Someone help with how the spread actually works?

Thanks for getting back to us @dupue. We’re glad that’s resolved. If you have more questions about FOREX.com, please don’t hesitate to reach out to us in the Broker Support section of BabyPips.

You’re looking at the spreads around 5pm New York Time which is when daily trade rollover occurs. This marks the end of one trading day and the start of the next in the 24-hour global forex market. It tends to be a quiet time with little trading, which is why you see wider spreads. When market activity picks up as the new business day begins in Asia, you will see the spreads tighten.

Also, keep in mind FOREX.com spreads are all inclusive, with no additional commissions charged. Some brokers charge a commission on top of their spreads, so you must factor that in when computing your total transaction costs.