The costs of trading depend on several factors, including the instrument and market you are trading. Most of the costs you pay are to your brokerage firm. They need to make a living in exchange for the services they provide.
- Commissions
- Slippage
- Spread
- Platform Fees
- Expenses
However, if you want to look at trading as a business, you may have to minimize them and make sure you are getting the most for every dollar you spend to ensure your long-term survival.
Happy Forex Trading!
No comments:
Post a Comment