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Abstract:In forex trading, the spread is the biggest cost of trading. The spread is the difference between the bid and ask price, and the lower the spread the better for the trader.
In forex trading, the spread is the biggest cost of trading. The spread is the difference between the bid and ask price, and the lower the spread the better for the trader.
And different brokers will have different spreads on the same product, especially some unregulated platforms. Here we compare the cryptocurrency spreads between [Etoro] and [ICMarket]
You can see that the spread on the same product at [Etoro] is [10 times] higher than at [ICMarket]!
[10 times]! Buying a single lot of bitcoin at Etoro will result in a direct loss of $50, so be careful!
Broker search: https://www.wikifx.com/en/dealer/9641842942.html?source=emily
Broker search: https://www.wikifx.com/en/dealer/0001283907.html?source=emily
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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