For example this morning. I started to view the market at about 7:30 am Malaysian time or 23:30 GMT. Normally I online with two brokers. Currently I am using FXDD and ActivTrades. FXDD start its day at 21:00 GMT with ActivTrades at 23:00 GMT.
ActiveTrades was down for almost two hours i.e from 21:20 GMT to 23.06 GMT. Therefore I could not have an early morning analysis of the market using Active trades. I have to refer to FXDD. I also checked other broker i.e LiteForex. I discovered that LiteForex data feed is almost similar to ActivTrades while FXDD is a bit differed. But since FXDD is quite established and has a bigger operation, normally I used FXDD as a reference broker.
Let see the 15 min USDJPY chart of the two brokers in early Asian session. FXDD with chart 1 and ActivTrades at chart 2.
At 18:15 GMT(21:15), FXDD showed a swing low of 97.03 while ActivTrades swing low was at 18:30 GMT(19:30) at 97.06.
The subsequent swing high for FXDD was at 19:15GMT with a price of 97.48 while ActivTrades happened at 19:15GMT at a price of 97.51.
From the swing high of B, USDJPY moved downward to C with prices did not touched 76.4% for FXDD but ActivTrades showed that prices did touched that level.
At Asian session, USDJPY approached the 23.6% level (point D), ActivTrades get as high as 97.45 at 23:30GMT while FXDD touched that level at 23:00GMT.
The reversal carried it down to 97.02(point E) at 0:15GMT with a small spinning top candle for both brokers.
At 0:44GMT a correction caused a toppish candle at 97.26 exactly at 50% fibo retracement for FXDD while ActivTrades at 97.25 with a level in between the 50% to 61.8%.
In conclusion, through the experience I gained by demo trading with different brokers, it is better that if we want to trade we use at least two brokers for check and balance. Usually price tweaking and system down or hang did not happened at the same time. if one broker is tottally shut us out, at least we can still trade with the other one.
