reliable Forex data feed service

[josepruitt]

Can anyone recommend a reliable Forex data feed service? I'm looking for accurate, real-time data with low latency and good historical data for backtesting. Any suggestions on platforms or providers that offer high-quality Forex data feeds for traders?

[jamescrook]

A great resource for exploring reliable forex data feed services is the guide on ForexTester. It highlights several data feed providers that deliver accurate, real-time data with low latency, essential for active trading. These providers also offer historical data that can be valuable for backtesting strategies. Platforms like Forex Tester itself are known for offering robust historical data and integration with various brokers, making it easier to test strategies with reliable, precise information. The guide provides an in-depth comparison to help you choose the right service based on your needs.

[katewilson]

Services like MetaTrader 4 and 5 often provide reliable data feeds, with historical data available for backtesting. Additionally, providers like FXCM or OANDA offer quality Forex data feeds with a wide range of market coverage and excellent historical data for testing. Make sure to check the quality of the data and ensure it's compatible with your trading platform to avoid discrepancies in your analysis.

[vivatleven]

Two years ago I had the same issue — I missed a couple of good entries during news releases because of a 2–3-second delay. I tested a few options, including free APIs like Alpha Vantage, but the latency and accuracy just weren’t good enough. Since August 2024, I’ve been using this website with their direct-to-market data. They offer historical data that I can use for technical analysis as well as share strategies that has already proven to have success. I found this super useful for backtesting my EUR/USD reversal pattern strategy on 15–30 minute intervals. Over the past year, this setup gave me an account growth of +18.4%. The only downside is their documentation isn’t the most user-friendly, but the reliability makes up for it.