Why trade with Trade XN?

 Trusted and Reliable Partner:

tradexn founded in 2015 is a leading online trading provider, offering trading with Forex, Indices, Precious Metals and Energy.

Award winningtechnology:

Our strong dedication to state-of-the-art software and quality assurance means that our clients receive the best service.

The highest level of customer service:

At trade xn our priority is to enable our clients to make intelligent trading decisions by offering various trainings programmed.

Designed for traders looking for an edge in their trading, our platform offers a rich and user-friendly interface in a highly customizable trading environment to help improve your trading performance.

If you need a reliable source of information regarding the financial markets, learn more in our knowledge base section.

What is spread?

The spread is the difference between the buy (ask) and the sell (bid) price of an instrument.

The spread is one of the chief costs of a trade xn

The tighter (smaller) the spread, the lower the cost of the trade

We offer both ‘fixed’ spreads and ‘floating’ spreads, so you can decide which account best suits your trading style and strategy

The spread on financial markets is the difference between the buy (ask) price of an instrument and the sell (bid) price of an instrument. When placing a trade on the market, the spread is also the main cost of the position. The tighter the spread, the lower the cost of trading. The wider the spread, the higher it costs. You can also view the spread as the minimum distance the market has to move in your favour before you could start earning a profit.

For example, tradexn let’s say our EURUSD market is quoted with a buy price of 1.0984 and a sell price of 1.0983, so the spread is calculated by subtracting 1.0983 from 1.0984 — giving a total spread of 0.0001 or 1 pip. Once you’ve placed a trade on the EURUSD market and the market moves at least 1 pip in your favour, that’s when your position can begin generating profits. This is also the reason that when you first place the trade, you’ll start off making a small loss.

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