How do I get Forex data via FIX

External question — Quantitative Finance Stack Exchange Author: Jonathan Original post: https://quant.stackexchange.com/questions/35885 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. We need to create an internal Forex API for internal usage. We're interested in the accuracy and real-time availability provided by a Fix connection. How would we go about getting access to a FIX endpoint without spending thousands of dollars? Is it possible to find a broker to give us access to their endpoint?

External answer — Quantitative Finance Stack Exchange Author: hroptatyr Original post: https://quant.stackexchange.com/a/35900 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Too long for comment: It's unclear what your idea of the Forex market is but, generally speaking, FX is an interbank market. So you connect with the bank(s) of your choice and be done with it. In my experience not a lot of banks offer FIX trading though, only FIX STP and Drop Copy to your back and middle office. Then again there's ECNs like Fastmatch where banks and ordinary clients can connect and provide or take liquidity. Most of these ECNs primarily support their own binary format and many of them offer market data and/or trading via FIX as well (Fastmatch, Dukascopy, etc.) As for pricing, in any case it's all bespoke: Banks expect you to trade a certain amount per month but formally don't charge for using FIX (if they support it in the first place), ECNs typically charge you (or pass on) connection fees, there's no formal charge for FIX either. So in short: If you don't plan on actually trading FX the minimum turnover or market access fees will probably counter your plans. I'm not sure I understand your question about accuracy and real-time availability. Of course it's real-time and of course it's accurate. Or do you mean if there's some sort of guarantee to trade on the last seen quote, e.g. like a FIX Order 'D' or 'E' (prev quoted, prev indicated)?

External answer — Quantitative Finance Stack Exchange Author: rupweb Original post: https://quant.stackexchange.com/a/35904 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. The MarketFactory API looks interesting. Also try Integral's TrueFX