Contract specifications: what surprised you in the fine print?
The symbol specs hold the surprises: swap triple days, minimum stops, margin percentages, trading hours. The traders who read them find things the marketing never mentioned.
Share:
- the broker and the surprise you found
- how it changed your trading
- what you check now before trading a new symbol
The trading costs guide explains the common spec items.
Background: The real cost of a forex trade: spread, commission and swap
Every trade has costs, and they are easy to underestimate. Here is how to add up the spread, commission and overnight swap on a position.
What is a spread in forex?
The difference between the bid (sell) and ask (buy) price. You pay it every time you open a trade, and it widens when the market is less liquid.
Is a raw spread account cheaper?
Not automatically. Add the spread and the round-trip commission together and compare the total with a spread-only account's typical spread on the pairs you trade.
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