What is Spread in forex trading?
The difference between the bid and ask price. This is the primary cost of trading for many traders. Tighter spreads generally mean lower trading costs.
What this looks like across the brokers we track
Across the 42 brokers BrokerAnalysis tracks, the median EUR/USD spread is 0.5 pips, ranging from 0.0 to 1.5 pips, with 36 figures taken from the broker's own published specification.
Measured across 42 entities in the BrokerAnalysis dataset. See the full broker comparison
Detailed Explanation
This is the primary cost of trading for many traders. Tighter spreads generally mean lower trading costs.
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