I see some broker advertise in the banners here that they don't have any spread. 0. Zero!
At first, they'd commissions. So they started to advertise commission free trading. But the broker was paid by the spread. Yeah, it's something emotional. You do not pay anything to the broker, it's only the price at what you trade - a little off the market. Sounds good!
Then everybody gets used to no commission trading. Everybody's used for it, there's no more plogical effect for the marketers to attract new customers. What they do? They begin advertising no spread. But it is going to cost you *only* $0.6 for every $1,000 traded. Wow, no spread and only 6 cents for every K traded? That is sooooo great! I'm sooo dashing up to open an account with them
I'm getting tired of all of this. It is like a bicycle
And I'm not going to insist on the fact that $.6 for every K is not any more, no less than 6 pips. You go trade with 6 pips! Or better yet, send your enemies to do it
Peace!