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Posted

Spread is nothing but the difference between ask and bid price of a currency pair. And one of the most useful cost element for any foreign currency exchange trader. A trader may find it useful to work with a broker that will provide him lower spread and transaction costs. Even for the scalpers, lower spread is one of the prominent factors that can help a trader to achieve a profitable journey.

 

  • 5 months later...
Posted

It’s obvious that spread is very important but it’s not the most important part, so that’s why we need to go for complete broker. I am with a very best in FreshForex. They are amazing with low spreads, high leverages, bonuses and my favourite Stop-Out Insurance feature, it just makes the working so nice and easy by all means.

  • 4 months later...
Posted

Every concept which is related to Forex is important. Selecting a broker is also important and having tight spread is also important. We should keep learning because Forex is all about learning and developing ourself to be good person as a trader.

Posted

Well, these are very much the basic elements for any trader, so it’s something we should know instead of asking. I would suggest sites like BabyPips for learning. I currently trading with FreshForex, and here too they have lovely educational setup that helps. It should also be checked if someone is interested in learning.

  • Upvote 1
  • 7 months later...
Posted

Everyone drew attention to the fact that after opening a deal, it immediately turned out to be in a slight minus. This is not fraud on the part of the broker and not a malfunction of the terminal - the spread of the currency pair is to blame.

  • 2 weeks later...
Posted

Many have already written what a spread is; well, you should not forget that it is better to choose a broker with whom it is quite minimal in this regard, I am completely satisfied with Amarkets.

Posted
On 9/7/2019 at 6:50 PM, Latham Lapard said:

Well, these are very much the basic elements for any trader, so it’s something we should know instead of asking. I would suggest sites like BabyPips for learning. I currently trading with FreshForex, and here too they have lovely educational setup that helps. It should also be checked if someone is interested in learning.

Thanks for these tips, I'm new about this and didn't know where to start

Posted

The spread is the difference between the sell (also called ask) price and the buy (also called bid) price. Two prices are given for acurrency pair. The spread stands for the difference between what your broker is willing to give to buy from you the trader, and what the same broker would charge to sell to a trader.

  • 3 months later...

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