Which broker for realistic volume

Hi,
my understanding is that in forex we can not have true volume, but is the volume from one broker or one type of broker more realistic than the other? If so which broker. Thanks for your time.


Regards

I am running multiple demo just to ensure I have exact or close to exact readings, and I've found FXDD with best Volume information. And I don't trade with them either, but have best volume data.

Pinoyboy,
Thanks for your response.

Have you observed too much of a difference between brokers in the volume reading?

And how do you know FXDD is correct volume?

Noone has an exact correct volume (you can't get exact when the overall environment or FX is decentralized), but from my observation of price movement, FXDD comes close. I did a comparison of 10+ brokers before I began live and I even have a thread below this so I have some experience in relation to broker evaluation. If you want accurate, try directly with an Interbank (which is typically not available to 99.9% of traders; primarily retail). I suggest you read more on this if you need more info. Good Luck.

Thanks Pinoyboy

Guys, what you call "volume" is just the number of price changes within a time frame (bar) of MT4.

The CME has accurate volume. In the spot market it's anyone's guess.

Look at the BOJ intervention analysis, estimates range from $1B - $11B, and these are banks making the estimates! They can't even come within 10x of each other, and you want lowly spot FX brokers to offer realistic volume?

Any broker that does show volume is a market maker. Volume will only be based on their pool of traders.