Beginer here. How a Broker makes his commission
This topic contains 3 replies, has 2 voices, and was last updated by superfxtrader 4 months, 3 weeks 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
You must be logged in to reply to this topic.