The Best Data Provider for Futures Trading: DTN, CQG, Rithmic, Interactive Brokers

Get Funded 50k-300k & Trade For A Living: go.tradacc.com/m/korbs
Welcome to a new video where we are talking about Futures trading and specifically Futures data.
Now in this video, I want to explain a couple quick points about data providers and I want to go over the best data provider on the market and then I want to go over the one I am using… Spoiler alert.. It’s not the best option available… I’ll explain why I use the one I use and why I switched from the best.
HERE'S WHAT WE COVER:
0:00​​ Introducing what we are covering about data
0:45​ You need access to real-time data
2:20​​ Data Providers broken into 3 categories
3:20​​ Best Provider - DTN IQ Data Feed
4:00​​ Why I stopped using DTN
5:55​​ What I am currently using - CQG
9:15​​ Wrapping up the video
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NEED HELP?
Are you day trading and looking for a trading strategy and technical indicators that you can rely on for the long term?
After trying them all, I've realized that you actually need ZERO technical indicators to have an edge in the market. All you really need is the Volume Profile, the only charting tool in the world used by professionals that provides real-time market-generated information.
Trading with the Volume Profile is what allows me to generate $500/$1000 on average in daily profits.
If you enjoyed this content on KZbin and would like to learn my strategy to a deeper level, you might be interested in the Volume Profile Formula™, the first course that teaches you the basics of Volume Profile. To learn more click here: go.tradacc.com/vpformula
WHO IS KORBS
My name is Aaron Korbs and I'm a professional Futures Day Trader expert in Auction Market Theory, Order Flow & Volume Profile.
I'm the founder of Tradacc.com and creator of Volume Profile Formula™ and the Profile Method™ where I help traders getting consistently profitable by focusing on Volume Profile methodology.
I typically work with people that want to create an extra income or that would like to turn trading into their main profession.
--------------------------------------------
Happy Trading & Watch Your Risk
-Korbs
#volumeprofile​ #daytrading​ #futurestrading
Risk Disclaimer: go.tradacc.com/Risk

[@danielchernobieff8242]

With Rithmic you can see the whole book. They also offer MBO data. Ability to see the large individual resting orders is helpful. Until CQG offers MBO, Rithmic wins hands down. Just make sure your platform has the ability to display more than 10 levels on each side to take full advantage.

[@creabe8626]

Hi!! Is Rithmic works at the weekend ?

[@auvietquoc3425]

Can you help me buy rithmic data feed?

[@gracia9775]

Thanks a lot for the video ! Do CQG provide forex tick data ?

[@Thegamer-jc7ol]

Hi korbs thank you for such a detailed analysis. Can i ask you a question if im looking for forex futures data feed which one will you recommend? Also i am a bit confused as to whether i should get jigsaw or sierra charts. With sierra, is their denali feed any good for forex futures? Thanks a lot man!

[@und-dc3dd]

Great video! What broker do u use?

[@Godmode-en1je]

Hi, can you tell which data provider has data for HKEX exchange and provides market depth level2? I'm interested to look into the Asia market, HSI.

[@Rain_-fo4we]

Hey Korbs,big fan of your channel . Are you using CQG historical data for tradin? Thanks

[@korbstrading]

Thanks for kind words :)!! Yes, I am 👍🏼👍🏼

[@stephencrosdale9035]

Great video Korbs, what data feed would you recommend for trading ftse 100 futures?

[@korbstrading]

Thank you, Stephen. This is not a product I trade. I would check with your broker 🍻

[@johnwalkowiak2002]

Use Ninja Trader no issues very fast. Was wondering your opinion? Thank you

[@Ralphitness]

Very informative!! Thank you, I’m currently using CQG on MT5 and I have a 6 day-week chart (daily timeframe). I’m curious, does anyone know how to switch the data to a 5 day-week???

