Best Forex Broker Spreads

By Tom Stewart on 20 July 2021

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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 EURUSD spreads last week, and Vantage FX significantly improved their EURUSD spread w.o.w, accounting for a significant part of the Index’s move.

Our Industry index is compiled from 10 FX price feeds:
IC Markets Raw, Fusion Markets Zero, FP Markets (First Prudential Markets) Raw, TMGM Edge, Global Prime No Commission, Eightcap Raw, Pepperstone Razor, Axi Pro, GO Markets Plus, and Vantage FX Raw.

FX Majors Best Broker Spreads

By Tom Stewart on 20 July 2021

TradeProofer Weekly Recap Hi traders, last week spreads on major FX pairs tightened, and Fusion Markets had the #1 spread average for XAUUSD, knocking Think Markets out of the #1 spot. EURUSD IC Markets #1. IC Markets holds on to the #1 spot, with Blueberry Markets & EightCap following up with tight spread averages. EURUSD …

EURUSD Spreads Are Increasing!

By Tom Stewart on 12 July 2021

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 …

Building An Automated Trading System With No Coding - The Next Big Thing?

By Tom Stewart on 11 June 2021

Just yesterday I had the pleasure of building my first automated trading system. I’ve never coded anything before in my life, and I can still say that I haven’t. So how have I managed to build an automated trading system? Through TradeProofer I have the pleasure of keeping up to date with what’s going on …