Spreads - which is the difference between the bid and ask - are of crucial importance

[ali200]

Spreads - which is the difference between the bid and ask - are of crucial importance for traders and directly affect the profitability of each trade. You should be aware that the differential can vary widely spread throughout the day, turning up a profitable trade into a losing trade.

You should also understand that the spreads will widen mechanically during the closing hours of the market, when volumes are low and liquidity. A similar pattern occurs during the holiday season (see: trader during the holidays). Finally, spreads tend to widen as just before the release of new importances as a monetary policy decision or the publication of the latest unemployment figures. The economic calendar is available to keep you informed of the arrival of such events.

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[mak123]

Yes for traders spreads is very important as they affect profitability of trader. actually it tells us about our profit and loosing.

[uncle gober]

And the low spread really support us to maximize our trading result. I also get the lowes spread in my broker, Armada Markets. Have you tried using this broker to trade?

[Tanzil Al Banna]

If you use have higher trading spread in your chart, that means; you are going to late, to manage your daily trading target! Spread skills our trading profits! That’s way; I am very sensitive on this issue! In addition, I trade with most friendly platform TradingBanks which one ensures low trading spread for all of trading instruments!

[ForexMartTrader]

When you have  broker such as ForexMart that provides low spreads across various currency pairs, it will greatly lower your transaction costs in the forex market and leave you with higher profits during forex trading.  

[ForexMartTrader]

While it is better to choose a broker that provides low spreads, it is also important to choose currency pairs that have lower spread compared to their daily range. Choosing a suitable currency pair to trade is one of the most significant decisions that influences your performance.