Quote:
Originally Posted by Wong--
Hi,
So does a broker make more money or the trader does? And what is the job scopy of a broker and a trader? Or should i say what is the differeces.
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Oops, this reply is more than a year late. Anyway, the absolute amount depends on the capital of the trader. Broker makes money via the comms generated from his clients, so if he got very big clients he'll make more. Trader needs quite a bit of capital, but he keeps all his profits....also have to pay for all his losses.