Tag: Forex Spread

What is a Forex Spread? | Learn Forex in 60 Seconds
Forex, Learn in 60 sec

What is a Forex Spread? | Learn Forex in 60 Seconds

https://www.youtube.com/watch?v=cujrDhqhZBMA spread is the difference between the ask price and the bid price. In other words, it is the cost of trading. For example, if the Euro to US dollar is trading with an ask price of 1.14010 and a bid price of 1.14000, then the spread will be the ask minus the bid price. In this case, 0.0001. The spread of 0.0001 is equal to one pip. Spreads are calculated in the same way for yen-based currencies like USDJPY. If the yen to the US dollar is trading with an ask price of 120.42 and a bid price of 120.40, then the spread will be 0.02 (120.42 – 120.40). This is equal to 2 pips.Start TradingDisclaimer: The content in this video comprises personal opinions and ideas and should not be construed as containing personal and/or other investme...