Spot foreign exchange (exchanges of foreign currencies) brokers They do not charge any commissions because they make profits from the bid/ask spread quotes. On July 10, 2006, the exchange rate between Euro and United States dollar is 1.2733 at 15:45.
Spot foreign exchange (FX) brokers make money by charging a difference between their buying and selling prices, rather than taking commissions. On July 10, 2006, the Euro to US dollar exchange rate was 1.2733 at 15:45.