People In Iran Rush To Buy Cheaper Dollars To Make A Quick Buck
Look for brokers that offer low spreads. Forex brokers don't charge traditional commissions or fees. Instead, they make money off the spread, which is the difference between how much a currency can be sold for and bought for. - The higher the spread is, the more money you pay to the broker. For example, a broker that will buy a U.S. dollar for 0.8 euros but sells a U.S. dollar for 0.95 euros has a spread of 0.15 euros.
