[speedie6]

Thanks for responding. I did look some at the beginners section, didn't seem to find the specific information I was looking for, but, I can try some more.

It so happens, at this moment, I've got a banner ad for Crown Forex saying "no swaps". I know what the spread is, but, I don't know what a "swap" is. What is that? And how does "Crown Forex" for example, not have any?

You used the term "bucketshop", and says it means the broker takes the other side of the trade. I knew it was used as a derrogative term, but, I didn't quite know what it meant. So, does "bucketshop" equate to "has a dealing desk"? Why is it called "bucketshop"? Thanks.