Register now, make more friends, enjoy more functions, and let you play in the community easily.
You need Sign in Can be downloaded or viewed without an account?Register Now
x
What is a spread? Point difference: The difference in point value between the market buying price and the market selling price, which is the price difference between the buying price and the selling price.
stayforeign exchangeIn the market, foreign exchange spreads are divided into two categories: fixed spreads and floating spreads.
The point value of a fixed spread is fixed and unchanging, and the spread remains the same during light and volatile market conditions, making it more suitable for beginners in the foreign exchange market; The advantage of floating spread is that it is very small when there is no market trend, but the disadvantage is that when the market fluctuates greatly, the spread also instantly expands, making it difficult to grasp. For customers who enjoy speculating on market trends, it will increase transaction costs.
For example, USD and JPY(USDJPY)offer120.00/12 0.10When,120.00To sell in US dollars,120.10To buy in US dollars,120.10-120.00=0.10Called point difference10Points.GBPJPYoffer185.50/185.60When, the point difference is10Points.