Search metatrader indicators, expert advisors and scripts

Forex Broker Spread Comparison Indicator

broker spread comparison

With this mt4 indicator you can easily compare forex broker spread for different currency pairs.

A lots of website have a table with broker spread comparison but with this indicator for metatrader you can compare real time spread for different currency pairs offered by your Forex Broker directly in your Metatrader. You can see in real time if spread wides during high new events. I suggest to download Metatrader from the broker you are interested opening a live account and then attach the broker spread comparison indicator and see which are the real spreads. Also, take into account that sometimes spreads offered in demo platform are different from spreads offered in a live account. This is especially important to know if you use scalping strategy aiming at few pips gain for every trade. So choose your forex broker wisely comparing the spreads because high spreads can eat up your gains.