Spread
Understand currency pairs, spreads, pips, lots and the basic mechanics of trading.
Spread
Spread is the gap between bid and ask. It may widen around news, thin liquidity or session changes. Raw pricing can still involve commissions, swaps and execution costs; a zero quoted spread does not make a trade free.
Example
A one-pip spread on a standard EUR/USD lot is approximately $10 when the quote-to-account rate is one.
All educational content is provided for general information and educational purposes only. It does not constitute investment advice, financial advice or a recommendation to buy or sell any financial instrument. Trading leveraged products involves significant risk and may result in the loss of invested capital.