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Where does the profit of the foreign exchange platform come from?
Hello, foreign exchange companies, that is, foreign exchange platforms, are divided into two types, one is a trader-free platform, and the other is a market maker platform, which is what we often call a gambling platform. These two different foreign exchange platforms make money in different ways.

The money earned by a foreign exchange platform without trading mode is a spread, and there is only one spread. Gambling mode of foreign exchange platform, not only make spreads, but also make customers lose money. The reason why these two foreign exchange platforms have different ways to make money is because there is no trading platform to directly hedge the customer's list in the market, while the gambling platform directly digests the customer's list internally, so the money lost by the customer is profit. Obviously, the interests of gambling platforms are in conflict with those of traders, so traders are not advised to open accounts on foreign exchange platforms in gambling mode.