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: RalphKit

    п»їTo be honest, I found an informative resource concerning buying affordable antibiotics. The site discusses how to save money for generic meds. In case you need cheaper alternatives, take a look: п»їkisawyer.us.com. It helped me.

  2. Commented by: Lloydirord

    If you want to save big on pills, I suggest visiting this resource. It shows prices for generics. Discounted options found here: п»їprogreso mexico pharmacy online.

  3. Commented by: Danielmed

    п»їLately, I found a great resource regarding generic pills from India. The site discusses WHO-GMP protocols on prescriptions. If anyone wants factory prices, read this: п»їhttps://kisawyer.us.com/# buy medicines online in india. Might be useful.

1 2 3 493

Latest Comment

Your email address will not be published.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