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Trading Commodities, Commodity Options and Currencies (Collection)
book

Trading Commodities, Commodity Options and Currencies (Collection)

by Paul Brittain Carley Garner
May 2012
Beginner
793 pages
20h 29m
English
Pearson
Content preview from Trading Commodities, Commodity Options and Currencies (Collection)

3. FX Brokers and the Reality of Transaction Costs

Your trading experience will be directly tied to the type of brokerage firm you use. There is much more to making money in FOREX than being able to forecast price changes, although that is a great start. Choosing the type of FX brokerage, and the particular shop itself, could be the difference between a happy conclusion to your trading journey and the opposite scenario. Not only are there various arrangements for counterparty execution, but there are alternative methods of charging and collecting transaction costs.

Two types of retail FX brokers offer speculative currency trading to investors: traditional brokers that provide clients access to an ECN and brokers that operate as dealing desks. ...

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Publisher Resources

ISBN: 9780133091335