Spreads or Commissions, which is better?
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Once you are done with selecting the broker with whom you will start your Forex Trading, the next thing is to decide which type of account you should have
The Forex Brokers offer two types of accounts Spread and Commission account
Here are few things which you should keep in mind while choosing the account type.
Spread account
In this type of account you will not be charged any commission for opening a trade but you pay the spread i.e. the difference between the Bid and Ask price
commiSSion account
In this type of account you pay a certain commission to the broker for the trades you open
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