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What Spread Means in Forex Trading?

Forex brokers provide two different prices for each Currency pair: the bid and ask prices: The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can BUY the base currency. The spread is the difference between these two prices, also known as the “bid/ask spread“ and it is how “no commission” brokers make their money in the form of the fee for providing transaction .



This post first appeared on MyFxBots, please read the originial post: here

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What Spread Means in Forex Trading?

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