[Spread].
In forex trading, the spread is the biggest cost of trading. The spread is the difference between the bid and ask price, and the lower the spread the better for the trader.
And different brokers will have different spreads on the same product, especially some unregulated platforms. Here we compare the cryptocurrency spreads between [Etoro] and [ICMarket]
You can see that the spread on the same product at [Etoro] is [10 times] higher than at [ICMarket]!
[10 times]! Buying a single lot of bitcoin at Etoro will result in a direct loss of $50, so be careful!
APP link: https://wikifx1.onelink.me/QUVu/emily
WikiFX website: https://wikifx.com/en/?source=emily (for checking broker's review and scoring)
