Sonnet eliminates that
spread by selling currency
to customers at its own buy rate; it then
charges a single flat rate ($ 150 on wires worth more than $ 10,000; $ 75 on smaller transactions).
Compensation: When executing
customers» trades, FXCM can be compensated in several ways, which include, but are not limited
to:
charging fixed lot - based commissions at the open and close of a trade, adding a markup
to the
spreads it receives from its liquidity providers for certain account types, and adding a markup
to rollover, etc..