Here’s something nice to see….comparing broker spreads are tedious but mt4i makes it easy..Check it out at mt4i

Too bad they have not added FXprimus to the list yet, maybe I will tell them later.

mt4i email said:

We are pleased to announce the start of a new service from MTI Live: comparison of broker spreads based on collection of every tick during the trading week.

You can find the new data and tools at http://www.mt4i.com/spread. We are monitoring the spread on every tick reported by brokers to MT4, compiling several million data points per week in order to let you do the following:

* Compare the average spreads on a symbol from different brokers (e.g. EURUSD)
* Compare the range of spreads from minimum to maximum, as well as the average
* Inspect the variation across different market sessions – for example, some brokers deliberately widen their spreads during the Tokyo session to hinder scalping
* View a “rate card” of a single broker’s spreads on several symbols (e.g. an Alpari Classic account)
* Chart the average spread from a broker, and the range of their spread (e.g. Alpari Demo/Pro)
* Draw a comparative chart of the average spreads on two or more broker accounts (e.g. Alpari Classic vs Alpari Demo/Pro)
* Open multiple browser tabs (using Ctrl+click) to switch easily between different information
* Bookmark individual pages of data, or share their URLs with friends and associates

You can read more about the collection process and analysis at http://www.mt4i.com/spread/aboutspreadcollection.aspx.

Over the coming weeks we intend to add more brokers and symbols to the service (particularly brokers), and more analysis functionality.

As ever, please do contact us with any suggestions or feedback you have. We are particularly interested in hearing from people who are prepared to let us use the read-only MT4 investor password on a live account in order to collect its spreads.