Hey yall, so I am new to Forex.com as a broker and am trying to find out how I can figure out how much the broker charged me for the trade. I have looked in the reports and the reports are minimal and don’t really tell me anything.
Thoughts?
If you trade Forex then look at the spread. That’s basically the “commission”, the way the broker makes money.
You can easily find out how much your broker charged. You can find the charges from the spreads. Basically spreads are the difference between the ask price and the bid price. From the difference amount you will get the profit and the broker will keep their commission. If you know how much profit you get then you will easily define how much commission your broker is keeping. That’s why trader looks for lowest spread broker to get more profit.
Some broker has hidden fees and that’s why sometimes it’s difficult to ensure how much your broker charged.
@gurotuhon
or you could just got to ACCOUNT HISTORY
right click on the sheet
from the list, select … SWAP and select COMMISSIONS
then you will know what you are charged