A spread is the difference between the bid price, which is the price at which you can sell, and the ask price, which is the price at which you can buy a financial instrument.
For example, if an asset has a Bid price of 1.1000 and an Ask price of 1.1002, the spread is 0.0002.
Spreads can vary depending on the product and market conditions, and they may widen during periods of high volatility or low liquidity.
At amana, we aim to provide tight and competitive spreads. To check the spread for a specific instrument, simply search for it in the amana app and view its pricing details.