How Forex Broker Make Money. Forex brokers; can't live with them, can live without them. About the spread, there are two kinds of spread, fixed or floating.
Secondly, successful traders make a lot of deals and pay decent spreads and commissions. The way the broker can make money here is by charging Elsa a commission. How does a Forex broker generate income?
Here is the list of the most common ways for the FX broker to earn money: Currency pair spreads.
The first option is what we'll refer to as the "conventional" route.
This much forex trader get in a day. Withdrawing your earnings is also a very important feature of profitable trading. If you decide to trade CFDs, you will have be able to speculate on the movement of an underlying.