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Thread: Forex.com

  1. #1
    Join Date
    Apr 2006
    Posts
    23

    Default Forex.com

    I am looking into opening up a demo account with them, and possibly trading with them in the future. Just like the other places out there, the demo is free. As I was looking through their site I came upon the fees section, and this is what is said:

    "Fees

    FOREX.com charges NO trading commissions* or fees, regardless of account balance or trading activity. "

    You see the asterix, I had to look that up too and this is what is said:

    "* FOREX.com is compensated for its services through the bid/ask spread."

    What is the bid/ask spread?

  2. #2
    Join Date
    Apr 2006
    Posts
    21
    I wasn't sure myself, but in the glossary that is posted here it says:

    "Spread: The difference between the bid and offer (ask) prices of a currency; used to measure market liquidity. Narrower spreads usually signify high liquidity."

    I guess that is a number that would vary.

  3. #3
    Join Date
    Apr 2006
    Posts
    23
    Thanks pippin, I get it now I was just having a brain freeze I think.

  4. #4
    Join Date
    Apr 2006
    Posts
    22
    Is it pretty coomon practice to not charge commisions, and just the bid/ask spread?

  5. #5
    Join Date
    Apr 2006
    Posts
    21
    I think it is, a lot of the brokers I have looked at don't charge a commision. That's not to say that all do, but I have noticed quite a few that do.

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