How do FOREX platform providers make money?
Question by : How do FOREX platform providers make money?
I’ve actually researched this before but that was like 2 years ago and I can’t remember. Nor, do i have the energy to sift through hoards of google rankings to find what i need.
If you could just explain the different types of systems for charging forex traders and the idea of the ‘spread’. Thank you very much.
Best answer:
Answer by AroundTheWorld
The spread is the area they make money, Its small but there is many transactions therefore large revenue.
http://www.easy-forex.com/gtw/197187.aspx
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Many forex brokers make their money my simply betting against your trade. They know that statistically about 95% of their customers will lose, and these are the customers they make their money from.