Alan SolarshOwner of forexrobots.co.za Making your trading experience more profitable and exciting.

Uncover the secrets behind the SPREAD 📈 🚀🤑

Name: Uncover the secrets behind the SPREAD 📈 🚀🤑
Uploaded: 2024-04-05T21:59:02+00:00
Duration: 39 s
Channel: Alan Solarsh
Description: Alan Solarsh defines and explains the financial "spread" in a short YouTube tutorial. He states the spread is the difference between the actual price and…

5 Apr 2024 · 1 min

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0:39

Alan Solarsh defines and explains the financial "spread" in a short YouTube tutorial. He states the spread is the difference between the actual price and the broker-quoted price, calling it essentially the broker's fee. The clip describes two on-screen lines (white = actual price; red = charged price) and gives a numeric example showing the difference as the commission paid to the broker.

Questions this video answers

The difference between the actual price and the broker-quoted price — effectively the broker's fee (the commission paid to the broker).

Chapters

Now, the spread is basically the price. It's the difference between the price and what the broker is quoting what the price is. So it's basically the broker's fee. There's two prices. As you can see on the right hand side here, there's a red line and a white line. Now, the white line is the actual price of the currency. The red line is the price that you're being charged. Okay, there's an extra charge, so it's 42.42 and then 0.74, 0.75. The difference between these two prices is the commission that gets paid to the broker. That is called the spread.