Category «Recent Posts»

EURUSD Spreads Are Increasing!

Using TradeProofer’s data we are able to track trends in forex spreads. Over the last 5 weeks our EURUSD spread industry index shows that spreads are increasing, despite rangebound conditions. Last financial year saw FX Brokers race to 0.0 spreads. In 2021-2022 will spreads recover back to the mean? Our Industry index is compiled from …

How To Download Install And Run TradeProofer’s MT4 software

Download The Software From Your Client Portal In TradeProofer.com 2. Open The Download FileYou should see the installer screen as below. Click next to get started. 3. Confirm Your Email Address (So that the MT4 Software syncs with your TradeProofer Client Account). 4. Select The MT4 Terminals you want to install TradeProofer on (or hit …

Major Forex Pairs Spreads Recap

Hi traders and welcome to last week’s spread wrap. It’s never been better to be a forex trader, with forex brokers competing extremely competitively on spreads and commissions in 2021.  Why Do Spreads Matter? It’s essential for traders to know the spread in the forex market. The spread is a key cost in each forex …

The Best Forex Trading Community – TradeProofer

TradeProofer is the best MT4 forex trading community, having supported forex traders, brokers and proprietary trading groups. TradeProofer’s mission is to provide credible and unbiased information to review, compare, and monitor performance in the forex trading industry.  TradeProofer’s forex trading community consists of all levels of traders, who trade all different trading styles & systems …

What is Slippage & Trade Execution? How To Reduce Slippage Forex Trading

What Is Slippage? Slippage Definition What is slippage in trading? It refers to situations where the quoted trade price is different to the price that the trade is executed at. There are several reasons for slippage to occur. Slippage mostly occurs in highly volatile situations. These include large volumes of market orders which can alter …

IC Markets Forex Broker Review – IC Markets Spreads

Any devoted forex trader with a few years of trading under their belt has undoubtedly heard of IC Markets, and has most likely even traded with them at one point. IC Markets are regulated by Cysec, ASIC &  the FSA. Due to their multiple regulations we are satisfied IC Markets is a safe forex broker. …

What Makes A Good Forex Broker? How To Choose A Forex Broker 2021

There are many forex brokers out there to choose from, so knowing what differentiates a good broker from a not so good broker is essential.  Regulation First and foremost, there are two conditions that must be met by every broker, and those include regulation and fund safety. A good forex broker needs to be registered …

The 10 Best EURUSD Brokers in March 2021

As a trader it can be difficult finding the best place to trade. Between finding a broker that you can trust, making sure that they have good spreads & making sure the commissions are low, it can be a complete handful finding a reliable broker. Luckily TradeProofer can help, thanks to our community of Forex …

A News Heavy Week – Fundamental FX Outlook

Our friends at Tonisignals have shared with us their economic outlook for the rest of the week, as a number of high impact economic events approach. During high impact events traders are more likely to experience slippage, so make sure you are aware of the events! The Week Ahead It looks like we could experience a …