Why Tick Volume is different in different broker? What is the volume count based? Does larger Tick Volume mean more trade in that broker?

 

Dear experienced traders 


I found something interesting in Tick Volume

We already have some discuss for MT4. 

https://www.mql5.com/en/forum/109552/page4


Do you know below for MT5? 

1. Why Tick Volume is different in different broker?

2. What is the volume count based? 1 lot count as 1 or 1,000 lot count as 1? 

3. Does larger Tick Volume mean more trade in that broker? 


Thank you in advance and best wishes, 

Sky

What is a TICK?
What is a TICK?
  • 2011.01.16
  • www.mql5.com
What is a "tick" in MT4...
 
They have different liquidity providers, different clients trading different amounts ...
 
Tick volume is tick volume, it means nothing else. The real reason is there is a difference, it is not a central market. As result has effects like Carl describes. Besides, brokers can filter ticks, less ticks, less volume. 
 
Carl Schreiber:
They have different liquidity providers, different clients trading different amounts ...

Thank you so much, Carl. 

Do you know how to find the total (Central Market) Volume? 

I'm wondering the how the price decided fairly...

 
Enrique Dangeroux:
Tick volume is tick volume, it means nothing else. The real reason is there is a difference, it is not a central market. As result has effects like Carl describes. Besides, brokers can filter ticks, less ticks, less volume. 

Thank you so much, Enrique. 

>>Besides, brokers can filter ticks, less ticks, less volume. 

Could you kindly tell us more detail?