You run into a word. Here it is, no jargon.
Short definitions of the terms you see when you trade.
No account · 8 terms
What’s the spread?
Illustrative example. Each drawer is one letter of the glossary.
Terms
D
L
M
P
S
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CopilotHypothetical prices
What’s the spread?
It’s the gap between an instrument’s buy price (ask) and its sell price (bid). It’s a cost you pay every time you open a trade.
EUR/USD1.08412 / 1.084200.8 pips
Bid / ask. On EUR/USD, 1 pip = 0.0001.