Forex Spread (点差) - The Hidden Trading Cost

Spread = Ask Price - Bid Price

Example EUR/USD:
Bid 1.0850 | Ask 1.0853
Spread = 0.0003 = 3 Pips

This 3-pip spread is your trading cost.
You are immediately down 3 pips when opening a position.

Why spread matters:
- ECN accounts: 0.1-1 pip spread
- Standard accounts: 5-10 pips spread
- Difference of 2 pips x 1 lot/day = $600/year extra cost

Choose low-spread accounts for long-term profitability.

Market has risks. Trade carefully.