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To allow the Dealing Desk to more easily calculate the net amount to offset on the market, some forex providers have reduced the spread from 5 pips to 3 pips and introduced a standard transaction fee of $1.25 per lot (of 10,000) traded. This gives the client a net effective spread of 4 1/4 pips. (more…)
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Disclaimer: Forex trading carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with currency Exchange trading.
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