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How does forex trading broker profit?

Updated: 9/23/2023
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Wiki User

10y ago

Best Answer

It depends which type of broker you are talking about.

Some will profit by trading against you since over 90% of people fail,

some profit on the spread and some have a commission for each trade.

To better understand the types of broker you can search for the following:

Market makers / Bucket Shops

STP / Straight Through Processing

ECN / Electronic Communication Network

You can understand the hierarchy better using the related link I have added.

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10y ago
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