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Wednesday, 30 November 2011
Free Spread Trading, how could this possible
Today browsed the Internet and found out that some of the brokers are offering no ‘Spread’ or ‘Commissions’ for position closed without profits. This is a good opportunity for traders which have multiple opening in a single day.
Technically speaking, this move will help the traders to cut more losses against the ‘Spread’ or ‘Commissions’. However, re-think back; how would the Forex brokers make money by not charging the clients on all the positions open with them? The answer to this would be probably on volumes, as this will definitely able to attract tones and tones of new customers to open the account with them.
Lets me try out the demo account on these brokers to see the efficiently of their trading platform offered, and feel free to shares your views
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