In August FP Markets Raw had the lowest spread on average, with a monthly spread average of 0.46 pips, far below the August GBPUSD average of all 50 broker feeds that TradeProofer records or 1.29 pips.
Below you can see FP Markets Raw GBPUSD weekly spread averages over the last 5 weeks, compared against the TradeProofer GBPUSD Spread Industry Index.
TradeProofer’s Spread Industry index is compiled from 10 different forex broker accounts: IC Markets Raw, FP Markets Raw, TMGM Edge, Fusion Markets Zero, Vantage FX Raw, Global Prime No Commission, Axi Pro, Pepperstone Razor, Go Markets Raw and EightCap Raw.
