Forex spread explained
- Forex spread is the difference between the sell price and buy price of any currency pair. For example, the euro (EUR)/US dollar (USD) exchange rate is 1.19002.
- To enter a buy (long) position in EUR/USD, you would pay more 1.90004.
- To enter a sell (short) position in EUR/USD, you would pay less 1.90000.
Note: The spread fluctuates every second, and it can be wide or narrow depending on liquidity, news and other market conditions.