TradeProofer, which follows the execution of brokers, has released its spread awards.
All the details are here in the press release:
TradeProofer.com, a forex traders’ community to monitor brokers’ execution quality has published its Top Broker Spread Awards for 2015. The list covers 80+ brokers and 40+ fx crosses. Brokers’ spreads were adjusted by commissions to reflect separately charged fees and to make spreads directly comparable with one another.
Top 10 brokers regulated in high reputation countries received awards and those who made it to the top10 regardless their regulation.
The founders of the community told the awards were issued based on purely market data contributed by community members. They also readily noted that spread is not the only factor that traders should consider when choosing their forex broker, hence the distinctive “A-class regulation” badge for brokers seated in US, UK or Australia.Get the 5 most predictable currency pairs