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The higher the spread the harder it will be to collect desired pips


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Another thing to keep in mind is spread which brokers charge for different currencies.

The higher the spread the harder it will be to collect desired pips(because once trading position is opened, trader must cover spread cost – earn pips for broker first – and only then collect own pips).

And, of course, the lower the spread the easier/faster it is to accumulate pips.

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