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FXStreet presents live spread data

FXStreet, one of the largest forex sites, has  revamped its tool for comparing brokers, and  it now consists of real live spread data from 21 brokers and 6 currency pairs.

The data also takes into account commission and spreads during high various market  environments. For more information, here is the official announcement:

We’ve improved  Brokers Comparative Table  service and renewed its design offering  real time spreads data. FXStreet Brokers Table supports21 brokers and growing and 6 currency pairs,  enabling investors to track,  compare and analyze the pricing activity. All the brokers listed in FXStreet Brokers Table are regulated by reliable and competent organisations.

What’s new?

  • Real time updating, feature interesting for  investors, who from now on are able to see which brokers are offering the most competitive prices, in a cutting-edge interface with a more accurate design outlining the main information.
  • Information on brokers commission, if proceeds. The table also informs if the broker has added any commission to the spread.

Those brokers who give a  fixed price  will also be included, being their information of special interest in periods of high volatility and low liquidity. In addition, all the  data published  in the Brokers Comparative Table  comes from real accounts, which makes it quite valuable when making trade decisions. The content is now provided by Myfxbook, an online automated analytical tool for your forex trading account and a social forex community first of its kind.

What’s what

The  spread  is the difference between the bid and the ask price, and it’s expressed with a similar quote convention than the pair: Bid / Ask. Being the Bid the highest quoted price at which the counterparty is willing to buy a currency pair, and the Ask price the lowest quoted price at which he is willing to sell.

Here is the original publication.

 

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.