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Okay, suppose we trade GBPUSD with 4 pips spread. Most forex broker's will be able to make $40 spread fee or "commission" for 1 standard lot if trade is complete. Actually, in my opinion is just pretty extra tall. If you are new, this is large problem because we are situated in trial mode and easier to go wrong in trades, until I educated myself and heard that I am the critical equation in their large earning potential. If these forex brokers did not have me, they would be from the business, here we comes to brokerage firm and get our pay back from that spread fee we just paid. 5.5 pips and above is considered good to me and my friends.
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