The spread is the difference between the price at which you can buy a currency (the offer price) and the price at which you can sell it (the bid price). In a very liquid market, where great quantities of currency are being traded, this difference will generally be smaller than in less liquid markets, where smaller quantities are being traded.
		
								
							
						
						
						



							
						
						
						
								
								
								
						
								
								
								
								
								
								




