The difference between ASK and BID is called spread. It represents brokerage service costs and replaces transactions fees. Spread is traditionally denoted in pips meaning fourth decimal place in currency quotation. PSSFX broker considers some issues in the case of spread and they are as follows:
-monetary decisions,
-central bank rates,
-geo-political events that leads to volatile market conditions,
-large transaction sizes that may enlarge the spread size.
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Thread: Trading spread
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13-09-2018, 04:35 PM #1
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Trading spread
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13-09-2018, 07:25 PM #2
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From any other trading tools spread is mainly considered as most important tool of Forex. Different brokers provide different amount of spread like- some allow low other may allow high. For a Forex trader lower spread broker is best that’s why Forex4you licensed broker I take, with whom I am getting narrow trading spread from 0 pips, flexible leverage, low margin, low commission, low transaction cost, instant execution and many others like this.
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14-09-2018, 06:02 AM #3
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Spread represents brokerage service costs and replaces transactions fees. Spread is traditionally denoted in pips, meaning fourth decimal place in currency quotation. It is basically the difference of ask and bid price. Trade12 provides spread low as 2 pips on the silver account and also offers fixed spread starting from one pip on platinum account. Due to their lowest trading spread you can carry a good total of trading profit.
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17-09-2018, 01:32 PM #4
I totally agree that trading spreads. And the fact that I really like is that even cryptocurrency trading has a tendency to grow. It's an awesome investment opportunity. That's why I deal with bitcoin trading. And it's pretty profitable.
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07-11-2023, 05:51 AM #5
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Spread refers to the difference between the ask and bid price and it means commission taken by brokers for each trade opened through them. FXOpulence charges comparatively narrow trading spread in most of the trading pairs.
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07-11-2023, 09:22 AM #6
Every broker undoubtedly has different spreads. So, when choosing a broker, it's important to pay close attention to this. This is done to ensure that you can conduct forex trading optimally and profitably with Tickmill as your broker.
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