I use Tradestation for futures trading and decided to try my system on forex. I have noticed that the price that TS is displaying for GBP/USD and what my broker, Oanda, is listing is different. Perhaps Im just a moroon. I know there is a 3 pip spread on GBP.. but then the Bid/ask is seperated by 4 pips as well. That makes the price off by 7 pips... thats is huge unless im going for 100 pips at a time. for instance - at this moment (12:07 EDT US).. TS states price as 1.7260. Oanda shows it as 1.7263 / 1.7267 So I went short at 1.7263 at 11:20ish... with spread makes me short at 1.7260. Now that TS states it has come back up to 1.7260 - But Oanda shows I am -7 pips instead of BE. Seems hard to make money. I should probably stick to futures... Im always filled at the price my charts say and I know to subtract (or add depending on how I did ) $3.50 for comms. Could someone give me a quick overview on forex pip spread? I am obviously not getting something. Thanks.