Statrys Forex 101: What is an FX Spread?

In this episode of Statrys Forex 101, Jonathan Cusimano, Head of FX at Statrys, breaks down what an FX spread is and why it matters when you exchange currencies. The concept is often overlooked, especially by businesses that are told they are trading with “zero” or “no-commission” providers.

Jonathan explains how the spread represents the real cost of a foreign exchange transaction. Instead of charging an explicit fee, many FX providers build their margin directly into the buy and sell prices of a currency pair. Understanding this helps businesses better evaluate FX costs and avoid misleading pricing claims.

Key Takeaways

• What an FX spread is in foreign exchange
• How spreads represent the hidden cost of “no-commission” FX
• The difference between buy and sell prices in a currency pair
• Why zero-commission FX trading is misleading
• How FX providers generate revenue through spreads