What Is Spread in Forex? The Bid-Ask Gap, Costed in Ringgit
The spread is the gap between the bid and ask price, paid on every trade. What 1, 2 and 3 pips cost in ringgit, from the ECB's 16 October 2026 rates.
The spread is the gap between the bid and ask price, paid on every trade. What 1, 2 and 3 pips cost in ringgit, from the ECB's 16 October 2026 rates.
Not by BNM or the SC on anything read. ic.com names one signer: Raw Trading Ltd, FSA Seychelles licence SD018. The entity map, checked 18 October 2026.
A pip is 0.0001 on most pairs and 0.01 on yen pairs. What one pip is worth in ringgit, worked from the ECB's 14 October 2026 reference rates.
BNM's 2010 release calls dealing in foreign currency with anyone but an authorised dealer an offence. The Labuan bar and BNM's alert list, read in October.
Not by BNM: its alert list has carried an FBS Malaysia entry since 2012, and fbs.com is among the sites it names. What FBS says about Belize.
Not by BNM: its alert list has carried OctaFX since 2022, naming seven Malaysian collecting agents. What the entry shows, and what Octa says it is.
Not by BNM: its alert list names 'XM Forex Malaysia' with a 2017 date. And the two CySEC numbers affiliates quote for XM belong to two different companies.
No Malaysian licence for Exness on the record. BNM's alert list has named 'Exness Malaysia' since 2017; its client agreement is a Seychelles company's.