Spread refers to the charges or trading fees that the broker charges the trader. Will be the difference between the Bid Price and the Ask Price, which we will look at
Spreads of currency pairs in MT4, MT5 and Application trading platforms for both desktop and mobile. Which will immediately show Under the abbreviation before buying
Or if entering a money exchange shop When traveling abroad, EUR / USD will say Exchange 1.1053 as the Bid price.
And refund the value of 1.1051 to the Ask price
Equals that 0.0002 is the spreads itself
This means that you will lose 5 EUR, which is the difference called the spread.
Strike pro fx offers floating storage starting from 0.18 pips.
Bid Price is the selling price that the broker offers. Used when opening a Sell Order
Ask Price is the purchase price that the broker offers. Applies to the opening of a buy order.
Spread Spread is the difference between the bid and ask price.
Spread affects profit and loss directly on orders from the first time. Because when you place orders or trade Your order will go negative immediately from the spread.
Forex spreads that each currency pair is different due to the fluctuation of that currency. And each broker has different spreads.