How to Choose a Precious Metals Data Feed Provider

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There are plenty of companies that claim to have an accurate precious metals data feed. But you need to find the right provider in order to give your customers the best possible data. The precious metals market rarely sleeps. With three exchanges around the world, your information needs to be accurate all of the time.

Find out how to choose a precious metals data feed provider with our guide.

1. Reliability

Choose a company that focuses just on software as a service (Saas). Why? Because they understand what it takes to deliver high-quality, up-to-the-minute pricing information based on live data they receive from the three exchanges. Our staff is highly technical to deliver the correct live data feed for your needs. Don’t settle for competitors who claim to have the right information.

When vetting your precious metals data freed providers, here are some red flags:

Data is sourced from banks, which is impossible. Banks are not commodities or investing experts.
Data sourced from currency feeds. Currency is not the same as precious metals, not even close. Your chosen provider should just be getting their information from the precious metals markets.
They are reselling the actual data. Competitors will scrape data from other third parties, repackage it, and sell it. That’s illegal because these hacks take proprietary platforms and sell the data as their own when it’s really not.

How are we different than the competition?

We source from primary and backup exchange companies, so there is no single point of failure. Our team vets these providers ahead of time, and we have a longstanding relationship with them. Our providers source their information directly from the precious metals exchanges (London, New York, Shanghai).

2. Expertise

We are highly trained developers. But we also understand the information we present through our precious metals data feeds. Before starting nFusion Solutions, members of our ownership team held senior leadership positions at some of the world’s top public exchange and investment companies, such as Dow Jones, Charles Schwab, and Market Watch, collectively for over 10 years.

We’ve also been in business for more than 10 years as a SaaS company. Many competitors are fly-by-night hack jobs that aren’t in the precious metals industry. Instead, they are developers looking to make a quick (and sometimes illegal) buck on the side.

You want a precious metals live feed provider to know the technology and the markets. Just look at our well-respected clients. They’re some of the heavyweights in the precious metals commodities markets.

3. Service

Our tech support team is in-house. When you talk to someone in our support team, you’re speaking to the people who built the platform from the ground up.

Our charts and widgets integrate with responsive design and mobile apps, and they work on mobile devices for people who prefer to keep their precious metals feed close at hand.

You can customize alerts to let you know when the prices change based on the parameters you set. A prime example is if the price changes a certain percentage during a trading session.

Look for providers who offer a free trial or demo. We offer a 14-day free trial of our precious metals live data feed to see how it works with your systems.

4. Seamless Integration

Our API is designed to be user-friendly and easily integrated into your existing systems. The integration process is smooth and hassle-free, allowing you to start using our API quickly and efficiently, generally in two weeks or less.

Contact us or request a quote today to get started.