Here are the differences in how the spread is shown:
- On the Exness website, the average spread of the previous trading day is shown in pips.
- On the Exness Terminal, the current spread* is shown in pips.
- On the Exness Trade app, the current spread is shown in pips.
- On MT4/MT5 trading platforms, the current spread is shown in points.
*For majors, minors, and exotics only. Spread for cryptocurrencies, energies, indices, and stocks will be displayed in the quote currency.
A spread of 2 pips on the Exness website will show as 20 points on MT4/MT5.
Learn the difference between pips, points, and more in common trading terms.
Example:
If the bid price of USDCAD is 1.26586 and the ask price is 1.26600
- Spread = (ask price - bid price)/Pip size
- Spread = (1.26600 - 1.26586)/0.0001 = 1.4 pips
These values would be displayed on these platforms as:
- Exness website: 1.4 pips
- Exness Terminal: 1.4 pips
- Exness Trade: 1.4 pips
- MT4/MT5: 14 points