What is the Spread in Forex trading?
Spread
is the difference between the Ask and the Bid price.
Ask
Price: The rate at which you (trader) buy a currency pair.
Bid
Price: The rate at which you (trader) can sell a currency pair.
A
low or zero spread is better for traders
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
