Broker's fees

Beginner Questions
1

Hello everyone,

I’m new to this forex trading, so I dont know much about it. First off, I’ll start off with a newbie question, regarding broker’s fees.

Since there isnt any middle man or commision fees, what kind of fees do brokers charge you or to expect? Do they charge you a percentage when you widthdraw money or it depends on how many pips you did?

Please educate me on this, I need to know before I start a real account.

Thanks in advance.

Silva27

2

the fee is in the spread, if you look at the buy price and sell price there is a difference depending on the pair you choose to trade, that difference is what the broker takes as a fee.

N

3

hmm…ok, I’ll look into that, thanks.