Cryptocurrency Q&A Is high spread good or bad?

Is high spread good or bad?

NebulaChaser NebulaChaser Mon Dec 23 2024 | 6 answers 1457
I'm trading forex and I'm wondering if a high spread is beneficial or detrimental to my trades. Should I be concerned about a high spread or is it something that can work in my favor? Is high spread good or bad?

6 answers

CryptoElite CryptoElite Wed Dec 25 2024
The concept of spread is fundamental in financial trading.

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LitecoinLodestar LitecoinLodestar Tue Dec 24 2024
Regardless of the terminology used, the spread remains a consistent aspect of trading.

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Eleonora Eleonora Tue Dec 24 2024
With BTCC, traders can access a platform that offers competitive spreads.

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CryptoLord CryptoLord Tue Dec 24 2024
The size of the spread has a direct correlation with a trader's income.

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GwanghwamunPride GwanghwamunPride Tue Dec 24 2024
Forex brokers often rely on spreads as their primary source of income.

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