Every market has a spread and so does Forex. A spread is simply defined as the price difference between where a trader may purchase or sell an underlying asset. Traders that are familiar with equities will synonymously call this the Bid: Ask spread. Spreads can therefore be seen in the currency market could be seen as a broker's commission which they fetch from price quotes. Spreads are very important to the broker and the investor, exorbitant spreads can scrap all the dividends of a winning trade; spreads if not fixed can even endanger your positions on event of volatility.