What is the difference between spread and commission in forex trading?

The spread is built into the buy/sell price of an instrument, while a commission is a separate, itemised fee charged per trade. Some brokers use one model, some combine both.

How do I know if a broker's pricing is really transparent?

Look for published spread ranges, clearly stated commission rates, and disclosed swap fees, ideally verifiable through regulatory documentation rather than marketing pages alone.

Are hidden fees legal for regulated brokers?

Regulated brokers are generally required to disclose all applicable fees. Costs that aren't disclosed upfront but appear later are a signal to review the broker's terms carefully.

Does a lower spread always mean lower overall cost?

Not necessarily. A low spread paired with a high commission or wide swap rates can cost more overall than a slightly wider spread with no additional charges. Total cost matters more than any single figure.

What should a beginner prioritize when comparing broker pricing?

Start with the all-in cost for your typical trade size and holding period, then check that the broker's regulatory status supports its pricing claims.