Zero commission: what “free” really costs
The problem. Many brokers advertise “€0 commission”. Those who pay nothing for it rarely ask how the broker earns money in the meantime.
The reality. Nobody works for free. A broker without commission earns elsewhere, for example on the spread, on financing costs or on additional fees. With CFDs, the broker is also usually your trading counterparty. This can lead to conflicts of interest.
Desk Notes. “Free” is a pricing model, not an absence of costs. Do not compare commission alone, but the total cost of spread, fees and execution. A transparent commission is often easier to understand than a hidden spread.
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