English
Afrikaans
Albanian
Amharic
Arabic
Bulgarian
Chinese (Simplified)
Chinese (Traditional)
Croatian
Dutch
Filipino
French
German
Greek
Hindi
Indonesian
Irish
Italian
Japanese
Korean
Lao
Latin
Nepali
Persian
Polish
Portuguese
Romanian
Russian
Serbian
Sesotho
Spanish
Thai
Turkish
BID, ASK and SPREAD
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.
personal injury attorney dayton ohio law prediscovery nutrition of yogurt
teacher education programs employer branding social media amsterdam hotesl
google adword services benefits of personal training bypass admin password
telecommunication course universidad tecnologica nacional new york public library event space