What is the spread?
Support Team
Last Update il y a un mois
Currency pairs are quoted in Bid and Ask prices.
Bids are the price to sell the base currency.
Ask if the price to buy the base currency.
The difference between the BID and the ASK prices is the Spread.
The ASK price is applicable to a BUY order and the BID price is applicable to a SELL. Our system receives the market price and gives it directly to our clients. When you open a Forex trade with a broker, they pass it through to the market for you. In the process of this, they offer you a price that is slightly different than the price they are able to get. This is called collecting the spread. The spread is a commission of sorts that is mostly transparent to trade from the trader's point of view. However, you always have to keep in mind that the beauty of the spread from the broker's point of view is that it's taken from your leveraged trade size not your account balance size.