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How does a Forex Broker work? A Forex Broker is an intermediary between a client (trader) and the interbank market for currencies (Wikipedia). In addition, the broker can lend capital to the trader so that he can trade with leverage. The broker’s income is generated by the spread and the cost of financing the leveraged positions.
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While most forex brokers offer several basic account types, Alpari provides its clients a choice of five in order to suit the needs of traders of all levels of experience and preferences. Alpari`s clients may choose between fixed and variable spreads, instant and market execution, commission-free and commission involving accounts, two basic ...
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GCM Forex’s Commission and Spreads. Since GCM Forex is an ECN broker, they don’t charge a fee or a commission for that matter. Traders pay a slightly wider spread per trade instead. However, a list of spreads payable is not provided though they try to assure clients that they will benefit from the best spreads in the industry. Customer Support
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