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Forex spreads

صورة
Forex spreads are the amount of pips between the bid price and the ask price for a trade, it also represent two prices,the two price are the bid price and the ask price, bid price is buying price of currency pair, it also refers to the maximum amount that a foreign exchange trader is willing to pay to buy a certain currency, but the ask price is the selling price of currency pair, it also is the minimum price that the currency dealers is willing to accept for the currency, Forex spreads are the most commonly used terms in Forex, it is very important attribute of Forex market, it represents the value of currency pair to the trader and the broker, Forex spreads are subject to change, spread management strategy should be flexible enough to adjust to market movement. there are many types of Forex spreads which is used in Forex trading, these types of Forex spreads include fixed spreads and variable spreads , fixed spreads are set by dealing companies for automatically traded acco...