How do Forex brokers make money?

[Lyrrex]

Online Forex trading is been abducted by a lot of individuals and financial institutions.


I'm a bit skeptical about depositing and leaving my fund in a forex platform, because I feel the broker make their money off loses of the user. I stand to be correct end!

 

[Blue house]

Some Forex brokers will charge a commission for every exchange, while others will charge the spread between the offer/ask costs. The principle way that Forex intermediaries bring in cash is by keeping the spread or charging a set expense for every round turn. A few intermediaries even charge both, yet that is turning out to be more uncommon these days as the commoditization of the business requests lower valuing. Shockingly, some not exactly circumspect Forex merchants have recently referenced that they have commission free exchanges, however what they regularly do is charge more in the spread to compensate for any shortfall.

 

[Ralphjoe]

I think most forex brokers make money when someone loses their trade and so they will be quite sad if people keep on winning without losing. I also think that they get their money also through commission that they get from your trades.