Tip of the Day
Forex brokers, unlike traditional equities brokers, generally do not charge forex traders for each currency trade. Rather, forex brokers make their money off of the bid/ask spread. Therefore, before selecting a forex broker, read the fine print and make sure you understand how the forex broker is profiting off of your trades and avoid brokers that charge you per trade or encourage you to day-trade currencies because they tend to not have your best interest in mind.
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