1️⃣ Log in to TradeLocker
Open TradeLocker in your browser or app.
Enter your account credentials and log in.
2️⃣ Select the Pair You Want to View
Go to your watchlist or search for the pair (e.g., EURUSD, XAUUSD, NAS100).
Click on the pair to open its chart.
3️⃣ Identify the Bid and Ask Prices
At the top of the chart or in the watchlist, you will see two prices:
Bid Price – The price you can sell at.
Ask Price – The price you can buy at.
The difference between these two prices is the spread.
4️⃣ (Optional) Enable the Ask Line
Click the gear icon (⚙️) on your chart to open settings.
Toggle “Show Ask Line” to display the buy price directly on your chart.
This gives you a visual representation of the spread in real time.
5️⃣ Calculate the Spread
Manual Calculation: Subtract the bid price from the ask price.
Example: If EURUSD shows 1.07200 / 1.07220 → spread = 0.00020 (2 pips).
Visual Check: With the ask line enabled, you can visually see how far apart the bid and ask are.
✅ Tips for Traders
Spreads can widen during high volatility (like news events) or low-liquidity times.
Check the spread before opening large positions to avoid unexpected costs.
Use the lot size calculator in the Tools section of your TXM dashboard to help plan risk.