What is a spread and how does it affect my trade?

The spread is the difference between the Buy (Ask) price and the Sell (Bid) price of an instrument.

Example:

• EUR/USD Bid: 1.08500
• EUR/USD Ask: 1.08510
• Spread: 1.0 pip

How it affects your trade:

• When you open a buy order, you pay the Ask price. When you close it, you receive the Bid price.
• The spread is an implicit cost on every trade. Your trade starts at a small loss equal to the spread.
• Tighter spreads = lower trading cost.

Types at Zuperior:

• Standard Account: Fixed spreads starting from 1.0 pip.
• Raw Spread Account: Variable spreads from 0.0 pips + per-lot commission.