What Is Spread?

Spread is a fundamental concept in trading that represents the difference between the bid price (the price at which you can sell) and the ask price (the price at which you can buy) of a trading instrument. Essentially, the spread is the cost of trading, and it can vary depending on market conditions and the broker you trade with. 

JustMarkets Spread Offerings

At JustMarkets, we provide low floating spreads starting from zero pips. This ensures that our clients have access to competitive trading conditions, which can enhance profitability. To find out the typical spreads for each account type, please visit our Contract Specifications page.

Factors That Affect Spread

Several factors can influence the spread, including:

1. Market Volatility: During times of high or low market volatility, spreads can widen due to increased risk and uncertainty.
2. News Releases: Major economic news releases can cause spreads to widen as the market reacts to new information.
3. Unexpected Economic Events: Sudden and unforeseen events can impact the spread significantly.
4. Market Opening or Closing (Daily Rollover): Spreads can widen during the market opening or closing periods due to lower liquidity.

To stay informed about upcoming news events that might affect the spread, refer to our Economic Calendar.

How to Check the Exact Spread in MetaTrader?

Spreads are displayed in points in MetaTrader, and you can check them using the following steps:

Desktop MT4:

1. Log in to MT4.
2. Find the Market Watch window on the left (press CTRL+M if it's not visible).
3. Right-click on any trading instrument and select "Spread."

WebTrader MT4:

1. Log in to MT4 WebTrader.
2. Find the Market Watch window on the left (View > Market Watch).
3. Right-click on any trading instrument, go to Columns, and select "Spread."

Desktop MT5:

1. Log in to MT5.
2. Find the Market Watch window on the left (View > Market Watch).
3. Right-click on any currency pair, go to Columns, and select "Spread".

WebTrader MT5:

1. Log in to MT5.
2. On the right, find the list of trading instruments below the Search field.
3. Right-click on the name of any column and select "Spread."

Mobile MT4/5:

1. Log in to the mobile MT app.
2. Go to Quotes.
3. Add the trading instruments you would like to check.
4. The spread will be displayed below the trading instrument.

JustMarkets Trading App:

1. Enter JustMarkets Trading App.
2. Select one of your MT5 trading accounts and click “Trade”.
3. Select the trading account.
4. Chart will be opened, you will see spread below Sell and Buy buttons.

By understanding spreads and how to check them in MetaTrader, you can better manage your trading costs and make more informed trading decisions.