Beginer here. How a Broker makes his commission
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.00Nov 17, 2019 at 4:56 pm #2246
I prefer a quality broker regardless of anything else. And this is where my preference is straight with FreshForex. A leading company with countless benefits. One can work with over 130 instruments with them plus several other such stuff which counts for smooth trading platform and much more. We can also get educational guidance with them which makes them so good.00
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