What is meant by spread?

[Luke Hansen]

Various factors are vigorously considered like selecting trading platform. Spread is one of them. Spread is the difference between the bids and ask price of a currency pair. For any trader it is important to keep the transaction costs as lower as possible. And lower spread can significantly impact the transaction cost of a trader. So the lower the spread; the better it is for any retail trader.

 

[forexfactory]

You are right about spreads. Unfortunately, some traders do not know this fact. Once they see that a broker promises regulation, they jump in and get hit with high spreads. currency pair spread is one of the important things to watch out for when choosing a Forex Broker.

 

[Halt]

Spread is basically a difference between the purchase and selling price of an asset. You always need to take the size of spread into account, especially if you like scalping.

 

[Electric Rainbow]

Spread is simply the point difference between the price at which you can sell currency (Bid), and the price at which you can buy currency (Ask).

 

[sofar]

Forex Spread is an important aspect of Forex trading as it can affect how much you make on each trade. If the spread is too high, your profit will be slashed even when the trade it is in your favor.

 

[hollyM]

Spread is one of the key ideas on forex, it's spread that shows you the price difference between buying and selling some specific asset. For traders, the higher the spread is, the higher the liquidity of a particular asset is.

 

[Electric Rainbow]

Spread is the difference between the current bid and ask price of a financial instrument. Most of the brokers out there make their money from the spread.

 

[Christof]

For some trading strategies such as scalping the size of the spread is extremely important. As a rule, spread expansion occurs when the volatility of the market is high and liquidity is small.

 

[AnnaFx]

Spread, the difference price between ask and bid. The lower the spread, it is better to trade. Hehe.

 

[Frigo]

Spread is the difference between the ask and bid price. It is usually the initial loss which a trader have to cover up along with the extra profit. It is also referred as a commission taken by the broker so it varies broker to broker. Am I right folks?