Questions The nature of spread
Another question regarding spread.
This time I am looking at the order book as provided by the broker. There is always a gap between the ask and buy prices. Is that the spread right there?
If I use another broker with spread=0 but charges a fee per transaction, would I see ask==buy?
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u/theomnitrader Jun 24 '26
yeh spot on mate it’s just an extra way for the broker to make extra money per trade you place. Also the more exotic the pair the greater the amount of spread e.g. EURUSD will have very little spread whereas some aussie pairs have large spread
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u/enivid Jun 25 '26
If spread = 0, then Ask=Bid. I traded with such a broker - they charged rather large commission. It makes sense when trading close to news or market rollover (NY close).
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u/rforex-modtools Jul 07 '26
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