[@ronredmond]

Hey Korbs, Ron here from CT... Your journey sounds so familiar, lol. I must have said that a hundred times over the last year or so that I've been watching your channel. Pulling all nighters, trading multiple markets, all sorts of data feeds, chart full of indicators, the works! After several thousand hours of chasing my tail, I took a step back, threw it all out, and just went bare bones... My trading improved 100x almost instantly. I was just looking up CQG when I noticed you had a video on it.... I trade with a prop firm and word on the street is, they do something with CQG, which I've heard would make it so we could use TradingView instead of NinjaTrader & Rithmic. I've been trying to wrap my head around what the heck CQG is and how it would enable us to use TV instead of these legacy dinosaurs..... Now I understand! =) Personally I love TradingView and use it for my personal account.... The data feed for Futures is a nominal $4/month.... Regardless, trading Futures without real time data would be a death sentence..... Cheers!

[@jccgold]

CQG using Tradingview data? Is that real?

[@ronredmond]

This feels like it was a decade ago. I don't use or care about indicators and real time data these days. Just a consistently profitable, minimalist, price action, swing trader. Wish I kept it this simple from the beginning. @@jccgold

[@perrimagnezi8848]

Hi, anyone here can advise how to get CQG for cheap (

[@Roy-xe9is]

Thanks for this. Sticking to cqg.

[@_Jakebutcher]

does CQG give depth of market data

[@bearish_bull]

Thank you for the insight brother

[@korbstrading]

You’re welcome 🍻🍻

[@truckertrader2497]

Really informative, well done video.

[@korbstrading]

Thank you 🍻🍻

[@dirtrider5001]

hey bud great video, you said that you were gonna get into the package that you use with cqg but you never get actually got into which package you use. Thanks much for this vid and all the other great informative videos.

[@kyleporter7509]

Would like someone's feedback on Sierra Charts Denail Data feed with TT routing.

[@korbstrading]

I will update a video when I have tested it 👍🏼

[@kyleporter7509]

@@korbstrading looking forward to it thanks

[@victorbash17]

What is your trading platform, with CQG data feed, may I ask?

[@korbstrading]

Sierra charts 👍🏼

[@digtlpete]

One broker that I am considering has quoted me a price for a CQG connection fee of $10 and then $11/month for level2/depth data for each CME Exchange. Is the level2 data necessary for Volume Profile? Thanks for any thoughts.

[@derekreed6798]

You will definitely need level 2 if you trade with a DOM.

[@digtlpete]

@@derekreed6798 thanks Derek!

[@whitestork3896]

For volume profile you need tick by tick. L2 is the order book. So you will need it for DOM or order heat map (like book map)

[@afawakefrontiers]

Hi Korbs you shoud do a tutorial on how to setup live data on Sierra Chart. Keep the good work!

[@korbstrading]

Hey A.F, appreciate the comment 🍻🍻

[@JessomeWoW]

Surprised you aren't using the denali feed since you are a sierra chart loyalist like myself haha. I personally love the denali feed. Thanks for the vids

[@korbstrading]

Thanks for the feedback. I haven’t used it yet, but I imagine I will be switching eventually

[@FrozenSkyy]

Thanks Korbs. Another great video that helps with the real issues that traders have to deal with! So I'm guessing you use the combination of AMP as your broker, CQG as your data provider and Sierra Charts as your platform? If yes, that's a great combo. I've also been hearing about Sierra's Denali data feed. Have you tried that too? Would really help to know how well Denali works with AMP + Sierra combination, and if there's an added benefit in your experience given the additional costs. Cheers Korbs

[@korbstrading]

Ayush, thanks for the comment. I have not tried the Denali, Sierra combo. I will be testing in the near future I imagine and will update 👍🏼👍🏼

[@KingdomEFFEX]

Do you offer a paid course/mentorship? All I see in your website is that free training button. I'm actually deciding between you and Trader Dale. I'm willing to pay to go beyond these free videos you put out (which are great btw).

[@korbstrading]

Yes, I offer a full development program called Profile Method. You can look exactly what's included here: www.tradacc.com/demo-optin/ On the same page you'll find a button to schedule a call with my team to learn more about pricing and enrollment options.

