Can I trust volume data for CFD?

[heispark]

I wonder if volume data for commodity CFD (in my case, Nat Gas) comes from CME exchanges. My question is virtually the same as this one: https://futures.io/options/27468-cfd-volume-where-will-come.html

Can this be true?

My problem is, I have an indicator I like but unfortunately, it's for MetaTrader4 and I don't have its source code. I use this indicator with Nat Gas CFD chart from my forex broker IC Markets. Because this indicator (VWAP related) relies on volume data, I want to know if the volume data is reliable.

Thanks,

 

[El Trado]

Not sure, but I have always thought the volume is from the CFD exchange, so that you cannot really be sure you get the total volume

 

[maxinger]

I don't trust those volume data.



That's why I trade futures through the Exchanges like CME, HKFE ...

 

[Turveyd]

Isn't it like Spot? Ie tick data the amount of times price changed within that bar?

 

[tomtr27]

No !

 

[heispark]

I also think CFD's volume is actually tick volume....

 

[maxinger]

I also think CFD's volume is actually tick volume....

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I don't trust those volume data.

That's why I trade products from exchanges like CME ...
It is better to pay for quality data rather than
to get free but questionable volume data.

 

[senumouv]

You should definitely contact the broker for this. That way you’ll get to know if the volume data is reliable or not. Good luck.

 

[heispark]

You should definitely contact the broker for this. That way you’ll get to know if the volume data is reliable or not. Good luck.

Yes, I contacted IC Markets but their feedback was clueless..... It seems they didn't understand my question properly even if I explained it in plain English.

 

[maxinger]

Yes, I contacted IC Markets but their feedback was clueless..... It seems they didn't understand my question properly even if I explained it in plain English.

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you can ask them why the gold price (or any other product) is so different from the CME exchange price.
You will surely get a 'wonderful' answer.