Fees for Commodities CFD

Beginner Questions
1

I was speaking with Pepperstone about their fees for Commodities.

They said it is a ‘spread’ only product meaning there is no commission. So i asked them how many PIPs they add to it and they said they don’t add any.

I was confused because in forex, no dealing brokers will usually make money by charging a commission or widening the spread (usually by 1 pip).

So i’m trying to workout how Pepperstone make money with commodities (and by extension Crytocurrency, index and currency CFDs).

Does Pepperstone act like a market maker in this situation where they don’t add pips to the spread since its their own spread?

2

Spreads & commissions are same to me; since both are cutting off trader’s profit, so it’s the trading charge!

3

isn’t trading charge same as commission?

I’m looking through the website. Even the PDS. I can’t find anything that would approximate a trading charge? :confused:

4

Yes, it’s same to the traders!