:04am
Must be a lagging demofeed, if those were tradeable live prices, it would be like free money.
  • #4
  • Apr 28, 2010 1:45pm Apr 28, 2010 1:45pm
Quoting shrike
Must be a lagging demofeed.
Agreed. FXCM provides a demo login to their raw price feed on their Active Trader forums. I took a look at it last week and noticed no lagging.
  • #5
  • Apr 28, 2010 1:58pm Apr 28, 2010 1:58pm
I saw it this morning on FXCM Live platform(TradeStation). Lag of 10-20 pips. I did not place an order during that time , but noticed the huge price lag on FXCM when compared to FXDD MT4.

Now if one was to take trades during those times, i hope FXCM does not cancel out such trades for lag trading.
  • #6
  • Apr 28, 2010 2:06pm Apr 28, 2010 2:06pm
My guess is you would be slipped (towards true price) - or in case of limits, not get filled.

At least it was the case when Oanda lagged. The quote server (a seperate machine which distributes prices to clients) was behind, wheres on the trade-server fills were "normal".

In any case, you cant make money from lagging prices for sure, you know, fxcm aren't complete idiots.
  • #7
  • Apr 28, 2010 2:31pm Apr 28, 2010 2:31pm
Quoting Cocoflanel
Is this the FXCM Active Trader platform ?

Are all of those real accounts or demo's ?
These are real fully funded accounts, hence the GBREAL you can see down the bottom of the platform. The main problem here is that if you are in and looking to get out, you can't. Likewise if you are out and looking to get in you miss on an opportunity not knowing if or when the feed will normalize. If MBT and Oanda can cope then why not FXCM on their flag ship pro platform. When the market is at a price, that's the price you want and that's the time you want it, not 30 seconds later which is automatically rejected anyway. If you were just looking at FXCM prices on their own you be none the wizer. Something I am not prepared to tolerate any longer.
  • #8
  • Apr 28, 2010 3:28pm Apr 28, 2010 3:28pm
Quoting Utopia
These are real fully funded accounts, hence the GBREAL you can see down the bottom of the platform. The main problem here is that if you are in and looking to get out, you can't. Likewise if you are out and looking to get in you miss on an opportunity not knowing if or when the feed will normalize. If MBT and Oanda can cope then why not FXCM on their flag ship pro platform. When the market is at a price, that's the price you want and that's the time you want it, not 30 seconds later which is automatically rejected anyway. If you were just looking...

Did you try to get in or out during such lag ?

You could be filled at the true market prices since the trade server could have not been lagging despite the lag of the quote server...( I had such an experience on a futures platform)
  • #9
  • Apr 28, 2010 3:49pm Apr 28, 2010 3:49pm
hmmm maybe the fxcm rep can provide some answers ?
  • #10
  • Apr 29, 2012 10:22am Apr 29, 2012 10:22am
Its true. FXCM got some strange spike. I am going to remove my fxcm account
  • #11
  • Last Post: May 1, 2012 12:53pm May 1, 2012 12:53pm
Quoting Utopia
I wonder what this pnenomena could be? Is this the real market or a manipulated price feed? Anyone know? ...........Anyone?
Hi Everyone,

This tech issue occurred a little over 2 years ago when an update for Adobe Flash was released. We put in a fix then that solved the problem. Since that time, I’m not aware of any similar tech issues reappearing.

If you ever experience a tech issue that affects your trades, FXCM can conduct a trade audit and make any adjustments if necessary. Customer support is available 24 hours a day by phone and live chat to help in real-time: www.fxcm.com/contact-fxcm.jsp

Jason
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