What do forex brokers rely on to make money?
Členem od Jul 04, 2019
10 příspěvků
Jul 04, 2019 at 13:45
Are the brokers making money from the loss of the customer?🙄
We can seriously discuss this topic~
I look forward to your reply.😇
We can seriously discuss this topic~
I look forward to your reply.😇
Členem od Jan 05, 2016
1189 příspěvků
Jul 04, 2019 at 19:54
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.
Členem od Dec 18, 2018
47 příspěvků
Jul 04, 2019 at 22:00
Of course, anyone never gives you free service
Členem od Jul 05, 2019
12 příspěvků
Jul 05, 2019 at 11:25
Brokers that take the other side of your trades will make profit when you lose. Just like normal sports betting
Členem od Jul 04, 2019
10 příspěvků
Jul 09, 2019 at 08:53
CrackedMic posted:The problem is that many brokers do not recognize it.
Brokers that take the other side of your trades will make profit when you lose. Just like normal sports betting
Členem od May 14, 2019
30 příspěvků
Jul 10, 2019 at 20:00
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.
Členem od Jul 04, 2019
10 příspěvků
Jul 11, 2019 at 05:29
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.
Členem od Jun 28, 2019
11 příspěvků
Jul 11, 2019 at 08:28
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
Členem od Jul 11, 2019
6 příspěvků
Jul 11, 2019 at 09:52
TeamNotreDame posted:i agree, you get direct quotes from the LPs and no interference.
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
Členem od Jul 09, 2019
26 příspěvků
Jul 13, 2019 at 05:43
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.
• 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.
Členem od Jul 09, 2019
38 příspěvků
Jul 13, 2019 at 06:18
A forex broker has the responsibility of carrying out trade on behalf of his client trader. He does the job of executing the buy and sell orders for the trader concerned. Forex brokers normally operate in an OTC (over-the-counter) market so that very less rules and regulations are binding on them and they can work according to their will.
Now, how does the forex broker make money? These brokers charge their clients a basic commission for each trade or spread. Broker’s spread is basically the gap between the ask and the bid price of the transaction. There is no bondage on the broker to charge either a commission or a spread. He can, at anytime, charge both of them from the client.
There may be a possibility that some traders offer to work on commission-free basis for clients. But this is basically a way to fool the traders, as such forex brokers earn their revenue by widening the gap between their bid and ask prices.
Now, how does the forex broker make money? These brokers charge their clients a basic commission for each trade or spread. Broker’s spread is basically the gap between the ask and the bid price of the transaction. There is no bondage on the broker to charge either a commission or a spread. He can, at anytime, charge both of them from the client.
There may be a possibility that some traders offer to work on commission-free basis for clients. But this is basically a way to fool the traders, as such forex brokers earn their revenue by widening the gap between their bid and ask prices.
Členem od Apr 18, 2017
920 příspěvků
Jul 23, 2019 at 15:28
Kenkatzia posted:
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. A spread is a difference between the bid price and the ask price for the trade. ... A broker could also charge both a commission and a spread on a trade.
Yes; that’s the general way of money making by Fx brokers! But market maker brokers do trade against the traders!
Členem od Apr 18, 2017
718 příspěvků
Jul 23, 2019 at 16:25
lavis_book posted:
A forex broker has the responsibility of carrying out trade on behalf of his client trader. He does the job of executing the buy and sell orders for the trader concerned. Forex brokers normally operate in an OTC (over-the-counter) market so that very less rules and regulations are binding on them and they can work according to their will.
Now, how does the forex broker make money? These brokers charge their clients a basic commission for each trade or spread. Broker’s spread is basically the gap between the ask and the bid price of the transaction. There is no bondage on the broker to charge either a commission or a spread. He can, at anytime, charge both of them from the client.
There may be a possibility that some traders offer to work on commission-free basis for clients. But this is basically a way to fool the traders, as such forex brokers earn their revenue by widening the gap between their bid and ask prices.
Buddy; there have so many new traders here who are interested to know; how traders make consistent money from this market! Brokers make money here quite easily; but for the traders it’s too challenging!
Členem od Jul 26, 2019
31 příspěvků
Aug 31, 2019 at 19:45
They do rely on your transactions in reality, see my point ? So I do hope it will make wonders here no matter what. I really should understand that from the start and I would select much better broker that way, I hope you will follow my advice as well.
Členem od Apr 18, 2017
920 příspěvků
Aug 31, 2019 at 19:56
Fearlesswalker posted:
They do rely on your transactions in reality, see my point ? So I do hope it will make wonders here no matter what. I really should understand that from the start and I would select much better broker that way, I hope you will follow my advice as well.
You are correct & I think; your better broker means, regulated & good service provider broker’s; isn’t?
Členem od Nov 15, 2019
26 příspěvků
Feb 03, 2020 at 19:38
Your commisions, and I assume on that thing which is called leverage for something like that. I do not really want it to be seen honestly. Can you please make it possible anyway? That's why I am completely switching to the stock market soon.
Členem od Sep 09, 2019
11 příspěvků
Feb 04, 2020 at 14:57
Brokers reply on people who are unhappy with their financial situation and have an addictive personality type
Členem od Feb 11, 2020
12 příspěvků
Feb 26, 2020 at 11:22
willtradr posted:I agree with you
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.
Členem od Jul 23, 2020
759 příspěvků
Aug 28, 2020 at 00:38
Broker’s authentic way to make money from spread and commission. However, scam broker steal traders fund.
Členem od Jul 19, 2020
298 příspěvků
Aug 28, 2020 at 04:32
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.
