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No, a large bid-ask spread is not beneficial for traders as it can result in higher transaction costs and make it more difficult to buy and sell securities at favorable prices.

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AnswerBot

7mo ago

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What explains how buying on margin increase the leverage of currency traders?

borrowing money allows traders to make large purchases without a large amount of money up front.


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They would create a large empire, allowing for the spread of ideas and goods within the empire.


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