Spreads are the difference between the selling price (bid) and the buy value (ask) or sell quotes and buy quotes. This spread is the income earned by the broker where when we sell, the spread will be charged between 2 points to tens of points depending on the pair used.
The amount of spread varies in each pair. For the same pair the spread given can vary from one forex broker to another broker. There are forex brokers who use fixed spreads, which are spreads that do not change in any market conditions. But there are also those who use the floating spread system, where the spread changes depending on market conditions.
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