Preferred Forex commission structure???

Discussion in 'Forex Brokers' started by Bregz, Sep 5, 2007.

  1. Bregz


    Hello forex traders,

    Just curious, which commission structure do you prefer?

    1) Commission priced into the spread


    2) Commission charged separetaly from the spread


  2. cstfx


    Number 2, because number one is a dealing desk and you are not trading directly with the market.
  3. Bongo972


    I wasn't aware there was an actual market in FX trading.

    I thought it was essentially the largest banks in the world doing it OTC with no central exchange.
  4. cstfx


  5. Bongo972


    So all FX orders will clear through these guys right?
  6. itrader911

    itrader911 Guest

    thanx for the info
  7. ScapGF


    Is it really helpful or necessary to go around calling people jackasses when they ask a perfectly legit question?

  8. Bongo972


    Sometimes it's hard to let logic get in the way of a good insult.
  9. itrader911

    itrader911 Guest

    I would say a commission(broker fee) that is added into a fixed low spread. I am using MGforex, and that is what they offer. I hope that I was able to help you.

    Happy trading
  10. forex162


    I definitely prefer small commissions on a naked market spread.

    I trade with IB, which offers interbank rates with no markups, then tacks on a highly transparent 0.2 pip commission.

    I like to know exactly what I'm paying the middleman.
    #10     Sep 13, 2007