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EXNESS: Why is spread shown differently on MT4/MT5 and Exness website?
Source:https://get.exness.help/hc/en-us/articles/6214438375442-Why-is-spread-shown-differently-on-MT4-MT5-and-Exness-website- | Author:finance-102 | Date2022-12-06 | 171 Views | Share:
Spread is shown in pips on the Exness website, while the same spread value is shown in points on MT4/MT5. Spread is the difference in pips between the current Ask price and the Bid price of a particular trading instrument. A spread of 2 pips on the Exness website will show as 20 points on MT4/MT5.

Spread is shown in pips on the Exness website, while the same spread value is shown in points on MT4/MT5. Spread is the difference in pips between the current Ask price and the Bid price of a particular trading instrument. A spread of 2 pips on the Exness website will show as 20 points on MT4/MT5.


For 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


The spread value would be 1.4 pips on the Exness website and 14 points on MT4/MT5.


Point is a minimum value of price change (5th decimal), while Pip is the value of price change (4th decimal). A pip equals 10 points. You can read more on Pip and point.

Exness offers its clients the ability to trade various instruments with dynamic and stable spreads as well as check each instrument's average spread under Contract specifications.


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