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What Is Spread in Forex Trading?
Spread is the difference between the Bid price and the Ask price of a currency pair.
Simple Example
EUR/USD:
Bid: 1.1050
Ask: 1.1052
Spread: 0.0002 = 2 pips
When you open a trade, the spread is one of the main trading costs you pay to the broker.
Easy Way...
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