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Our Free Broker Watch indicator provides a unique, one-of-a-kind service aimed at giving traders the information they need to make educated decisions on their trades. This service is installed on the trader’s Meta Trader (MT4) trading platform and it will allow us to collect and provide valuable data that permits traders to preview the average worldwide broker price and spread, during market hours. On our website, a trader will be able to preview brokers, ranked by lowest to highest spread. This platform will also allow our members to rank brokers according to a menu of criteria and submit feedback. This will be a great value and a must have tool for new and experienced traders enabling them to make more informed decisions when seeking the best broker for their trades.The collected data can also be provided in the form of a report. This will allow traders to track the changes in their brokers’ spreads and prices during volatile times in the market, such as during news events or economic releases,and identify when stop loss hunting (price manipulation) has occurred, all of which is critical knowledge for successful trading. Stop loss hunting is when an unscrupulous brokerage firm pushes the price on their trading platform in a particular direction (up or down), in order to trigger stop orders of the traders who have accounts with their firm. When this occurs, the traders stop loss order is triggered, its market position is closed and the trader often suffers a loss. Until our platform was developed, it was extremely difficult or impossible to confront a broker with any evidence or enough evidence of their actions. The demand for this proprietary, one of kind indicator is expected to drive thousands of traders to the site.  |




