What is Spread?

The price difference between buying and selling a financial product is called *Spread*. It is also called *scissor difference* or *currency difference* in different markets.

Why Variable Spread?

BAL works with variable spreads like the interbank forex market. Fixed spreads are generally higher than variable spreads so if you trade with fixed spreads you will have to pay for an insurance premium. Often, forex brokers that offer fixed spreads impose trading restrictions during news announcements, making your insurance worthless. BAL does not impose any restrictions on trading during news releases.

Fractional Pip Pricing

BAL offers fractional pip pricing to get the best prices from various liquidity providers. Instead of 4-digit quotes, customers can take advantage of even the smallest price movements by adding a 5th digit.