Tuesday, March 30, 2010

The Costs of Trading
There is no commission when you trade the Forex markets with TradeStation. However,
there are transactional costs incurred each time you make a trade.
You will notice that there are two exchange rates for each currency pair: the Bid, which is
the rate at which you can Sell; and the Ask, which is the rate at which you can Buy. The
difference is known as the spread, and determines the transactional cost of the trade. Each
currency pair has its own fixed Bid-Ask spread.
Forex Symbol
EURUSD
USDJPY
GBPUSD
USDCHF
USDCAD
AUDUSD
EURGBP
EURJPY
EURCHF
GBPJPY
Currency Pairs
Euro / U.S. Dollar
U.S. Dollar / Japanese Yen
British Pound / U.S. Dollar
U.S. Dollar / Swiss Franc
U.S. Dollar / Canadian Dollar
Australian Dollar / U.S. Dollar
Euro / British Pound
Euro / Japanese Yen
Euro / Swiss Franc
British Pound / Japanese Yen
Typical Spread
3 Pips
3 Pips
4 Pips
5 Pips
5 Pips
5 Pips
5 Pips
5 Pips
5 Pips
10 Pips

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