Can I trust volume data for CFD?

I wonder if volume data for commodity CFD (in my case, Nat Gas) comes from CME exchanges. My question is virtually the same as this one: https://futures.io/options/27468-cfd-volume-where-will-come.html



Can this be true?

My problem is, I have an indicator I like but unfortunately, it's for MetaTrader4 and I don't have its source code. I use this indicator with Nat Gas CFD chart from my forex broker IC Markets. Because this indicator (VWAP related) relies on volume data, I want to know if the volume data is reliable.

Thanks,

 

Not sure, but I have always thought the volume is from the CFD exchange, so that you cannot really be sure you get the total volume

 

I don't trust those volume data.



That's why I trade futures through the Exchanges like CME, HKFE ...

 

Isn't it like Spot? Ie tick data the amount of times price changed within that bar?

 

No !

 

I also think CFD's volume is actually tick volume....

 

I don't trust those volume data.

That's why I trade products from exchanges like CME ...
It is better to pay for quality data rather than
to get free but questionable volume data.

 

You should definitely contact the broker for this. That way you’ll get to know if the volume data is reliable or not. Good luck.

 

Yes, I contacted IC Markets but their feedback was clueless..... It seems they didn't understand my question properly even if I explained it in plain English.

 

you can ask them why the gold price (or any other product) is so different from the CME exchange price.
You will surely get a 'wonderful' answer.