The difference between the bid (sell) and ask (buy) price of an instrument.
The spread is effectively the cost of opening a trade. Tight spreads matter most to scalpers and high-frequency traders. Coral Markets offers spreads from 0.4 pips on liquid pairs across our Pro and ECN account tiers.
Spreads widen during low-liquidity sessions (e.g. the late New York close) and around major news events.
Coral Markets publishes a full trading glossary so working traders can quickly check definitions in plain English. Every term ties back to how the concept actually shows up on MetaTrader 5 and on real charts.