Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Forex Spread What is it Let's find out more
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="marym, post: 308889, member: 97350"] Forex spread is the difference between the bid price and ask price of a currency pair. The bid price is the price at which a trader can sell a currency pair, while the ask price is the price at which a trader can buy a currency pair. The spread is essentially the transaction cost of trading a currency pair and is usually expressed in pips. For example, if the bid price for a currency pair is 1.2000, and the ask price is 1.2005, the spread is 5 pips. The spread can vary depending on market conditions, trading volume, and the broker you're trading with. Forex spread is an important consideration for traders because it directly affects their profitability. A narrower spread means that a trader can buy or sell a currency pair at a lower cost, which increases their potential profits. Conversely, a wider spread means that a trader will pay more to buy or sell a currency pair, reducing their potential profits. Forex brokers make money from the spread, as they typically add a markup to the bid-ask spread when executing trades on behalf of their clients. Some brokers offer fixed spreads, while others offer variable spreads that can fluctuate depending on market conditions. When choosing a forex broker, it's essential to consider the spread and compare it with other brokers to ensure that you're getting a competitive rate. However, it's important to note that a lower spread doesn't necessarily guarantee a better trading experience or higher profits, as other factors such as trading platform, execution speed, and customer service can also affect your overall trading performance. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Forex Spread What is it Let's find out more
Top