What is broker commission in trading?
The commission isbrokerThe service fee charged for handling trader transactions. These fees depend on the broker, and different brokers charge different fees.
However, many brokers do not charge currency trading commissions, but earn fees based on the price difference you pay each time you trade.
Commission is a part of transaction costs and is therefore highly associated with traders.
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
