It’s easy to lose track of the bigger picture when looking at short term spread changes. Let’s have a look at the Month Over Month spread averages for TradeProofer’s Industry index across major forex symbols. In Q4 last year we saw FX Brokers drastically cutting spreads M.o.M. In the last few months spreads have stabilised …
Finding the best broker isn’t exactly a black and white task, as there are a wide variety of factors to consider when choosing. Spreads, commissions, swaps, funding methods, and regulation must be considered when selecting a forex broker, however, trade execution is often overlooked when deciding on a broker to trade with. TradeProofer knows how …
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 …
Want to know who offers the best spreads? Sign in to our portal to read the full article for free HERE! EURUSD Spread Index Last week TradeProofer’s EURUSD Spread Index decreased for the first time in 5 weeks. The tightest EURUSD spread average for the week was 0.035 pips from IC Markets Raw. Generally ECN accounts improved …
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 …