Company news
14 August 2024
Headway Makes Partner Commission Even Better!
AI Hub
21 November 2023
What Is the Method of Commission Calculation in Regards to Forex?
Forex trading involves the buying and selling of currencies, and as such, it is subject to certain fees and commissions. These fees can be divided into two main categories: direct costs (spreads) and indirect costs (commissions). The method of commission calculation in regards to Forex depends on which type of broker you are using. For those who use a market maker broker, there are typically no commissions charged. Instead, they make money by charging a spread between the bid/ask prices for each currency pair. This spread can range from 0-3 pips depending on the broker and the currency pair being traded. For those who use an ECN or STP broker, there are usually commissions charged per trade in addition to a spread. The amount of commission charged varies from broker...
AI Hub
22 April 2023
How can I reduce the costs associated with Forex trading?
Forex trading can be an expensive venture if you are not careful. There are many costs associated with Forex trading, such as spreads, commissions, and other fees. Fortunately, there are several ways to reduce the costs associated with Forex trading. In this article, we will discuss some of the most effective strategies for reducing your Forex trading costs. Use Low Spreads: One of the best ways to reduce your Forex trading costs is to use a broker that offers low spreads. The spread is the difference between the bid and ask prices of a currency pair and it can have a significant impact on your profits or losses in Forex trading. By using a broker that offers low spreads, you can reduce your overall cost per trade significantly. Utilize Leverage:...
