You Must Know How These Psychological Traps Destroy Financial Judgment
Every aspiring forex trader begins with a powerful vision of financial freedom. Yet despite this promise, most traders struggle to achieve consistent success.
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What is a Forex Spread in Trading (Part 3)
Abstract：Spread is one of the basic terms of forex trading and investing.
Previous part : https://cutt.ly/CjEXEEJ
Forex account without spread
Are you wondering if it is possible to trade Forex without a spread ？
No dealing desk trading accounts or ECN accounts are accounts with no brokerage fees for the broker. On this kind of account, you only pay the interbank fees, for example, 0.1 - 0.2 pips on the EUR/USD pair.
In this case, the broker will charge a fixed commission for each negotiated contract, because of course, no one gives access to the market without fees and also, brokers must be remunerated.
Which is the best Forex spread ？
The best forex spread is the interbank spread. The interbank spread is the true spread of the currency market and the spread between the bid and ask prices of the exchange rates. To have access to the interbank spreads, you need an ECN or STP account. On this kind of Forex trading account, the investor pays only a commission and has access to the interbank spreads.
How to see the spread on MetaTrader 4 ？
Once your MetaTrader 4 trading platform is open, all you have to do is go to the “Market Observation” section if this is not already present on the left side of your screen.
Now here are two available solutions included by default in the MT4 forex trading platform :
1.Right click on your mouse in the white part of the window and select “Variance”. This manipulation displays you directly the corresponding spread in real time after the bid and ask quotes for each instrument.
2.On an MT4 trading chart, right click your mouse and select “Properties”
This second option opens a parameter window which is linked directly to the MT4 trading chart, all you have to do is to check the box “Show ASK line (request)” in the “General” part of the MT4 parameters and click OK.
So, the spread is represented on your MT4 forex trading chart with the help of a red line ---- the ASK line, which materializes the current quote. The difference in size between these two lines represents the spread visually .
(To be continued ... )
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Further Reading
Top MetaTrader 5 Scams And How To Avoid Them
MetaTrader 5 (MT5) is a widely trusted trading platform, but its popularity has also made it a target for scams involving fake investment systems, trading robots and phishing attacks. While the platform itself is reliable, risks often arise from unregulated brokers and fraudulent third parties. Traders must practise due diligence, verify brokers and remain cautious of unrealistic profit promises to safeguard their investments.
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When the Licence Disappears: What Traders Overlook About Their Brokers
In the foreign exchange and online trading industries, regulation is often referred to as a technical requirement. Yet for traders of all levels, a broker’s regulatory status is one of the most fundamental markers of safety and transparency. When a broker loses its licence, it is never a minor administrative event. It signals structural problems that can place client funds and trading conditions at significant risk. Understanding why brokers lose their licences, what it means, and how traders can stay informed is essential in today’s rapidly shifting financial landscape.
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FCA Warning List – October 2025
The Financial Conduct Authority (FCA) in the UK has published the FCA Warning List- October 2025, alerting forex traders and investors about unauthorized brokers. These firms are operating without the necessary FCA approval. To safeguard your funds and avoid scams, be sure to check the full warning list below.
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