The Forex broker always earns whenever you trade.
If he takes no commission, then it’s the bid-ask-spread of every trade you take he makes money on.
When setting profit targets, you should regard the spread as cost of trading, which is reducing your profit potential.
Another cost factor is the swap you might have to pay, if you [...]

What makes a good Forex Broker?
Here are 4 things to look for in a Forex Broker:
1. Tight spreads
The pip spreads  should be as low as possible. Why pay more when you don’t need to? Pay too much and that is subtracted from your profit and added to your loss hurting your bottom line profits.
2. Security
There [...]

Like with modern urban legends, when it comes to Forex Brokers, a lot of people – even a lot of retail traders – believe in quite some Forex Broker myths.

Time for a little demystification of 3 “popular” Forex Broker Myths

1. Forex Brokers Hunt Stops
Absolutely not.  They just don’t need to.
Most forex brokers are market makers [...]

A common question asked by retail currency traders who are new to the forex trading business is that of the commission charged for trading. Whilst there are some Forex brokers that to charge a small commission on the trade, a common practice amongst the forex brokers is to charge what is known as the spread, [...]

How to choose a good quality forex brokerAfter you are confident in the way you will go about trading the forex market, along with the money management rules you will implement, it might be time to find a good forex broker.There are many brokers out there to choose from so, it is worth while doing [...]

What is a Forex broker and what do they do?
Forex brokers are individuals or companies that assist individual traders and companies when they are trading in the Forex market. These individuals can really give you that extra edge you need in order to be successful in the Forex market. Although they will be trading your [...]

At the best of times Forex currency trading can be a risky business with a huge potential for profit or loss. As a fulltime trader i have seen the best and the worst that the forex market has to offer, the dizzying highs of large wins, and the gut wrenching lows of people going bust.You [...]