IB is not expensive at all. If you do a few trades a month it's free,
otherwise it's $30-70 for most endpoints you'd want. If you're paying per
symbol (instead of per endpoint) something is wrong with your setup. IQF is
generally more expensive but better.

See also
http://quant.stackexchange.com/questions/37/what-broker-feed-apisetup-allows-for-recording-the-most-accurate-data-cheaply


On Thu, May 30, 2013 at 10:42 AM, Miguel <[email protected]> wrote:

> IQFeed fees are available in
> http://www.iqfeed.net/index.cfm?displayaction=data&section=fees They also
> offer a waive program for CME fees so that your fees are waived if you have
> a funded account with Interactive Brokers. I don't know if the level2
> market data is waived or is just for level1 data. You will have to pay 50$
> for setup, 68$ monthly plus exchange fees.
>
> There is 1 month of demo in which you don't pay the setup and maintenance
> fee, just exchange fees.
>
> The feed is a windows executable that connects to IQFeed servers. Then you
> have to connect through sockets to localhost and request the contract data
> you want. My trading workstation is linux, and I run the windows IQFeed
> executable using wine without problems.
>
> On Thursday, May 30, 2013 9:59:08 AM UTC+2, Borg Alexander wrote:
>>
>> Miguel,
>>
>> this sounds interesting. What is the cost structure of the level 2 data,
>> which I believe is book data (how deep?), from IQfeed (including exchange
>> fees)?
>>
>> With IB you have 3 (concurrent) Future Symbols for free. In order to have
>> 5 I had to buy 4 so called booster packs ($30/month each).
>>
>> This is quite expensive. I wonder if I could have more for less $$ with
>> IQFeed.
>>
>> Alexander
>>
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