Forex Commission

A Forex commission is a fee charged by a broker or trading platform for facilitating currency trades in the foreign exchange market. When you buy or sell currencies, the broker may charge a small fee or a spread— the difference between the buy and sell price— which covers their services. Unlike stock trading, some Forex brokers operate on a commission-based model, directly charging a fee per trade. This fee compensates the broker for executing your orders and providing access to global currency markets, ensuring smooth and efficient transactions.