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The trader also decides the level of trading risk, but there are ways to limit losses for those who are more cautious. Don' t trade before you read this.
Forex brokers that use an Electronic Communication Network ECN model provide their customers with a means for obtaining direct access to the Interbank forex market for pricing execution that usually consists of an ECN trading platform. Our self- directed account is for traders who know how to make their own trading decisions and place their own orders.
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Brokers in these scenarios charge a commission based on volume to offset their costs associated with customer service,. Competitive Costs. While Forex is the most liquid of all markets, there are many other factors that can have a direct impact on the liquidity available for trading a particular currency. They do not set their own price rates manage inventories in any way as all the price rates are taken directly from the interbank market.
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