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What do forex brokers rely on to make money?

Michihito
Aug 28 2020 at 04:32
298 posts
Usually a broker make money by commission and spreads. If your account is commission free, the broker make money by the spreads gap in a pair. It could be from 1 pips to 8 or more depending on different currency pairs.

ethan_65
Aug 28 2020 at 09:25
41 posts
Brokers generally make money by commissions, swaps, spreads,etc. The main source of income for a broker are spreads.

SofieAndreasen
Sep 15 2020 at 05:26
571 posts
Broker generally rely on spread or commission to make money. However, some scam broker steal money from its trader. So, avoid scam broker.

Mauk
Sep 15 2020 at 10:44
73 posts
The most offensive thing, of course, is to get caught by scammers who will really take you away your funds that you will earn. And if the broker is normal, well, like Amarkets with a spread of 0.2 pips, then all sides are in the black

ElliotCooke
Sep 15 2020 at 19:59
341 posts
To trade in the forex you need a good and reliable broker. a good broker can make you rich. On the other hand, A fake or wrong broker can put you in great problem.

AliaDare
Sep 16 2020 at 01:11
587 posts
Brokers are an important part of trading. Brokers need to have an honest and trustworthy attitude to get good trading results. A good broker can give success to a trader. And a bad broker can put a trader in danger. So every trader should be aware while choosing a broker.

GeorgeBischof
Sep 17 2020 at 11:06
318 posts
Broker is the most important element to trade in the market. Most of the traders lose their money because of choosing the wrong brokers. So, be careful when you choose a broker for you.

LyudmilLukanov
Oct 20 2020 at 17:44
547 posts
ethan_65 posted:
Brokers generally make money by commissions, swaps, spreads,etc. The main source of income for a broker are spreads.

You are right. However, scam broker make money from stealing you.

Robert (Robert647373)
Oct 21 2020 at 07:01
93 posts
Earning an honest broker is spread and commission, dishonest all your money.

Josuvaphilip
Nov 05 2020 at 12:05
27 posts
All brokers make money by commissions and spreads. Even the zero commission brokers make money through wide spreads.

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