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Saturday, January 30, 2010

Currency Trading Broker Fees at Forex part 2

A forex trading broker is exactly that, a broker between the buyer and seller of a particular currency. The broker will have access to state of the art hardware and software that will allow them to place a trade faster than you or I, but they will obviously be charging a fee for their services.




You may find certain similarities between the currency trading markets and the stock markets, but those similarities stop quickly, especially considering there are no broker fees in forex trading, only a fee that is called the spread and is built into every currency transaction by the broker.

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