Explaining Spreads

1 min. readlast update: 10.11.2024

What is a Spread?


All trading instruments have two prices, which are the Bid Price and the Ask Price. The spread is the difference between these two prices. 

The Bid price is the price quoting the highest bid on the market, which is the best price available to sell at. The Ask price is quoting the lowest ask, which is the best price available to buy at. 

 What triggers the activation of my stop loss?

  • The Bid Price initiates the closing of Buy positions. (Sell order executed to close a buy position)
  • The Ask Price initiates the closing of Sell positions. (Buy order executed to close a sell position) 

To view the spread, navigate to the "Watchlist" section and locate the instrument you want to view the spread for. The spread will be displayed in the "Bid" and "Ask" columns in PIPS.

How can I add the Spread on the watchlist?

In order to access the Columns Selector on Sway Charts click on the following which then you would be able to add or remove columns from the watchlist.

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