To use chat, please login.
Back to contacts

What do forex brokers rely on to make money?

VGIFXAmmy (Ammy2323)
Jul 04 2019 at 13:45
10 posts
Are the brokers making money from the loss of the customer?🙄

We can seriously discuss this topic~
I look forward to your reply.😇

Professional4X
Jul 04 2019 at 19:54
1189 posts
Ammy2323 posted:
Are the brokers making money from the loss of the customer?🙄

We can seriously discuss this topic~
I look forward to your reply.😇


Brokers make money from commissions and spreads.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Frank Martin (frankmartin1)
Jul 04 2019 at 22:00
46 posts
Of course, anyone never gives you free service

CrackedMic
Jul 05 2019 at 11:25
12 posts
Brokers that take the other side of your trades will make profit when you lose. Just like normal sports betting

VGIFXAmmy (Ammy2323)
Jul 09 2019 at 08:53
10 posts
CrackedMic posted:
Brokers that take the other side of your trades will make profit when you lose. Just like normal sports betting

The problem is that many brokers do not recognize it.

Felhagamand
Jul 10 2019 at 20:00
25 posts
Usually from comissions and spreads, so basically each time you play, that's why they really should be interested in fair play, but sometimes that doesn't really happen so what to do with all that is up to you. If you look at scam stories it's something with leverage as well.

VGIFXAmmy (Ammy2323)
Jul 11 2019 at 05:29
10 posts
Felhagamand posted:
Usually from comissions and spreads, so basically each time you play, that's why they really should be interested in fair play, but sometimes that doesn't really happen so what to do with all that is up to you. If you look at scam stories it's something with leverage as well.


well said. There is no free lunch in the world. Haha~ Can I communicate with you often? I want to learn more with you.

TeamNotreDame
Jul 11 2019 at 08:28
11 posts
Best type of broker are ECN brokers. The charge commission with every trade but have super low spreads and do not take the other side of your trade

cliffard
Jul 11 2019 at 09:52
6 posts
TeamNotreDame posted:
Best type of broker are ECN brokers. The charge commission with every trade but have super low spreads and do not take the other side of your trade

i agree, you get direct quotes from the LPs and no interference.

willtradr
Jul 13 2019 at 05:43
26 posts
Forex Brokers earn money through various sources like :
    • They charge commission or fees,some of them hidden too per trade or spread.
    • Payment Processing commission- Online brokers deduct this fees only when you deposit or withdraw money.
    • Leverage- So many brokers offer high leverage. For example 1:100 leverage,it multiplies your trading volume but with this a broker can probably make a commission by widening the spreads or trades.

Please login to comment .