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    Thread: What term is there for a difference between Bid and Ask pricing measured in pips?

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      Default What term is there for a difference between Bid and Ask pricing measured in pips?

      What term is there for a difference between Bid and Ask pricing measured in pips?

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      The difference betweeen the bid and ask price is called a spread so for example gbpusd have a spread of 3 pips and eurchf have a spread of 7 pips i think..i hope this solves your question if not feel free to clarify

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      You have opened thread in wrong section. Please ask only forum related questions in support section.

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      That is exactly what we are basicly supposed to understand. Spread is the anwser. That is the brokers commission.

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      Quote Originally Posted by mekadov View Post
      What term is there for a difference between Bid and Ask pricing measured in pips?
      The difference between ask and bid price is called spread and it is the cost of an order placement for a trader. It is very basic concept that need to be clarified and you should go to any learning website or forex glossary to clear your basic concept.

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      I think it is spread in the pair's
      can also be referred to as the selling price and buying price
      and this includes broker commissions are taken in every trade we do

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      its named a spread..... this are what broker get when we close the position if we win and if we lost they will get more then that.......that why i dream to have 1 broker terminal .......

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      It is called the spread, it is the commission that our brokers take from us each time we open any forex trades.
      It varies from 2 pips to 33 pips, depending on the pair that we are opening trades with.

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      yea, it is called spread, and brokers offer spreads vary, but typically range between 2-7 pips, depending on the broker itself, and from the spread, brokerage get profit from the transaction of trader

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      Quote Originally Posted by krimoandkrimz View Post
      The difference betweeen the bid and ask price is called a spread so for example gbpusd have a spread of 3 pips and eurchf have a spread of 7 pips i think..i hope this solves your question if not feel free to clarify
      in my opinion,the bid and ask prices is the bid price is the price after the ask, so for example the price of GBPUSD was 1.5630 now, and after that the price moves to 1.5629, and fell further to 1.5625, then 1.5630 is the ask price and the bid price is 1.5629.

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