Some days ago, I wrote about the broker section over at Forex Factory (Forex Factory – Broker Information) – This is a great feature to Forex Factory which allows the readers to get an easy overview over several different forex brokers and key details about them.
Forex Factory – Live Spreads
Now Forex Factory went one step further and implemented the same live spread feature as seen over at MyFxBook. This allows you to track and compare spreads between various brokers in real time. This is a really cool feature, where you can get a good overview.
Objective Spread Information
Spread information from brokers own websites is usually not very objective – “Spread as low as something” should be seen as “more often than not, not as low as … something”. Now with the tool over at Forex Factory you can unbiased and true information about the spreads. You can easily see how has tightest spreads around EOD, news releases, Asian session, etc.
This is a great addition to Forex Factory. Head over to the live spread section on Forex Factory and check it out.