Catkathyy answered Henry's question on 31 Oct 2016, 09:11:22

A market maker Forex broker provides pricing and execution by taking the opposite side of his clients trading orders. A market maker Forex Broker earns from the spread between the bid and offer price. Usually spreads offered by Market Makers are very high and that is why professional traders prefer other types of brokerage, and especially ECN Forex Brokers.

  • 1
  • 1194
Gregory answered Samanthar's question on 27 Oct 2016, 08:47:15

It is very difficult to determine a scam broker until they ran away your money in a so called -legal way.

  • 2
  • 1190
Mymelody answered Joseph's question on 26 Oct 2016, 09:11:36

If your broker is a market maker, you will not be charged any commissions. You will only pay the spread of the currency being traded. If you are using an ECN broker, then you will pay commissions outside of the spread.

  • 1
  • 1187
Mymelody answered Joseph's question on 11 Oct 2016, 09:03:53

It depends on the broker, but generally you can start with as little as 1$.

  • 1
  • 1177
Add your answer to Toby's question on 07 Oct 2016, 06:53:43
  • 0
  • 1157
Add your answer to Mackoy's question on 06 Oct 2016, 08:01:17
  • 0
  • 1181