Your Questions About Forex Systems That Work The following Question and Answer is brought to you by our Forex Consultant with interaction from members of the Yahoo Answers community.
FOREX QUESTION, How does the forex cost payment profit system work? If i sign up with a forex company (letâ€™s say, Dukascopy) with $1500, and purchase 1 lot of the eur/usd for $143 or so, does that mean I have to make 143 pips just to cover the cost of the margin, before making any profit?
admin answers: No, dukas have a spread account with mean after 2-4 pips (depending of what they privide ) you will be in the profit.
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Published on Aug 22, 2012