What do Forex companies benefit from their client

What do Forex companies benefit from their client? What is its source of income in Forex?

This is the title of Lesson 32 in the Forex Education Course. What Forex companies benefit from the services they offer you Forex companies offer you many things

First, communication with the market and the possibility of selling, buying and entering deals

Second leverage is to offer you leverage 1: 100 or 1: 200 or more multiplied by the head of the owner 200 times to win more money

And many other services but what benefits you

Forex companies benefit from a simple selling and buying spread and call Spread Spread

It is mostly a number of fixed points in any open deal whether buying or selling

You get 2 to 10 points depending on the type of currency pair and also account for a mini account type or a regular account or a classic account and jealous

For example, if I went to a money exchange and told him I wanted to change the dollar against the Egyptian pound

Will sell or buy

If you buy from him, the price will be calculated as 18 pounds, for example

If you wanted to sell him a pound and take a dollar, the price would be 17.90

This difference is a gain

This is the case in Forex companies

Every deal you open takes a number of points to be fixed with you whether the deal is selling or buying

You will win the deal or lose

Now go to the next lesson of the Forex Education Course for Beginners on our site