The Hidden Costs of Forex Trading

[kreslik.news]

Everyone knows that the costs of forex trading have a dramatic impact on profitability and are one of the main factors when choosing a broker to trade with. However, when comparing offers from several brokerages, it is common to consider trading commissions, spreads, account maintenance and deposit/withdrawal fees. All this information is usually publicly available. In this article I will discuss the less transparent costs directly related to trading which should also be considered.

Top-of-the-book spreads

Broker comparison websites are often the first step for retail clients looking for a broker. Most of these website offer real-time spread comparison including/excluding the ... (read more)