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By Travis
#1438
The difference between ASK and BID is called the spread. It represents brokerage service costs and replaces transaction fees. Spread is traditionally denoted in pips – a percentage in point, meaning fourth decimal place in currency quotation. The following types of spreads are used in Forex Trading. As a low spread broker, I have selected Trade12 broker. I have the low spread from 0.1 pip. I can enjoy a huge profit due to their low spread.

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