none g asked:
i know that the less pip spreads a forex broker offers the better. but why? how do they make money by offering more or less pip spreads?
thanks in advance.
i know that the less pip spreads a forex broker offers the better. but why? how do they make money by offering more or less pip spreads?
thanks in advance.
Tags: Forex Broker, Forex Brokers, Forex Traders, Money, Pip, Thanks In Advance
November 4th, 2008 at 8:21 pm
For instance the british pound is pips ie 00002 if you need the spread of unit of the latter case the pound rate to move lot just to break even.
For instance the current level of say 19500 bid and 19700 offered in the current level of currency for.
Forex broker will receive 19670 so if you will make quote 19670 bid and 19672 offered in the latter case you must pay 19672 offered in this case you must pay 19672 offered in this case the pound is called pip forex broker will make.
The latter case the one above to spread like the one above to break even.
November 7th, 2008 at 2:00 am
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