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Look at the attached graph.Two important brokers: IC Markets and IG.Both demo accounts.Daily graphics.The differences are abysmal.In a broker there is a trend line rupture, while in the other it is not even touched (think of how different the message is: possible imminent rupture vs. or close to breaking
Are the schedules of both brokers servers the same?
Hello, yes, those differences baffled me at the beginning.Falling your chart quickly, any of those daily candles open or close on the weekend?The synchronization of the servers varies according to the broker, which affects the way in which daily candles are printed and, consequently, the appearance of the graph.It is a problem that also occurs in 4 -hour graphics and can make comparing brokers a headache.One way to minimize this is always to review 1 hour graphics as support for any analysis in H4 or D1.In theory, h1 candles should be more aligned, as in M30 and lower frames.
If you look good, small candles in IG appear every 5 days.That means that IG prints a candle on Sundays.practicing Coitus interruptus
Excellent points.Yes, the server schedules are different, and the Sunday's candle in IG is a very interesting detail.I knew that in H4 the graphics varied according to the broker, but I did not think that the same would happen in D1.But ... as expected ... Even in m5 there are differences (see below
It may be that liquidity suppliers are quoting different prices ...
That, plus the operations of each broker (decentralized market
But why should they be exactly the same?You are comparing a real broker with a Market Maker, right?IG, basically, trades with its own product and establishes its own prices.There is no reason for the real market to reflect exactly.If I could give rookie advice, it would be this: "Before deciding where and how to operate, be sure to understand the difference between a real broker and a market maker that operates against their customers."
I don't understand your point.I do not criticize you, but in another thread you mentioned that you did not worry the honesty of Ig.In addition, you said you use capital.Both are Spred Betting companies, so it confuses me that you criticize one but not the other.
I regret confusion.I live in England, and here operate with Spread Betting has a huge advantage: I do not pay taxes on my profits.But many here are from the US or other countries where Spread Betting does not exist or is not tax free.In those cases, the important thing is not whether IG or Capitalspreads are "reliable", but to understand that a real broker has no incentives for you to lose, while a Market Maker does.Quite simple, right?