A spread refers to the difference between the buy (ask) and sell (bid) prices quoted for an asset. It is a fundamental aspect of margin trading and influences how derivatives are priced. The spread varies across different products and services offered and can be viewed on our App and Website. Please note that market conditions can cause spreads to fluctuate, potentially widening beyond the typical spreads displayed on our platform.
For instance, if AAPL has a bid price of $147.25 and an ask price of $147.30, the spread is $0.05. Buying AAPL at $147.30 (the ask price) and selling at $147.25 (the bid price) reflects the spread.
If you require further clarification on this topic, please do not hesitate to contact our Customer Care team via the app or by emailing us at support@changeinvest.com.
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