I have recently came across something that I cannot explain: The price is the same but the candlesticks are not.

A couple of things - I can't see IG's charts but spreadbetting providers show charts that depict their own prices on a particular market, but his should only be a tiny amount different from the underlying market itself. In any case, they have to decide some point in the clock to terminate the "day".

forex candle graph is differed from broker to broker

I slao use a chart provider who offers an early version of the forex daily, at London time, using London close prices, updated in the evening by a later version, after NY has closed. Possibly what you are seeing is IG use an average of the buy sell levels ie: They run a 1 price display unlike most brokers who show buy and sell level lines displaying the spread.

How to Read a Candlestick Chart

I was when I first started with them, it makes it hard to trade as a newbie hence I left that broker There is a possibility that you might see small difference in the charts when you are looking at different brokers and websites.

There could be few reasons why that could be happening. Opening and closing time of candles on charts could be different on website and broker, resulting in formation of charts that could be slightly differnt.

For example, opening time with some forex broker is Decentralized forex market- As we know that forex market is decentralized and there are quite few LPs and prime broker that are providing the liquidity.

And all the brokers they get liquidity from different LPs and prime broker and there is a possibility that you would see few pip difference in their pricing. Some time the pricing from these prime brokers could be same and some time it could be off by few pips from each other.

Forex market provides trading in spot market and if you are comparing the spot price with future prices you would see different formation of charts. Sometime spot prices can match with future price and sometime it can trade higher and lower based upon multiple factors.

Truth about Forex » Forex brokers truth (Part 2). Trading platform time zones.

Moreover, some of the market makers would add spread to the existing spread to fault the trading prices of the instruments. These market makers place trades against the traders to make their own profits.

Why are charting website and broker graphs different? Hi everyone, I have recently came across something that I cannot explain: Is there a reason for this?

Its bloody annoying but there's no set industry standard. Hope this might help.