Thread: Forex Brokers
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Old 06-10-2008, 01:28 AM
Cash Cash is offline
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Join Date: Mar 2008
Location: Central Coast of Calif.
Posts: 27
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They say the Forex markets is a trillion dollar market.
Isn't the market the retail Forex trader trades in, a rather smaller market. Don't Forex brokers make markets from quotes they get from a bank or two and then typically widen that spread and pass it on to us the retail traders. A Forex trader trades the Forex market made by his broker. And is this why the bids and offers on multiple Forex trading platforms are always a little different, at the same time?"

Commission free Forex trading vs commissions
Commission free; Won't you be paying a spread that will likely average 2 or 3 pips which means $20 or $30 dollars in hidden commissions.
Isn't a Commission broker that charges a commission $2 - $5 dollars a trade, a better way. The brokers that charge commissions typically have the smallest spreads (.5 - 1 pip for the Euro/US during heavy trading hours).
When someone realizes how much they are paying for commission free trading, they then should realize how cheap real commissions really are. Aren't they better off paying commissions or am I missing something?
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