The difference between the bid (sale price) and the inquiry (bid price) is called the price.
For example, at 1.34550, the ask and bid prices may show 1.34560(ask price) and 1.34540(bid price) with a point spread of 2.0, which means the ask price is 1.0 point below the current market rate.
If you want to make a profit, the price needs to move more than 2 percentage points.
Many brokers say offering low spreads means they are often buying close to market rates.
Since the point spread is the broker’s profit point, the low point spread means that you can charge a commission fee based on your trading volume.
Investors can choose based on their trading volume.
If volume is heavy, they can choose a fixed fee. If volume is light, they can choose a point spread. The strong dollar continues, U.S. oil has plunged nearly 8 percent, and the energy crisis could drag the euro below parity.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
