BID, ASK and SPREAD

0fd6b1870b8de5e3ec37e14d4ecf3981_1497466741_5558

ASK: the price of the base currency at which the dealer is willing to sell in exchange for the quote currency. In simple words, the ask is the price at which you will buy.

SPREAD: the difference between the ask and the bid prices. In other words, it is the difference between the market maker’s “selling” price (to its clients) and the price the market maker “buys” it from its clients.

By the way, the BID is always lower than the ASK. The reason for this mystery is that the SPREAD (the difference between the bid and the ask prices) is how FOREX brokers get paid for their services without charging you with commissions or special fees.

Latest Comment

  1. Commented by: Jameswrark

    Уборка в Санкт-Петербурге! Избавьтесь от забот, передайте заботы в руки специалистов! Не откладывайте на потом Перемещайтесь к https://uborka-spb24top.ru/

  2. Commented by: JeffryOmilt

    Нужен срочный вызов сантехника в Алматы? Профессиональные мастера оперативно решат любые проблемы с водопроводом, отоплением и канализацией. Доступные цены, выезд в течение часа и гарантия на все виды работ сантехник услуги

  3. Commented by: Allenanatt

    Наведение порядка в СПб! Забудьте о хлопотах, доверьтесь профессионалам! Не откладывайте на потом Тапайте https://service-cleanspb.ru

1 2 3 3,935

Latest Comment

Your email address will not be published. Required fields are marked *