Talking for Real??
Don't know how brokers earn profits from SPREADS ??? Extra dollars that you named it, came from SPREADS 0.2-1.5 pips are MONEY for the broker in Forex and same for Dukas in BO when it's introducing it to its earnings formula. As much as the Volume is higher as much as the broker earns more.
For example equating it to Forex, 50 lots per position for 1 pip spreads = $50 in broker's pocket.
Calculate how much that can be when we know most brokers that have variable and fixed spreads starts from 2-5 pips and more. Lot of money
Then how do you think Forex brokers run its business?? especially the ones that have only spreads its fees. Others have commissions or both.
When brokers price for NZDUSD 0.8430 0.8432(lowest can be, many have it 4-5 pips), clients that are buying or selling doesn't matter for the broker, it is earning the 2 pips spreads from both. Briefly, SPREADS along Volume surely are brokers profits.
Brokers that are unregulated go to Scam because they have no enough clients base so no Volume, other than no regulatory body behind to watch, they prefer to go Scam, stealing clients money that is a matter of time, when they'll decide to go offline depends on how much money they have stole from clients or maybe they discovered someone tracking them officially.
Don't know how brokers earn profits from SPREADS ??? Extra dollars that you named it, came from SPREADS 0.2-1.5 pips are MONEY for the broker in Forex and same for Dukas in BO when it's introducing it to its earnings formula. As much as the Volume is higher as much as the broker earns more.
For example equating it to Forex, 50 lots per position for 1 pip spreads = $50 in broker's pocket.
Calculate how much that can be when we know most brokers that have variable and fixed spreads starts from 2-5 pips and more. Lot of money
Then how do you think Forex brokers run its business?? especially the ones that have only spreads its fees. Others have commissions or both.
When brokers price for NZDUSD 0.8430 0.8432(lowest can be, many have it 4-5 pips), clients that are buying or selling doesn't matter for the broker, it is earning the 2 pips spreads from both. Briefly, SPREADS along Volume surely are brokers profits.
Brokers that are unregulated go to Scam because they have no enough clients base so no Volume, other than no regulatory body behind to watch, they prefer to go Scam, stealing clients money that is a matter of time, when they'll decide to go offline depends on how much money they have stole from clients or maybe they discovered someone tracking them officially.