A spread is the difference between the buy (ask) and sell (bid) prices quoted for an asset. It is a key element of margin trading and affects how derivatives are priced. The spread can vary across different products and services offered, and you can view it directly in our App and on our Website. Please note that market conditions may cause spreads to fluctuate, sometimes widening beyond the typical values displayed on our platform.
For example, if AAPL has a bid price of $147.25 and an ask price of $147.30, the spread is $0.05. Purchasing AAPL at $147.30 (the ask price) and selling at $147.25 (the bid price) represents the spread.
If you need further clarification on this topic, please feel free to contact our support team via the app or by emailing us at support@changeinvest.com.
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