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What do forex brokers rely on to make money?
Anggota Sejak Jul 23, 2020
759 pos
Anggota Sejak Jul 20, 2020
341 pos
Sep 16, 2020 at 01:11
Anggota Sejak Jul 19, 2020
788 pos
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.
Anggota Sejak Jul 19, 2020
318 pos
Anggota Sejak Jul 23, 2020
869 pos
Anggota Sejak Sep 22, 2021
2 pos
Sep 22, 2021 at 13:47
(diedit Sep 22, 2021 at 13:48)
Anggota Sejak Sep 22, 2021
2 pos
Hmm, I think so. It's always important to remember that a broker is not your best friend, he's doing his job and is always looking for a profit to make. Although, I know a company They have customer service, actually the same brokers, but they really work for the customers, not for themselves. I think brokers make money even when they lose clients.Perhaps another component is taken into account from the process of working with the client, no matter what he left. It is true that we won't know these nuances until we get into this kind of work ourselves. But I think there are many articles on the Internet on this topic. I will have to read it, I am very interested in this question. Let me know if you find anything about it.
Anggota Sejak Jul 20, 2020
399 pos
Anggota Sejak Aug 17, 2021
94 pos
Sep 25, 2021 at 17:00
(diedit Sep 25, 2021 at 17:00)
Anggota Sejak Aug 17, 2021
94 pos
In return for executing buy or sell orders, the forex broker will charge a commission per trade or a spread. That is how forex brokers make their money. ... The difference between the bid and ask price is the broker's spread. A broker could also charge both a commission and a spread on a trade.
Sep 26, 2021 at 23:32
Anggota Sejak Apr 03, 2021
470 pos
As I know the broker get profit from spread and trading commissions, like as money changer take profit from difference bid and ask the more transaction volume, the bigger profit will be obtained
but maybe a company not only gets income from its source, but it possible they also work in another investment.
but maybe a company not only gets income from its source, but it possible they also work in another investment.
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