The bid-ask spread explained: A guide for OANDA traders

What is the bid-ask spread, and how does it impact your forex trading costs? In this video, TraderNick breaks down everything traders need to know. Whether you are trading major currency pairs like EUR/USD or exploring other markets, the difference between the bid (sell) and ask (buy) price is fundamental to your strategy. Nick explains exactly how market liquidity, volatility, and pips influence the spread, giving you the knowledge to manage your risk and calculate potential profits effectively. Download the OANDA app for iPhone, Android and tablet devices here - https://bit.ly/43SU16I Open an OANDA account - https://bit.ly/4vsy2PQ