The forex market is one of the most liquid markets in the world, with more than 6.5 trillion in daily volume. Investing or trading in forex is preferred by many, but before starting to trade in forex, one needs to have knowledge of various terms relating to it, and one such term is spread.
In forex trading, the spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair. In simple terms, while looking at the price that’s quoted for a currency pair, one will see there is a difference between the buy and sell prices – this is the spread or the bid/ask spread. The spread is calculated using the last large numbers of the buy and sell price, within a price quote.
Anyone can become a forex trader if they acquire the knowledge and skill in this field. To help traders and investors to gain knowledge the BSE Institute Ltd. offers A guide to forex trading course. To know more, visit- https://bsevarsity.com/products/guide-to-forex-trading-online-course?_pos=1&_sid=9a822ea03&_ss=r