what is spread in forex trade ?
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@liam_calgary
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3 weeks ago
Spread is a trading fee which you dont see stated in your trading account statement because the prices of the instruments you trade have been inflated by the broker
G
@godswillfx
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3 weeks ago
spread is simply the difference between the bid (sell) price and the ask (buy) price of a currency pair.
It's basically the broker's main fee, tighter spreads = lower cost for you. Always check it before trading.
D
@dipuo_kefilwe
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1 week ago
Spread is like a gate fee, you must pay it before you enter the market