Forex Trading broker fees

A forex broker is the middleman in the forex trading business. This currency dealers or Forex brokers get revenues in different ways, which includes proceeds from selling, buying, interest on deposited funds, holding and converting currencies, and rollover fees. Every time you do a trade, the broker gets a profit out of it. Or simply it can be defined like this: The broker buys currency for a wholesale price and he sells it at a retail price. In trading this commission is often known as spread. And this is where the forex broker gets his revenue as commission or fees