{"id":239,"date":"2021-01-17T22:39:01","date_gmt":"2021-01-17T19:39:01","guid":{"rendered":"http:\/\/localhost\/nyxbroker.com?page_id=239"},"modified":"2024-10-11T18:37:26","modified_gmt":"2024-10-11T15:37:26","slug":"how-does-nyx-make-money","status":"publish","type":"page","link":"https:\/\/nyxbroker.com\/en\/how-does-nyx-make-money\/","title":{"rendered":"How does NYX make money?"},"content":{"rendered":"

How Does NYX Boker Make Money?<\/h2><\/div>
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The main way we earn money is through the spreads that we wrap around the market price. The costs of any given trade are factored into these two prices (known as the ask and the bid), so you will always buy slightly higher than the market price, and sell slightly below it.<\/p>\n

If the Gold is trading at 1952.50 and has 40 pips spread, for example, it might have an ask price of 1952.70 and a bid price of 1952.30.<\/p>\n<\/div>

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At times, you may also be required to pay additional fees when trading with NYXBROKER.<\/p>\n<\/div>