For a forex trader, the only other possible cost is what is referred to as ‘slippage'. ‘Slippage'
occurs when the trading platform you are trading on delays your request to buy or sell a
currency pair in order to gain from the delay.
On Pip Trader, there is never any slippage. The price you see is the price you pay. It’s as
simple and transparent as that
Almost free to trade the Pip
Most of the time, currency trading is free from commission charges and fees. Always make
sure that your broker doesn’t charge you anything to trade, apart from the overnight fees
which everyone in the market pays.
The overnight fees are the fees you will pay whenever you keep a position overnight. That
means that if you buy EUR/USD today and you don’t sell it until tomorrow, you will be charged
a small fee to keep the trade open overnight. With Pip Forex, that fee is equivalent to the price
you set for you pips.