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UNDERSTANDING
SPREAD IN THE
CURRENCY MARKET
By Pablo Soria de Lachica
Introduction
 The director of business development at Bforex,
Pablo Soria de Lachica is responsible for daily
operations and management of the company’s
trading platforms, MetaTrader4 and Profit. In his
role, Pablo Soria de Lachica provides experienced
and novice traders with a variety of invaluable
investment tools and training for trading on the
foreign currency exchange market.
Spread refers to the difference between the
lowest price asked and the highest bid. In Forex
trading, the bid price is the price at which a buyer
is willing to purchase a currency, and the ask price
is the price at which a seller will happily sell a
currency.
Spread
 The director of business development at Bforex,
Pablo Soria de Lachica is responsible for daily
operations and management of the company’s
trading platforms, MetaTrader4 and Profit. In his
role, Pablo Soria de Lachica provides experienced
and novice traders with a variety of invaluable
investment tools and training for trading on the
foreign currency exchange market.
Spread refers to the difference between the
lowest price asked and the highest bid. In Forex
trading, the bid price is the price at which a buyer
is willing to purchase a currency, and the ask price
is the price at which a seller will happily sell a
currency.

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Understanding Spread in the Currency Market

  • 1. UNDERSTANDING SPREAD IN THE CURRENCY MARKET By Pablo Soria de Lachica
  • 2. Introduction  The director of business development at Bforex, Pablo Soria de Lachica is responsible for daily operations and management of the company’s trading platforms, MetaTrader4 and Profit. In his role, Pablo Soria de Lachica provides experienced and novice traders with a variety of invaluable investment tools and training for trading on the foreign currency exchange market. Spread refers to the difference between the lowest price asked and the highest bid. In Forex trading, the bid price is the price at which a buyer is willing to purchase a currency, and the ask price is the price at which a seller will happily sell a currency.
  • 3. Spread  The director of business development at Bforex, Pablo Soria de Lachica is responsible for daily operations and management of the company’s trading platforms, MetaTrader4 and Profit. In his role, Pablo Soria de Lachica provides experienced and novice traders with a variety of invaluable investment tools and training for trading on the foreign currency exchange market. Spread refers to the difference between the lowest price asked and the highest bid. In Forex trading, the bid price is the price at which a buyer is willing to purchase a currency, and the ask price is the price at which a seller will happily sell a currency.