Brazilian market forces together with governmental oversight determine the spreads and commissions structure in Brazil. When selecting a brokerage, traders usually base their decision on pricing but do not take into account the key elements which impact costs. Local regulations establish the foundation through which brokers establish fees which directly affects both brokerage firms and traders who work with them. The regulatory framework protects financial market participants since it ensures transparency in operations among the institutions. The regulatory measures that promote trading safety increase expenses for companies in the process.…
Read MoreHow Local Regulations Affect Spreads and Commissions for Brazilian Forex Brokers
