In Forex transactions, the cost is not limited to the visible commission. Buying-asking spread, swap and overnight carrying costs directly affect the total result.
Obligation of transparency
Brokerage firms are expected to explain fees and deductions clearly. Ambiguous statements may lead to disputes later.
Practical checklist
- Are all wage items clearly stated in the contract?
- Are the costs on the platform screen compatible with the contract?
Informational Note: This content provides anonymized general information. For informational purposes only; It is not a substitute for personalized legal or financial advice.