forex trading plan example
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Commissions for trading Forex?
OK, so everyone says that its all about the "spread" and that most sites currency not charge a commission. I understand that this little connection. Please can someone give me a real life example of what the total charge of the commission would be for a hypothetical investment? My plan is to invest hundreds of dollars at a time and the site I'm using has a 3 pip spread believe (forex.com). So what does all this translate in terms of commissions? Give me some solid numbers pleeeease!
1 = 1 point or 10 points to pip in a mini account. Is probably $ 10 per point, so that a 3 pip spread between supply and demand would be $ 30 the commission.
Forex trading plan
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