Definition
The difference between the ask (buy) price and the bid (sell) price; the main cost of entering a trade.
Example
With a bid of 1.0850 and an ask of 1.0852, the spread is 2 pips.
Related terms
Forex glossary
The difference between the ask (buy) price and the bid (sell) price; the main cost of entering a trade.
With a bid of 1.0850 and an ask of 1.0852, the spread is 2 pips.