Spread

Spread — The difference between bid (sell) and ask (buy) prices — the broker's implicit fee on every trade.

Full Definition

EURUSD might quote 1.0823 / 1.0824 — that 1-pip difference is the spread. On a standard lot, that's $10 cost just to open.

Related Terms

Pip

Test Your Strategy on Real Prop Firm Rules

JPTC's Prop Firm Checker tests your backtest against FTMO, FundedNext, FXIFY, TopStep and Apex rules.

Open Prop Firm Checker →