Commission
General
Definition
A fixed fee charged per lot traded, separate from the spread. Common on ECN/raw spread accounts.
Example
A $7 round-turn commission means you pay $3.50 to open and $3.50 to close a 1-lot position.
General
A fixed fee charged per lot traded, separate from the spread. Common on ECN/raw spread accounts.
A $7 round-turn commission means you pay $3.50 to open and $3.50 to close a 1-lot position.