Why Exness Spread High
When trading forex with Exness, one of the most frequently asked questions by traders is, "Why is Exness spread so high?" Spreads play a critical role in determining trading costs, and understanding why they can appear high is essential for both novice and experienced traders. In this comprehensive guide, we’ll explore the factors that influence Exness spreads, how they compare to industry standards, and actionable tips to manage trading costs effectively. Whether you’re scalping, day trading, or holding long-term positions, this article will provide clarity on Exness spreads and why they vary.
What Are Spreads in Forex Trading?
Before diving into why Exness spreads might seem high, let’s clarify what a spread is. In forex trading, the spread is the difference between the bid price (the price at which you can sell a currency pair) and the ask price (the price at which you can buy it). Measured in pips, the spread represents the cost of entering a trade and is a primary way brokers like Exness generate revenue.