Foreign exchange dealers always quote a asking price and a buying price. The price difference refers to the difference between the buying price and the selling price. From the perspective of investors, it is almost the transaction cost. Of course, the smaller it is, the better it is for investors. Generally speaking, the spread of high-liquidity currencies is smaller than that of low-liquidity currencies.
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.