This article extends our previous discussion on The Best Amibroker Datafeed Services in India and focuses on the best Amibroker datafeed services in the USA. Many of these services also cater to European and Australian markets.
We’ve assessed the best Amibroker datafeed services based on crucial parameters:
- Connectivity with Amibroker – The service should offer a smooth plugin to connect with Amibroker.
- Accuracy of data – Expect the datafeed to deliver precise data for both live trading and backtesting.
- Live and Historical Data – The service should provide both current data and a source of historical data for effective backtesting.
- Cost – Look for reasonably priced data subscription services.
Let’s explore the services we recommend:
eSignal data feed stands out with lightning-fast data from hundreds of global markets, integrating seamlessly with Amibroker. It also offers independent charting and backtesting solutions, even without Amibroker.
Learn how to connect Amibroker with the eSignal plugin here.
Key Features of eSignal:
- Provides real-time, accurate data for Stocks, Futures, Options, and Forex from global exchanges.
- Supports up to 500 symbols simultaneously.
- Offers intraday historical data based on your chosen plan.
- Market depth available as an additional feature.
- Access to numerous technical indicators, a charting and backtesting platform, and real-time connectivity with various tools besides Amibroker.
Pricing
Pricing varies by plan – Classic, Signature, or Elite. As of now, the Classic plan costs $58 monthly or $576 annually.
Compare pricing options here.
Advantages of eSignal
- Real-time Amibroker connectivity with backfill feature.
- Provides data for multiple stock exchanges and Forex.
- eSignal platform is useful for charting and backtesting even without an extra subscription.
Limitations of eSignal
- Cost is above average.
- Limits on historical data downloads during peak trading hours.
Read more: Amibroker vs TradingView – A Comprehensive Comparison
IQFeed is a popular choice that offers real-time tick-by-tick data for US and Canadian exchanges (NYSE, NASDAQ, NYSE MKT, Canadian Stock Exchanges). It also provides slightly delayed data for global stock exchanges. IQFeed connects to Amibroker through the included IQFeed plugin.
Check out this video tutorial for connecting IQFeed with Amibroker.
IQFeed is a widely-used Amibroker datafeed service in the USA.
Key Features of IQFeed:
- Add 500 symbols to your watchlist at once, with an upgrade option to 2500 symbols.
- Access 180 days of historical tick data, 11 years of intraday 1-minute data, and 80 years of EOD data for various exchanges.
- Includes fundamental data for US stocks.
- Streams Real-Time news from various popular websites.
- Compatible with Microsoft Excel or OpenOffice.org’s Calc software.
Pricing
IQFeed’s core services start at $99 monthly for US and Canadian exchanges. Add-ons are available for F&O data.
Detailed pricing is available here.
Try a free trial before subscribing.
Advantages of IQFeed
- Renowned for its extensive historical data, ideal for backtesting.
- Reasonable pricing for the data provided.
- MS Excel connectivity is an added benefit.
- Excellent customer support.
Limitations of IQFeed
- Cost increases significantly for global exchange data.
- Provides unfiltered data, which may include some inaccurate ticks.
Interactive Brokers (IB), a globally recognized stock broking platform, also offers real-time market data with smooth Amibroker connectivity. IB is a trusted data feed service, listed on NASDAQ (IBKR).
Learn how to connect IB’s data plugin with Amibroker here.
Key Features of Interactive Brokers:
- Supports up to 100 symbols in real-time.
- Compatible with various time intervals like 15 min, 5 min, 1 min, 15 sec, 5 sec, and tick.
- Provides up to 30 days of intraday data backfill in 1-minute intervals and up to 2000 bars in 1-sec intervals.
- Caters to Europe and Asian markets in addition to US/Canada.
Pricing
Delayed data is free. Real-time data charges are on a per-quote basis: USD 0.01 per US equities quote and USD 0.03 for other instruments.
Detailed pricing can be found here.
Advantages of Interactive Brokers
- All-in-one platform for trading, backtesting, and data subscription.
- Opportunity to access data free for backtesting purposes.
- Reliable and accurate data from a reputable source.
Limitations of Interactive Brokers
- Complex pricing plans.
- Limited availability of historical data.
Conclusion
We hope this guide has given you insight into the best Amibroker Datafeed Services in the USA, crucial for effective intraday trading. While these are our top picks, many other services are available online. Choose wisely, as accurate data is the backbone of successful trading strategies.
Found another noteworthy Amibroker datafeed service? Share it in the comments, and we might include it in our review!
