SpreadProbe - expert for MetaTrader 4
All forex brokers make money from the differences between ask and bid prices or called spreads, which are the full cost of trading for a trader,
It is critical for a trader, specially a day-trader to trade with a broker who provides low spreads among other things. However, the reality is that spreads usually vary through the day, and brokers usually do not provide as tight spreads as they advertize or promised. the question is how to find out if your broker is honest or compare spreads among brokers?
Here, SpreadProb is designed to do the benchmark for you.
The result is saved in a file in "experts\files" folder. It contains 3 columns: start time, end time, average spread of the interval. By default the interval is set to 15.
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