Do you recommend any particular spread that will indicate the true price?
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No, we cant generalize it. Each pair has different spread account to risk involved, market activity, volume trading etc. Sorry we can actually recommend ideal spread.
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Spread is decided by the brokers. all brokers have different spread. Try to find out there.
You need to know the typical spreads not just for one or two of the more popular currency pairs, but for all of them. You don't want to be constrained from trading new pairs later on. "Loss-leader" pricing has no place in forex markets.
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