[@Qliphirot]

Have you heard about Kinetic? if so what do you think about it?

[@korbstrading]

Yes, but I have never used it 🍻🍻

[@richarddiphoorn]

Kinetics is actually DTN's IQFeed, but rebranded. And, you don't get the instant customer support that DTN offers. Other than that, Kinetic works just as good as DTN's IQFeed.

[@Emmanuel-wo4gs]

Thank you 👍👍👍

[@korbstrading]

🍻🍻

[@jjjensen9493]

thanks!, i use cqg, i like it, i dont need anthing fancy

[@julioc4978]

The price for the data feeds are very different from vendor to vendor. I am surprised you were paying a $100 for DTN, I thought they were cheaper. I use CQG because I don't have access to other data feed vendors that Tradovate can support. I believe what matters is whether you trade through the DOM. I believe Denali for Sierra charts is superior to all of the others. Great video. Cheers

[@korbstrading]

I will be checking into Denali Sierra soon. 👍🏼 will update in the future I’m sure :)

[@kevinlaffey9310]

Hi. Could you elaborate on what you said about whether trading through the DOM please?

[@jkoresh5483]

Hey Korbs, you ask for comments and yet you ignore or delete them. So I’m not sure why you post the best and the worst out there. You never replied to my question about Level1 and f it’s enough for Orderflow or Footprint or one needs both level1 and level2. I hope it doesn’t go into the trash in this time. I’m using ninja trader and thinking of getting CQG data feed for Orderflow and chart analysis and trade NAS 100 and sp500 on mt4

[@pumppump5428]

Did I miss something here. In the beginning you say it's worth every penny to pay for real time data feeds. But later in the video you say that you don't do it anymore because it was expensive and you didn't notice any difference. I don't understand at all. What is the truth? Thank you

[@korbstrading]

Yes, you missed something :). Real time date is worth every penny and I subscribe to real time data. I changed the package I use to a cheaper service and I don’t notice a difference. 👍🏼

[@Gindaman999]

There are so many issues with these semi-professional data providers. My rithmic just can't handle high traffic and they don't care. Always giving me time-out message. There's compatibility issues with platforms, among many others. They just don't care if retail trader has any issues as long as they can make $ from institutions.

[@korbstrading]

Interesting to hear that perspective. Are you still using Rithmic? And have you tried IQ?

[@Gindaman999]

@@korbstrading No, only Rithmic, but I’m sure you know how the customer service of some of these trading vendors can be. I use Rithmic because of price and they offer full depth for limit orders (I need them for my heatmap). I have a ethernet connection to 1Gbps internet and my computer has 16gb ram with a decent CPU, there’s no way it’s coming from my end. There might be a platform issue, but I have no way to fix it either. When there are traffic, the tick data just can’t keep up, I even opt for the aggregated data.

[@Someduud]

You must have not really used Rithmic, otherwise, believe me you WILL notice a HUGE difference. Rithmic data is so laggy at the US open for NQ, the instrument becomes not tradeable and you will end up loosing money.

[@TradeYourPlan]

Korbs, are you deleting comments? :"( I'm not selling shit. Was even sending folks your way, but, it appears your channel is focused on selling your product while attempting to preserve your image. Truly, was attempting to educate you on datafeeds. Oh well. I'm sure you'll delete this too. :P

[@korbstrading]

Hey there, no I do not and I don't recall comments from you. Sorry in case I've missed it, how can I help you?

[@jimbroiles6905]

Folks, let me introduce you to the poster child of the 99% of people who lose their money trying to trade when the only qualification they have is the ability to click a mouse. Or perhaps it is even worse than that. This is the poster child of the youtuber who has never made a single trade and puts company brand names and other search terms in the titles to drive traffic to completely useless content. How do you quantify good data versus bad data? Where is your analysis that compares these data streams and discusses why one is better than another? What criterion should be used in selecting a data provider? You didn't even mention the word latency in the entire discussion. I can't believe someone hasn't ripped this guy yet. I guess today I am in the mood to do it.