Why does my broker have slightly different prices?
I took a look at the closing price of NDAQ of the day 2019 04 26
at the NASDAQ website,
this market data API,
which has excatly the same values as NASDAQ,
open 89.63
high 90.09
low 88.7636
close 89.86
and my broker XTB, inside of their so-called xStation5:
1 Comments
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Becuse your broker is not a broker but a CFD bucket shop and that is HOW THEY EARN MONEY.
How much in fees do you pay? 0 - well, guess what, changing prices is where they make the money. Ups. See, "real" brokers charge all kinds of fees for every transaction and list them all separately - and are thus not allowed to modify prices.
Heck, they even say so on their website. "Share CFD trading". Buying a CFD != Buying the stock.
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