Differences between SPOT FOREX and Commission FOREX? | Forex Factory

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Differences between SPOT FOREX and Commission FOREX?

  • #1
  • First Post: Feb 27, 2012 6:17am Feb 27, 2012 6:17am
I use ThinkorSwim (TOS) and I just started trading FOREX after spending most of my time trading futures for currencies.

I noticed that TOS has both SPOT and COMMISSIONed FOREX. What is the difference? I see a spread on both. Anyone trade both and could explain?

Bill
  • #2
  • Feb 27, 2012 2:15pm Feb 27, 2012 2:15pm
Quoting BillSuits

I noticed that TOS has both SPOT and COMMISSIONed FOREX. What is the difference? I see a spread on both. Anyone trade both and could explain?

Bill
Do you mean commission and non-commission? I would think they're both spot but one seems to trade in 1k increments and the other 10k increments. I can only guess at why one is commission and the other is commission-free, maybe it's something to do with majors perhaps? Have you tried asking a CS rep, I'd be interested to know the reason if you find out!
  • #3
  • Last Post: Feb 29, 2012 3:02am Feb 29, 2012 3:02am
There is another thread titled "commission vs. non-commission broker". It might be helpful for you. http://www.forexfactory.com/showthread.php?t=5029
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