When trading gold, the base spreads listed in the platform’s trading specifications help users understand the cost structure in advance. However, when monitoring live markets, many traders want to check the current gap between the bid price and ask price directly within MT5. This figure can be viewed inside MT5.

1. How to Check Real-Time Spreads on Desktop MT5

Open the Market Watch window on your desktop terminal.

MT5 Market Watch displays real-time bid quotes, ask quotes, spreads and other data. You may customise visible columns via column settings.

If the spread column is not visible, adjust the displayed items within Market Watch.

2. Is Real-Time Spread Available on Mobile MT5?

Yes.

The quote page of the Android version shows spreads quoted in points. On iPhone, the quote page also displays the latest quote timestamp and spread within instrument details.

There is no need to manually subtract the two prices every time on mobile devices.

3. The Difference Between Real-Time Spreads and Platform Base Specifications

Base specifications help users learn the standard trading parameters of the platform, while live quotes reflect the bid and ask prices shown on your trading terminal.

At Lucky Gold, the base spread for London Gold is 15 US dollars per lot and 60 US dollars per lot for London Silver. Both instruments carry zero commission.

In live trading, review the base specifications first and then check current quotes via MT5.

4. Lot Conversion for 0.01 Lot

Take Lucky Gold’s London Gold with a base spread of 15 USD per lot as an example.

Proportional calculation: 1 lot corresponds to 15 US dollars. 0.1 lot corresponds to approximately 1.5 US dollars. 0.01 lot corresponds to approximately 0.15 US dollars.

For London Silver at 60 USD per lot, 0.01 lot equals roughly 0.60 US dollars proportionally.

These calculations are derived from base specifications. For actual orders, always refer to live terminal quotes.

5. Why the Spread Figure May Fluctuate

MT5 shows live bid and ask prices streamed from the trading server, and the spread is the difference between these two prices.

When the gap between bid and ask widens or narrows, the real-time spread changes accordingly.

This is why remembering a single fixed value is insufficient. Always check live quotes again before placing an order.

6. Purposes of Checking Real-Time Spreads

The most direct function is to verify current bid and ask quotes before submitting orders.

Lucky Gold users can cross-reference base parameters from trading rules together with MT5 real-time data instead of judging trading costs solely from promotional descriptions.

Traders using varying lot sizes can also familiarise themselves with proportional values for 1 lot, 0.1 lot and 0.01 lot to simplify calculations.