Thread: Spread is the only source of earning for a broker

Spread is the only source of earning for a broker. The difference between ASK and BID is called spread. It represents brokerage service costs and replaces transactions fees. Spread is traditionally denoted in pips - a percentage in point, meaning fourth decimal place in currency quotation. Following types of spreads are used in Forex Trading. As a narrow spread, I am offering AAFX brokers who offer more than 60 pairs to trade with. Most of the pairs convey narrow floating trading with flexible margin level.

Learning is the basic skills in forex, such as how to read charts, is really important. This is because once you have this vital skill under your belt, it will be a lot easier and quicker when the time comes for you to make big profits from your trades. For this, I am trading with Bprimes foreign exchange broker. And I am using their quotes, charts, calculators and other tools and gadgets that help me a lot with my trades.

For a broker the only earning source is the spread. Brokerage service costs it represents and transactions fees it replaces. While choosing the broker we the trader mostly considers lower spread broker. Forex4you is a solid and pure STP executing broker which allow lower zero spread, error free trading platform, fastest and smooth trading execution, smart bridge technology, risk management, expert assistance etc. in their platform. So I am enjoying my trading.