Beginer here. How a Broker makes his commission
This topic contains 3 replies, has 2 voices, and was last updated by superfxtrader 2 weeks, 3 days ago.
Sep 1, 2017 at 12:54 pm #545
Hi Guys…I got a doubt..about forex broker… How a Broker makes his commission00Sep 1, 2017 at 12:54 pm #546
They make money from the spread( difference between the bid and ask rate).00Sep 1, 2017 at 12:54 pm #547
The CLAIM how a broker makes profit upon the trader is TRUE; one may also note; the topic is subjective; as some BROKERS make a commission on TRADE VOLUME; and permits the trader to engage the market AT VALUE; while others may have front-end and back-end fees AND a spread; therefore; one MUST KNOW the details of the institution PRIOR; as simply assuming the spread is the end-all; may be considered; not entirely TRUE.
~Rich00Sep 1, 2017 at 12:54 pm #548
There are many methods by which brokers make money which include: commission from spread, commission by processing payments, from the overnight swaps spread etc. Different brokers have different criteria for charging fees or commissions from traders.00
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