What is Commission in Forex Trading ? 2020 ( Commission Vs Free Commission Account )

When you buy or sell currencies in the forex market you do that through a broker.

00:00 - Introduction
00:28 - What is Commission in Forex?
01:19 - What is No Commission Account?
01:52 - How Brokers charge commissions?
04:02 - Commission Account or No Commission Account

This broker provides you with different services and even allows to trade from anywhere you want just from your smartphone.

Well, when they provide you with such great services, it is obvious they will need money to keep their business running?

Because in the end it os business, not a charity.

So, the broker charges you with a transaction fee whenever you open a trade.

So, the more you trade the more money your forex broker makes.

When you first step your foot in forex trading, while finding reliable and regulated brokers to open an account.

You must have seen a lot of brokers claiming to give you zero commission accounts.

You must have wondered how and why will a broker not charge any commission from you?

It may have made you think that the broker is not regulated and is going to scam you.

hahaha, well, they are not going to scam you.

forex commission calculator

Regulated brokers do provide a zero commission account, but there is a catch.

There are different ways by which brokers charge commissions.

spread vs commission forex

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#commissionforex #forextrading #forex #forexprofit #forexmarket #tradingmarket #tradingstrategy
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[TradersMonopoly]

If you have any questions about his topics then let me know below.

[vipulgupta]

I came here after 10 months, very helpful video, answered a lot of my queries. Thankyou Man👍🏻

[honestguide]

very well explained brother. Thank you

[BiananceRoyalq]

helpful video thanks brother keep up the good work

[ariefmdnor]

What means by Commission: 3 unit of the base currency per lot/side?
Can you show me example?
Thanks

[akshayraj]

Gaining a a smal scalping profit of 1.5pip intraday, could be profit after minusing all commision and charges (brokerage)....

[moeezkhalid]

Does commission based on leverage(lone) taken from broker ??

[prosenjitkumargoshwami]

My friend asking 20% commission for a profit withdrawal. I am new I just wanna know do I need to pay first that commission to withdraw money ? please help

[shahmahdi]

If a account with Commission, which i trade like eurusd buy or sell, i open the trade and close with profit the trade was running about 1 day. Will there any Commission applied to that trade?
Simply i am asking that after how many hours or mins or time the Commission applied

[shansalim]

Thanks for the video. I am having a robot which closes the gold forex trade on a daily basis. I saw FP market broker provide 2 types of accounts. Standard account with 1 pips spread and Raw account with 0.0 pips spread with 6% commission per lot.
So which I can choose??
Just ur advice.

[shivaalemagar]

Loved your video. my request for you, I would be thankful to you if you could please provide list of trusted brokers.

[ravibeniwal]

Sir what is the meaning of round in commission for ex. 3$/round lot commission ? Is it fix to 3$ or can be more than this if yes then how it's calculates ?

[kunaltex]

Pls name some brokers who charges comission and no spread...

[kristineavanzado]

Hi..im from philippines.. I also asking the company that was invested to pay 20% commission of my profit made for before my withdraw can be processed from company. I am fresher on this trading regulation I also wanna know Do i need to pay first that commission to withdraw money? Please help me sir. Have a nice day & Godbless🙏

[adityabhangdia]

hi bro i just like your videos and they are really great for me i am also and indian and stay in india i just want to know where are you from
please reply 🥰

[zanokuhleluvo]

Sir . I have a concern here.
I trade on PROACTIVE FX TRADE. so whenever I want to make a withdrawal. They will ask for Commission Pin of 20%. So I don't even know that 20% would be how much if I withdraw 100 000