admin on October 16th, 2010
Many beginning currency traders ask what Forex spread is. Despite the common unfamiliarity of this term to the laymen, it’s a rather simple concept. Nevertheless it’s also very important in Forex trading as the profits and losses depend on the spreads of the currency pairs. Definition. Forex spread is a difference between the price you can buy a currency pair from the market (Ask) and the price you can sell a currency pair to the market (Bid). [...]
admin on August 10th, 2008
With the interest in online forex brokers skyrocketing in recent years and the subsequent proliferation of forex-related websites, one would think that all of the best online brokers would have been given abundant reviews, featured and linked to by dozens and dozens of websites, all for the best interest of the forex trader. However, this statement doesn’t exactly hold true.
admin on August 8th, 2008
If you’ve been browsing the Web in search for the online forex broker that “feels right” and seems to best suite your needs, you may have read or heard several times a phrase that sounds tremendously attractive to the newbie forex trader:
“We charge no commissions on our trades: we are compensated through the difference between the the buy and sell price.”
But what does this all mean? Will your profit margins be higher? Unfortunately, this is not necessarily the case.
