There are costs associated with a SELL or BUY transaction on the financial markets. Brokers charge the trader a commission for each transaction. The amount varies from company to company. Commissions in the brokerage market were quite substantial several decades ago. This was due to a low level of technology, as well as high costs incurred by intermediaries who provided access to financial markets.

However, the situation has changed with modern information technology. Brokers are experiencing a significant drop in commissions at the moment. However, the difference in fees can vary greatly depending on the company you choose.

The broker commission varies from one broker to another. This is basically a fee that is charged with transactions carried out through the broker, and nowadays they are not so high, which is one of the advantages of forex trading.