What is Spread?
Currencies (forex)The gap between the price you can buy at (ask) and the price you can sell at (bid). It is a cost on every trade.
Think of it like: The money changer's cut.
Real example: Your broker quotes EUR/USD at 1.1248 (bid) and 1.1250 (ask). The 2-pip gap is the spread, paid the moment you open.
Lesson: Bid, ask and spread Practise it now: Follow the Sun Practise it now: Order Up!