The difference between bid and ask price, representing a cost on every trade. EUR/USD spread during London session: 0.1-0.5 pips. During Asian session: 1-3 pips. During news: 5-20+ pips. Spreads direc
The difference between bid and ask price, representing a cost on every trade. EUR/USD spread during London session: 0.1-0.5 pips. During Asian session: 1-3 pips. During news: 5-20+ pips. Spreads directly impact profitability — 10 trades with 1 pip spread = 10 pips in costs before any profit or loss.