Guide to Forex Trading:

This pip spread on every trade is a commission. That’s what it is. Despite what the broker might claim. And that pip spread is not cheap. 1 pip is $10 on a just one full sized pair. Try $50 on a 5 pip spread you still see as commonplace.
You have a trade where you are targeting 25 pip spreads and risking 25 pip spreads. As you’ll learn below, that trade actually has to go 28 pip spreads or more to hit your target of 25 pip spreads and you’ll actually be risking 28 pip spreads or more – but for this example we won’t get hung up on that. We’ll solve that later.
Spreads