How do brokers work?

Edited with some more explanation: Broker cost are: buy a license of platform (where they have their clients trade on); price feed; liquidity provider then set up to run those. Their profit come from: Spread: The different between sell and buy price. Example broker will give this quote to you EURUSD 1.6000 – 1.7000 it mean if you sell 1 EUR to them you get 1.6$; but if you buy 1 EUR from broker you need to pay 1.7$ . They connect sellers and buyers and get 0.1$ for each contract like this. Swap: If you hold the trade over […]

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