Problem with price between brookers

Broker Discussion Forex Brokers
1

Hello,

I have opened a live account at XTB Portugal, and today, when I was looking at a chart, I found something strange.

I use the MetaTrader to watch and draw trendlines, and put orders on SaxoBank’s platform.

Well… This is the difference between two brookers:

This is XTB. This is a Live account and, as you can see, the AMZN closed on the price of 227.50. On 25th of October.

xtb.jpg700×319 44.7 KB

And this is GoBulling. This is a Demo Account and, the priced closed at 222.924 (ignore the horizontal line).

gobulling.jpg700×285 27.4 KB

I used google finance and the closed price was at 222.92.

As you can see, there is a variation of 4.57…

Which of the platforms are wrong?

Note: I didn’t tried with another MetaTrader brooker, I could’t find one to test this.

Regards,

MiguLuso

2

I have not heard of your second broker, GoBulling.
XTB, if i remember correctly is a bucketshop… not really good.

search for popular and reputable brokers that offer CFDs, download their platforms and then compare the prices with your own brokers.
it’s natural to find different prices from different brokers. the problem is, prices diverge more if you use unreputable brokers.
I believe CFDs are available in several other brokers (MT4 brokers, and others)

3

Ok, thanks for your response!

Well, should I cancel my account with XTB?

I’ve got a Portuguese broker that transmits their orders with FXCM. Is FXCM a good broker?

Regards,

MiguLuso