There are generally no trade commissions, or very low ones for large volume trades. There are also no clearing or exchange fees. Most retail brokers earn their revenue through the “spread,” which is the difference between the bid and ask price. Spreads in the forex market also tend to be very tight (more on that below), making forex trading one of the most cost-effective investment tools. Equiti offers no commission forex trading accounts and accounts with spreads as low as 0.4 pips**.