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The cost of doing business in the Forex market Just as you have costs in any other business, you have costs as a Forex trader. Your costs as a trader are the losing trades you have, the commissions and spreads you pay, computer and other office equipment, etc. No matter how hard you try to avoid losing trades, A Forex Brokerage counter-parties his client’s transactions from the trading platform to which the Forex Broker keeps the client’s trades In-House: B-Model). Business Model: • Spread: Difference between ask and bid price, Calculated in Pip’s. Customer Buys currency USD/GBP with a difference in spread of 1.8 Pip’s, A trading business plan, just like a normal business plan, is a document that details everything that you need to know in order to run your trading business. It includes your goals and objectives, how you intend to make money, what your edge is, what you will trade and why, and how you will grow your trading business.
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