What Does Commission Free Forex Trading Really Mean?

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asked Oct 11, 2022 in H&E by webdesignplus69 (18,800 points)

One way to minimize the transaction costs in the forex market is to focus your trading in the most liquid pairs. These pairs include the EUR/USD, GBP/USD, USD/JPY, EUR/GBP, EUR/CHF, USD/CAD, and EUR/JPY.

Another way to minimize transaction costs in the forex market is to reduce your trading frequency, or the number of trades you place. A hyper-active day 期貨期權 trading strategy, for example, is an extremely expensive way to try to make money in the forex market. The mountain of transaction costs that you accumulate through day trading often renders the strategy entirely useless.

You might instead focus on a swing trading approach, one with which you might take a few signals per week and hold on to positions for days or weeks at a time. An even more hands-off, and cheaper, way to trade the forex market is through a trend following approach. This type of system might generate signals infrequently, but you give yourself the opportunity to ride huge trends that can produce big profits.

 

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