SPREAD AND COMMISSION
BID / ASK PRICE
A currency exchange rate is typically given the Bid Price/ Ask Price. The Ask Price (or Buy Price) is the price at which clients can buy an instrument. The Bid Price (or Sell Price) is the price at which clients can sell an instrument. The Bid Price is always lower than the Ask Price.
SPREAD
Spread
0.00002
1.14347/1.14345
The Spread is the difference between Bid Price and Ask Price quoted for an instrument.
In the example above, the spread is 0.00002 (1.14347 – 1.14345).
The spread is one of the key costs involved in CFD trading. Tighter spread will always give investors better value.
In the example above, the spread is 0.00002 (1.14347 – 1.14345).
The spread is one of the key costs involved in CFD trading. Tighter spread will always give investors better value.
COMMISSION
Commission is another potential cost that clients should consider. A fixed amount of commission will be charged to your account upon execution of any order for some instruments on our platform.
PHYXTRADE LTD SPREADS AND COMMISSIONS
PHYXTRADE LTD offers variable and competitive spreads and commissions. To view PHYXTRADE LTD Spreads and Commissions, click Instruments below.
Related Reading: Product Disclosure Statement (PDS)
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