MqlRates spread gives spread on pips ?

[Azkron]

I am an experienced programmer but I am new to FX trading.

When I check the .spread property in a MqlRates instance I always get whole numbers like 2 or 7, but then if for instance it is 7, does that mean that the spread is 7 pips ?

[Alain Verleyen]

Azkron:

I am an experienced programmer but I am new to FX trading.

When I check the .spread property in a MqlRates instance I always get whole numbers like 2 or 7, but then if for instance it is 7, does that mean that the spread is 7 pips ?

It's in points.

[Azkron]

Alain Verleyen:
It's in points.

Ok Thanks, Also does that mean that the market has to go at least X points up or down to make a profit ?

[Alain Verleyen]

Azkron:

Ok Thanks, Also does that mean that the market has to go at least X points up or down to make a profit ?

Yes by definition of spread in Forex.