I'm very new to forex, just opened a practice account to try to learn it. There's something I can't understand though, and I've been upable to find anything explaining it. We'll take USD/CHF for example: Bid - 1.08424 Ask - 1.08466 Difference of 4.2 pips, simple enough. On a single, 100k lot, you're looking at a $42 spread. Simple. Now... USD/JPY: Bid - 96.955 Ask - 96.974 Difference of... 19 pips??? It doesn't even read out to the fourth decimal. On a single, 100k lot, I'm looking at a $190 spread???? That can't possibly be right, and I know it's not right because the trade p/l doesn't work out like that. What am I missing/looking at wrong? Forgive the blatany stupidity, I'm new (like all of two days) to this.