If a Forex trader executes a forex deal that a broker or market maker has quoted on, it usually means that a few pips will be paid away by the trader to be able to take on or close the forex position they want is called the spread.

In quotations made by forex market makers, the trading spread observed is simply defined as the difference between the bid and ask price of a currency pair. The bid price is the exchange rate at which the currency pair will be purchased by the market maker, while the ask price is the exchange rate at which the currency pair will be selling.

Let suppose the EUR / USD currency pair as an example. You can remember that the bid exchange rate that the trader will sell is 1.05716, while the exchange rate of the purchase is 1.05733 for the offer or order. The trade spread is the difference between the bid or asking price. That would be either 0.00017 or 1.7 pips in this case.

Which Brokers Offer the Best Forex Spreads?

ICMARKET which is regulated and the most trusted broker. They provide very tight raw fix spread accounts on almost every pair with fast execution.
https://www.icmarkets.com/?camp=9803

Do you want to become Success Supply and Demand Trader?

If you are a beginner trader and to become a good professional forex trader. The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which is already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

Please follow and like us:
close

Enjoy this blog? Please spread the word :)

error: Content is protected !!