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The nice thing
in global forex trading about using a forex broker is that they don't charge any
commission per trade like you see with the stock market. Instead, forex brokers make their
money in global forex trading by taking the difference between the bid price and the ask
price of the currency,this is called the spread
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Be wary
Be wary of brokers that take too much of that
spread as their fee as it can affect your profit margin. Ideally you need a forex broker that
charges 2-3 pip spreads, and definitely avoid any that charge anything higher than 5-pip
spreads.
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Some things to take into account in global forex trading when selecting a forex broker are
the spread. This is your cost of trading in this market of. The spread is the price you buy at
and the price you sell at. When selecting a broker in global forex trading do not base your
decision solely on the lowest spread as it is not always the best broker that provides the
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