It is much more cost-efficient to trade Forex in terms of both commissions and transaction fees. Most Forex Brokers charge no commissions or fees whatsoever, while still offering traders access to all relevant market information and trading tools.
In contrast, commissions for stock trades range from $7.95-$29.95 per trade with online discount brokers up to $100 or more per trade with full service brokers.
Tuesday, January 19, 2010
Lower Transaction Costs
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What specific strategies or methods can forex traders employ to minimize transaction costs, and how do these efforts contribute to improving their overall profitability in the forex market? Visit us Telkom University
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