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What is spread?

What is spread?

Answer:- Sometimes You listen, brokers provide their platform for trading to trader, investor etc. their aim to earn money and have commission .I am saying exactly that one called spread in forex market.

It is mainly the difference between bid price and ask price.

Suppose their current market price is bid $1.1244 and ask $1.1248

Spread is $1.1244-$1.1248=0.0004

Spread=4 pips

 

The mainly the broker’s commission and all buttering are included in spread

Thank you, Read & learn,keep touch with me. B.Sahoo

 

1 Comment

  1. Eulah says:

    This is truly useful, thanks.

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