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<p id="isPasted">The forex market is designed this way to give traders a chance to win and lose. The key to winning in Forex trading is to learn how to outsmart the market makers. The market makers need to make a profit, and they do this by quoting two prices. The first price, which is a slightly higher price, is called the bid, and the second price, which is slightly lower, is called the ask. When you enter a trade, you are technically buying at the ask and selling at the bid. For example, when you place a buy order, the forex …</p>
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<p id="isPasted">Yeah they usually do not make much money. The profits from that alone won’t even pay salaries I believe.</p><p>The real money comes by having all commissions waived as market maker privileges. That way you can do all sorts of ultra competitive hft/mft stuff without caring about fees. You get an edge.</p><p>I could be wrong too. XTX makes huge volumes of Fx markets. Even a couple bps of the volume they do daily would be huge.</p>
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