Hey guys
How does spread work when setting an order , does it differ based on the lot size?
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The broker sets the spread, between buying and selling prices, nothing to do with lot size per se, which is your risk exposure cost. Usually, the greater the order flow the lesser the financial spread cost.
TD365 broker quotes competitive fixed spread prices for the whole trading day.
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Spread is the difference between the bid price (the price at which buyers are willing to buy) and the ask price (the price at which sellers are willing to sell) of a financial instrument. When you set an order in forex trading, the spread can impact the execution of your trade.
The spread can vary depending on the forex broker you’re using, the currency pair you’re trading, and market conditions. Some brokers offer fixed spreads, while others offer variable spreads that can change depending on market volatility. It’s important to understand the spread of the currency pairs you’re trading and how it affects your potential profits and losses.
When you place an order, the spread is factored into the price of the trade. For example, if you’re buying a currency pair, the ask price is used to calculate the purchase price, while the bid price is used to calculate the sale price if you’re selling. The difference between these two prices is the spread.
The spread does not typically differ based on the lot size, although some brokers may offer lower spreads for larger lot sizes. However, it’s important to keep in mind that larger lot sizes can come with higher transaction costs, such as commissions or other fees.
In summary, spread is an important factor to consider when setting an order in forex trading. Understanding how it works and how it can impact your potential profits and losses is essential to making informed trading decisions.
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Steve and Nicholas have explained the spread very well. 
But just in case you want to read more about it, you can see it here and why it’s very different from the lot size. 
Better yet, maybe it would help to run through the whole course!
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Spread is the difference between ask and bid price, referring to commission taken by brokers. The lower the spread is, the higher your return is.
The lower the spread is, the moderate the return is. How does it increase risk?
The spread is the broker cost, but the lot size defines your risk exposure.
Short and sweet, thanks a million.
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