Spread level

Results 1 to 6 of 6

Thread: Spread level

  1. #1
    Senior Member
    Join Date
    Mar 2017
    Posts
    428
    Thanked: 0

    Default Spread level

    Spread level
    Spread is the only of source of earning for a broker. The difference between ASK and BID is called spread. It represents brokerage service costs and replaces transactions fees. Spread is traditionally denoted in pips Ė a percentage in point, meaning fourth decimal place in currency quotation. Following types of spreads are used in Forex Trading. As narrow spread providing broker I am with Trade12 who offers more than 60 pairs to trade with. Most of the pairs convey narrow floating trading spread with flexible margin level.

  2. #2
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,496
    Thanked: 2

    Default

    Forex4you give the chance to earn more money by sharing our trading activities. As I opened their Share4you service system which is very helpful. Now as a successful leading Forex trader I have new way to earn money. By sharing my trade activities I can earn more as a successful leader. I get 10 USD for per lot for my shared trading activities. For the easy understanding process the Share4you service has become the popular service around the world.

  3. #3
    Senior Member
    Join Date
    Dec 2017
    Posts
    665
    Thanked: 0

    Default

    Thanks for a detailed explanation of spread. And yes, spread is an important income component for a forex broker. A forex broker is providing its services in exchange of payment and spread is a form of payment which signifies the deviation in bid price form the ask price of a currency pair. For the non dealing desk brokers: they donít charge any extra commissions and spread is the only source of income for them. But for the dealing desk they charges commissions and transaction fees for their services.

  4. #4
    Senior Member
    Join Date
    Apr 2016
    Posts
    619
    Thanked: 0

    Default

    Spread is simply the point difference between the price at which you can sell currency (Bid), and the price at which you can buy currency (Ask).

  5. #5
    Senior Member
    Join Date
    Dec 2017
    Posts
    879
    Thanked: 0

    Default

    The basic knowledge about spreads is the difference between the bid prices and ask price. Broker make their profit from spreads. Thatís why the broker who provides lowest trading spreads is always good for making profit. TradesFX is giving me 0.9 pips spreads. They keep less commission but provide their trader more profit. Also they have 1: 500 leverage facility with proper risk and money management. Their smart bridge technology is very good for hedging.

  6. #6
    Senior Member
    Join Date
    Apr 2017
    Posts
    982
    Thanked: 1

    Default

    in ro ham eslah kon:
    Brokers act as the medium between traders and forex market. And unquestionably they charge fees; commissions; etc. for their services. Spread is a source of income for a broker where spread is the difference between the bids and ask price of a currency pair. However as forex traders, our concentration is always to keep costs lower as possible. For the trader; the lower the spread the better it is. And fortunately my broker AAFX is providing me lowest zero spread.

Similar Threads

  1. Anchoring level is common
    By William Wesson in forum General Forex Discussion
    Replies: 5
    Last Post: 04-17-2023, 09:04 AM
  2. stops on or behind the key level
    By Ashley Mallett in forum General Forex Discussion
    Replies: 9
    Last Post: 01-26-2023, 05:49 AM
  3. Confidence level can help you
    By William Wesson in forum General Forex Discussion
    Replies: 5
    Last Post: 12-03-2022, 02:03 PM
  4. Forex margin level
    By Dale Steyn in forum General Forex Discussion
    Replies: 3
    Last Post: 11-20-2018, 11:37 AM
  5. Spread level
    By Dale Steyn in forum General Forex Discussion
    Replies: 2
    Last Post: 08-22-2017, 03:03 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us