When we execute trades in the fx pair spot market we earn profits in various currencies such as euro, usd, yen, pound etc.
But then these profits are converted to the accounts base currency. while converting the exchange rates apply, and we pay spread! !! !!!
That means if u earn profit in cad, u pay spread for gbp/cad if ur accounts base currency is usd, its the best until usd is not falling down.
Any ideas/ views on this friends