How to calculate the foreign exchange spread? The spread is uncertain, different platforms, different agents and different spreads.
But the 1 point in the price difference corresponds to 10 USD.
The integral value is calculated as follows.
The point value is the profit brought by every change of the contract.
Point value = standard contract value * 1 basis point/exchange rate
Take Euro/USD as an example, the contract value is 100000 Euro and the exchange rate is 1.3670.
Integral value = 100000 Euros * 0.00011.3670 =10 USD,
The average number of points in a currency pair is $ 10.
What is "communication"? When the exchange rate changes, the difference of point fluctuation is "point difference". For example, when USD/JPY changes from 120.00 to 12 1.00,121.00 =1.00. When GBPUSD changes from 1.0000 to 0.9800, the price difference is 200 points.
Quotation price difference: In foreign exchange transactions, there is a price difference between the buying price and the selling price. For example, when USDJPY quotes 120.00/10,10 is the selling price, 120.65438+. When GBPJPY quotes 185.50/ 185.60, the price difference is 10 point.
Fee spread: convert the fee charged for each transaction into the spread. No matter what currency is traded, the handling fee will be converted into the spread of that currency.
Ask more questions. Welcome to continue asking questions.