What is this commission? - Help please

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Hi,

Why commission is deducted from my trades? 

 
prakashbk:

Hi,

Why commission is deducted from my trades? 

There are 2 basic types of accounts, spread based and commission based.

Spread based accounts don't charge a commission but they offer a much larger spread, which is against you in every trade.

Commission based (usually ECN or Raw Spread) accounts, charge a fixed commission on every trade, so you don't have to gain some extra points in order to break even in every trade.

Spread is present in commission based account too, but in much smaller quantities.

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