What do forex brokers rely on to make money?
Member Since Jan 05, 2016
1189 posts
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.
Member Since Dec 18, 2018
47 posts
Jul 04, 2019 at 22:00
Of course, anyone never gives you free service
Member Since Jul 05, 2019
12 posts
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
Member Since May 14, 2019
30 posts
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.
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.
Member Since Jun 28, 2019
11 posts
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
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.
Member Since Jul 09, 2019
38 posts
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.
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!
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!
Member Since Jul 26, 2019
31 posts
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.
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?
Member Since Nov 15, 2019
26 posts
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.
Member Since Sep 09, 2019
11 posts
Feb 04, 2020 at 14:57
Brokers reply on people who are unhappy with their financial situation and have an addictive personality type
Member Since Feb 11, 2020
12 posts
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.
Member Since Jul 23, 2020
759 posts
Aug 28, 2020 at 00:38
Broker’s authentic way to make money from spread and commission. However, scam broker steal traders fund.
