Spread is the only source of earning for a broker
Spread is the only source of earning for a broker. The difference between ASK and BID is called spread. It represents brokerage service costs and replaces transactions fees. Spread is traditionally denoted in pips - a percentage in point, meaning fourth decimal place in currency quotation. Following types of spreads are used in Forex Trading. As a narrow spread, I am offering AAFX brokers who offer more than 60 pairs to trade with. Most of the pairs convey narrow floating trading with flexible margin level.