Spread
Spread — The difference between bid (sell) and ask (buy) prices — the broker's implicit fee on every trade.
- Quick definition: The difference between bid (sell) and ask (buy) prices — the broker's implicit fee on every trade.
- Category: Forex Basics
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.
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