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You pay no commissions
and no exchange fees.
With T
& K Futures, you pay zero
transaction fees on all forex currency
trades--either online or over the phone.
Like all traded
financial products, forex trading involves a
bid/ask spread, which represents the prices
at which your counterparty is willing to
make a trade. Moreover, as is the standard
practice in over-the-counter currency
trading, dealers do not charge commissions
or transaction fees. Instead, a foreign
exchange dealer builds a desired profit
margin, as well as other factors such as
position risk, into the bid/ask spread it is
willing to offer. For instance, the Euro/US
Dollar pip spread is 3. Within these 3 pips
($30) is where the counterparty involved is
paid. You the investor must overcome the 3
pips in order to have a profitable trade. As
a currency investor it makes sense to look
for the smallest pip spreads and a
reputable, customer oriented counterparty to
do business with. You can count on
T & K Futures to help you with any
questions or concerns and the PFG platform to offer tight bid/ask
spreads off real-time streaming quotes.
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