Is the spread of foreign exchange transactions deducted when closing the position or charged when buying?

At present, the operation mode of foreign exchange platform can be roughly divided into three modes: MM mode, STP mode and ECN mode. MM mode and STP mode only charge interest spread without handling fee, while ECN mode provides naked interest spread plus handling fee. The spread is charged for opening positions and the handling fee is charged for closing positions.

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Summary of foreign exchange policy reform